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News

Insurance Journal delivers the latest business news for the Property/Casualty insurance industry
  1. A U.S District Court in Florida’s ruling could have wide-reaching effects with respect to an insurer’s duty to defend commercial general liability policyholders in data breach cases resulting from the acts of third parties. The Sept. 28 decision came in …
  2. Gallagher Affinity and Secure CyberID, a provider of cybersecurity services, have launched an online, discounted suite of cybersecurity products for small to mid-sized companies under contract with the federal government. The 360 Coverage Pros portal is designed to meet the …
  3. Roughly one-in-10 insurers have exposures to PG&E bonds, which could potentially used to payout on losses from the California wildfires, according to a daily briefing from A.M. Best. It was recently determined that a second power line of PG&E Corp. …
  4. Alera Group has acquired Orion Risk Management Insurance Services. Terms of the deal were not disclosed. Orion is a commercial insurance broker and risk management firm with three locations throughout Southern California. Deerfield, Ill.-based Alera Group provides employee benefits, property/casualty, …
  5. USG Holdings Inc. has named Ali Gray a producer/broker in the Irvine, Calif. branch. Gray will continue to build his book of business and assist with the expansion of USG’s West Coast footprint. He has 9 years of experience in …
  6. Minnesota’s Department of Labor and Industry (DLI) in early November reported that the state’s estimated workplace injury and illness rate for 2017 is the lowest rate since the measurement started in 1973. According to the annual Survey of Occupational Injuries …
  7. The Bank of England turned up the pressure on the European Union to deliver legislation within weeks to avert a breakdown of access to London’s crucial financial infrastructure in a no-deal Brexit. “By early to mid-December, there would have to …
  8. Willis Towers Watson announced that James McCann will be succeeded as chairman of the board by Victor Ganzi, effective Jan. 1, 2019. McCann will step down as chairman three years after the merger of Willis and Towers Watson. He will …