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News – Insurance Journal

Ripley Entertainment Settles Some Missouri Duck Boat Lawsuits
A company that owns a duck boat that sank on a Missouri lake last summer, killing 17 people, said that it has settled or is in the process of settling more than half of the lawsuits it faces. KYTV reports …

POSTED JULY 15, 2019 4:37 PM
Virtus Acquires Cobbs Allen’s Kansas City Employee Benefits Unit
Insurance brokerage, Virtus, has acquired Cobbs Allen’s Kansas City employee benefits practice. This acquisition supplements Virtus’ Kansas City presence and adds depth and expertise to its employee benefits practice group. Virtus was founded in Kansas City in 2013 with a …

POSTED JULY 15, 2019 4:35 PM
AGCS Names Global Leaders for Alternative Risk Transfer, Crisis Management Units
Allianz Global Corporate & Specialty SE (AGCS) has appointed Christof Bentele to the newly created position of head of Global Client Management for Alternative Risk Transfer. His previous role as head of Global Crisis Management has been split into two …

POSTED JULY 15, 2019 4:27 PM
Missouri Governor Vetoes Repeal of Motorcycle Helmet Law
Missouri Gov. Mike Parson has vetoed a bill that would have allowed some motorcycle riders to drive without helmets, citing opposition to an unrelated provision in the measure. The legislation would have repealed Missouri’s helmet requirement for motorcycle riders who …

POSTED JULY 15, 2019 4:26 PM
4.6, 3.5 Magnitude Earthquakes Rattle Greater Seattle Area
Two earthquakes shook the Puget Sound region in Washington state early Friday morning, with the temblors felt into British Columbia and across the Cascade Mountains into the eastern part of the state. There were no immediate reports of damage or …

POSTED JULY 15, 2019 4:23 PM
Nevada Officials Expect Interest in Quake Coverage to Rise
Few Nevada residents and businesses have earthquake coverage, but insurance officials said they are expecting interest to increase after the two California earthquakes that rattled the region. The magnitude 6.4 and magnitude 7.1 quakes in the Southern California desert last …

POSTED JULY 15, 2019 4:14 PM
Oklahoma, J&J Wrapping Up First Trial Over Opioid Crisis
Oklahoma’s attorney general is expected to urge a judge to find Johnson & Johnson responsible for flooding the market with painkillers and fueling the U.S. opioid epidemic, as the first trial in nationwide litigation over the drug crisis comes to …

POSTED JULY 15, 2019 4:11 PM
Risk Strategies Acquires California’s Winter Group
Risk Strategies, a privately held, national insurance brokerage and risk management firm headquartered in Boston, has acquired San Diego, California-based Winter Group Inc., a specialty insurance program manager with a focus on the trucking industry. Terms of the deal were …

POSTED JULY 15, 2019 4:05 PM
Petri Honored with ICT’s Raymond Mauk Leadership Award
The Insurance Council of Texas has presented the Raymond Mauk Leadership Award to Verle Petri, a long time insurance executive and expert on Texas insurance regulation and policy. ICT honored Petri with the award during the 27th Annual ICT/AFACT Property …

POSTED JULY 15, 2019 3:58 PM
Court Blocks Trump Rule on Employer Religious Exemption for Contraceptive Coverage
A federal appeals court upheld a lower court order that blocked the Trump administration from enforcing rules that allow more employers to deny insurance coverage for contraceptives to women. The three-judge panel of the 3rd U.S. Circuit Court of Appeals …

POSTED JULY 15, 2019 3:41 PM

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