Risk Management

News – Insurance Journal Insurance Journal delivers the latest business news for the Property/Casualty insurance industry

  • California Insurance Commissioner Lays Out Priorities for CPCU Crowd
    by Don Jergler on October 21, 2021 at 8:27 pm

    Access to affordable healthcare for all, ensuring greater diversity in the insurance industry, and finding more creative solutions to deal with climate change risk were the priorities laid out by California Insurance Commissioner Ricardo Lara on Thursday. Lara was discussing …

  • California Releases Climate Draft Plan, Axis Accelerates Retreat from Coal
    by Don Jergler on October 21, 2021 at 6:08 pm

    Insurer Axis Capital Holdings Ltd. announced new a policy restricting insurance and investments in coal, tar sands oil, and Arctic oil and gas. Axis committed to stop insuring any company developing coal infrastructure and phase out all coal business. Axis …

  • Chemical Giant to Pay $50M-Plus to Resolve Air Pollution Concerns in Texas, Iowa
    on October 21, 2021 at 4:54 pm

    Federal officials say three U.S. subsidiaries of Dutch chemical giant LyondellBasell Industries N.V. (Lyondell) have agreed to make upgrades and perform compliance measures estimated to cost $50 million to resolve allegations they violated the Clean Air Act and state air …

  • Former Wisconsin Insurance Agent Fined $27K with Fraud
    on October 21, 2021 at 4:17 pm

    The Wisconsin Office of the Commissioner of Insurance (OCI) has charged former insurance agent Richard Freeland with a number of violations of insurance law related to the sale of an unsuitable life insurance policy and annuity to a retired consumer. …

  • Indiana Man Sues After Alleging Police Knelt on Him
    on October 21, 2021 at 4:06 pm

    A Gary man is suing northwest Indiana police more than a year after he alleged that officers sprayed him with pepper spray and knelt on him when they encountered him near a protest over George Floyd’s death. Randall Smith’s lawsuit, …