Insurance Journal delivers the latest business news for the Property/Casualty insurance industry
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People Moves: Smith Joins Alliant as Specialty Lending Practice EVP; Braniff, Jr. Named EVP, Alliant Americas

Smith Joins Alliant Insurance Services as Specialty Lending Practice EVP Alliant Insurance Services, headquartered in Irvine, California, named Michael R. Smith as executive vice president, Alliant Specialty, in the firm’s Financial Institutions industry vertical. Smith is based in Dallas. Smith …

Mon Apr 29, 2024 20:40
Minneapolis to Pay $150K Settlement to Witness in George Floyd Murder

MINNEAPOLIS (AP) — The Minneapolis City Council has agreed to pay a $150,000 settlement to an eyewitness who tried to intervene to prevent George Floyd’s murder and who says he suffers from post-traumatic stress disorder as a result. Donald Williams, …

Mon Apr 29, 2024 19:38
Florida Governor Signs Wind-Mitigation Funding Bills for Homes, Condos

Florida’s governor has signed two bills that will provide more matching grants for homeowners and condominium associations to fortify properties against the growing threat of windstorms. Senate Bill 7028 will send an additional $200 million to the My Safe Florida …

Mon Apr 29, 2024 19:38
Williams-Sonoma Must Pay Nearly $3.2M for Violating ‘Made in USA’ Order

Home products retailer Williams-Sonoma will have to pay almost $3.2 million for violating a Federal Trade Commission “Made in USA” order. Williams-Sonoma was charged with advertising multiple products as being “Made in USA” when they were in fact manufactured in …

Mon Apr 29, 2024 18:58
Hartford Q1 Income Up 41% on Commercial Lines as Auto Results Improve

The Hartford CEO Christopher Swift told analysts late last week that the insurer’s first quarter results included “progress toward restoring targeted profitability in auto” as it turned in an improved combined ratio for the quarter of 103.9 in the line …

Mon Apr 29, 2024 17:58
Liberty Co. Names Allen, Hayes to Leadership Positions

The Liberty Co., a rapidly expanding insurance brokerage based in Gainesville, Florida, has named two insurance industry veterans to executive positions. Bill Allen, who was previously executive vice president at Hays Companies, now part of the large Brown & Brown …

Mon Apr 29, 2024 17:58

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