Insurance Journal News Feed

Insurance Journal news feed

1. World Inches Toward Catastrophic Climate Events: ‘Bigger Shocks Are On the Way’

   In the opening scene of American writer Kim Stanley Robinson’s “The Ministry for the Future,” a heat wave combined with a breakdown of the electrical grid in India kills 20 million people. The devastation causes the world’s nations to unite …

2. Comments Due Soon on What Goes on WV Surplus Lines Export List

   West Virginia stakeholders have until Sept. 11 to submit comments on what should or should not be on the state’s export list of coverages that can be placed with surplus lines insurers. The Offices of the Insurance Commissioner annually revises …

3. Chronic Traumatic Brain Damage Widespread in Former NFL Athletes

   Almost every former National Football League player who died between 2016 and 2021 and allowed their brains to be evaluated were found to have chronic traumatic encephalopathy, stark evidence of the toll repeated head impacts can take on athletes. Researchers …

4. JPMorgan, Morgan Stanley Fight Suits Over Role in Buyout Deals

   JPMorgan Chase & Co. and Morgan Stanley are among banks shareholders are suing over their roles on multibillion-dollar buyout deals after a recent corporate-law overhaul failed to protect financial advisers from potential liability. In cases against financial advisers, shareholders have …

5. King Risk Partners Expands in New York With Norton and Siegel

   King Risk Partners announced it has acquired the independent insurance agency Norton and Siegel in New York. Established in Babylon Village on the South Shore of Long Island in 1892, Norton and Siegel is a multigenerational agency offering personal and …