Just as quickly as the bird flu is spreading, the virus is changing. Nearly three years ago, a flock of pheasants in Erath County became the first case of the bird flu in Texas. Since then, the bird flu has …
Texas Dairy, Poultry Producers Grapple With Bird Flu Read More »
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of the members of RLI Group (RLI). In addition, …
AM Best Revises Outlook to Positive for RLI Read More »
Aon reported net income attributable to shareholders of $716 million during the fourth quarter, a 44% increase from the $498 million reported in Q4 2023. For full-year 2024, net income attributable to shareholders increased to $2.7 billion, or $12.49 per …
Aon Reports Organic Growth of 6% for 4th Quarter and Full-Year 2024 Read More »
Lawyers representing victims of a deadly Hawaii wildfire reached a last-minute deal averting a trial that was scheduled to begin Wednesday over how to split a $4 billion settlement. The agreement means victims and survivors will not have to testify, …
Hawaii Wildfire Victims Spared From Testifying After Deal Over $4B Settlement Read More »
Howden, one of the world’s largest closely held insurance brokers, is in talks to acquire Risk Strategies, according to people with knowledge of the matter. The talks to acquire Risk Strategies, which is ultimately backed by private equity firm Kelso …
Howden Said in Talks to Buy Insurance Broker Risk Strategies Read More »
The top 10 most well-read international stories for 2024 covered a diverse range of topics, including nuclear verdicts, Taylor Swift’s concert cancellations, and the return of stability of the reinsurance market. Two articles focused on the Baltimore Bridge collapse. We’ve …
Top International Insurance Journal Stories of 2024 Read More »
South Korea’s acting President Choi Sang-mok on Monday ordered an emergency safety inspection of the country’s entire airline operation as investigators worked to identify victims and find out what caused the deadliest air disaster on South Korean soil. All 175 …
South Korea Orders Airline Safety Probe After Worst Domestic Crash Kills 179 Read More »
Arthur J. Gallagher & Co. announced the acquisition of Tustin, California-based Murray Gardner Insurance Agency Inc., dba BMR Insurance. Terms of the transaction were not disclosed. BMR Insurance is a retail insurance agency serving commercial and personal lines clients primarily …
Arthur J. Gallagher & Co. Acquires California’s BMR Insurance Read More »
PORTLAND, Ore. (AP) — An Oregon house cat died after eating pet food that tested positive for bird flu, Oregon authorities said, prompting a recall of raw frozen pet food that was sold nationwide. Northwest Naturals, a pet food company …
Oregon House Cat Died From Pet Food That Tested Positive for Bird Flu Read More »
The three largest insurers brokers each announced or closed multi-billion-dollar acquisitions in 2024. The topic was one of many in which readers of Insurance Journal kept a close eye. Difficulties in the personal auto insurance line of business gave way …
Top National Insurance Journal Stories of 2024 Read More »
