Insurance Journal delivers the latest business news for the Property/Casualty insurance industry
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Florida’s HCI Group Reports Another Healthy Quarter

TAMPA, Fla. (AP) — HCI Group Inc. (HCI) on Wednesday reported first-quarter profit of $47.6 million, which follows a $38 million profit for Q4 2023. The Tampa-based company said it had profit of $3.81 per share. Earnings, adjusted for non-recurring …

Fri May 10, 2024 16:50
UKMTO Reports Hijacking Attempt of Vessel East of Yemen’s Aden

The United Kingdom Maritime Trade Operations (UKMTO) organization said on Friday it had received a report of a failed hijacking attempt of a vessel 195 nautical miles east of Yemen’s Aden. The vessel’s master reported being approached by a small …

Fri May 10, 2024 16:50
People Moves: Aon Names Allen as Executive Managing Director of Capital Advisory; BMS Re Hires 6 for MGA Business ProLink Solutions

This edition of International People Moves details appointments at Aon’s Capital Advisory function and BMS Re. A summary of these new hires follows here. Aon Names Allen as Executive Managing Director of Capital Advisory Insurance broker Aon plc announced that …

Fri May 10, 2024 16:50
Body of Last Missing Construction Worker Recovered from Baltimore Bridge Site

The body of the last missing construction worker killed in the collapse of Baltimore’s Francis Scott Key Bridge in March has been recovered, officials announced Tuesday as demolition crews prepared to use explosives in the ongoing cleanup effort. Officials said …

Fri May 10, 2024 15:49
New York City Jail Guard Suffers Burns When Body Camera Ignites

A captain in New York City’s Department of Correction suffered burns and smoke inhalation when her body camera suddenly caught fire, prompting the department to stop using the equipment pending an investigation. The captain was on duty at the Rikers …

Fri May 10, 2024 14:50
Markets/Coverages: Mosaic Launches Suite of Professional Liability Products for Specialist Engineers

Mosaic Insurance, the Bermuda-based specialty insurer, has launched a suite of professional liability products for specialist engineers, offering $15 million in targeted primary coverage for unique risks. The new form offers a dedicated product, with core coverage of professional liability, …

Fri May 10, 2024 14:50

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