Insurance Journal
This edition of International People Moves details appointments at Generali Global Corporate & Commercial and Ryan Specialty. A summary of these new hires follows here. Generali Global Corporate & Commercial Appoints Key Leaders in Mediterran...
Posted: Dec 09, 2024
This edition of International People Moves details appointments at Generali Global Corporate & Commercial and Ryan Financial Lines. A summary of these new hires follows here. Generali Global Corporate & Commercial Appoints Key Leaders in Medi...
Posted: Dec 09, 2024
In the old ranchlands of South Texas, dormant uranium mines are coming back online. A collection of new ones hope to start production soon, extracting radioactive fuel from the region’s shallow aquifers. Many more may follow. These mines are th...
Posted: Dec 09, 2024
U.S. Department of Labor inspectors found a Cleveland, Ohio bakeware manufacturer failed to prevent two workers from suffering injuries that resulted in amputations, incidents that could have been avoided with proper safety measures. The department&#...
Posted: Dec 09, 2024
Private equity-backed snack producer Hearthside Food Solutions has agreed to pay $4.5 million to end an investigation by Illinois authorities into allegations the business used child labor at facilities in the state. Hearthside, which filed for bankr...
Posted: Dec 09, 2024
The Bank of England will hide the identities of any pension funds, insurers or hedge funds bailed out under a new financial stability tool to prevent a wider crisis engulfing the economy, Deputy Governor Dave Ramsden said. The BOE has …
Posted: Dec 09, 2024
NEW ORLEANS (AP) — Some of the elderly residents of seven Louisiana nursing homes who were sent in 2021 to ride out Hurricane Ida in a crowded, ill-equipped warehouse are being offered shares of a nearly $9 million settlement after …
Posted: Dec 09, 2024
The Connecticut Appellate Court on Friday affirmed a $965 million verdict from 2022 against conspiracy theorist Alex Jones, determining there’s “sufficient evidence” to support the damages awarded to relatives of the Sandy Hook Elem...
Posted: Dec 09, 2024
The U.S. auto safety regulator said on Monday it has closed a preliminary evaluation into 7,745 Fisker Ocean SUVs over failure to shift vehicles into the park gear, after the electric-vehicle startup issued recalls and released a software update. Ear...
Posted: Dec 09, 2024
A North Carolina elementary school principal and a Cape Hatteras man were arrested last week and charged with insurance fraud after authorities said they attempted to make false claims to their insurance companies. Robert Grayson Dail, 35, of Gibsonv...
Posted: Dec 09, 2024
New Mexico environmental regulators have issued a $47.8 million fine on allegations of excess air pollution at a natural gas processing facility in a prolific oil production region near the Texas state line. The state Environment Department issued th...
Posted: Dec 09, 2024
An increase in the number of earthquakes under a volcano near Alaska’s largest city this year has geologists paying attention. Mount Spurr, about 80 miles northwest of Anchorage, last erupted in 1992, spewing an ash cloud nearly 12 miles into &...
Posted: Dec 09, 2024
(AP) — The president of Atlanta-based Tyler Perry Studios died Friday night when the small plane he was piloting crashed on Florida’s Gulf Coast. The studio confirmed on Saturday that Steve Mensch, its 62-year-old president and general manager,...
Posted: Dec 09, 2024
ORLANDO, Fla. (AP) — The parents of a 14-year-old Missouri boy who fell to his death from an Orlando amusement park ride in 2022 have won a $310 million verdict against the attraction’s Austrian builder. Late Thursday, the Orange County …
Posted: Dec 09, 2024
Arthur J. Gallagher this morning said it has entered into an agreement to acquire AssuredPartners for $13.45 billion cash to expand its reach in the U.S. middle-market property/casualty and employee benefits space. “We have held in high regard...
Posted: Dec 09, 2024
Japanese utility Tokyo Electric Power Co. said it removed nuclear fuel debris left inside a reactor in a demonstration at its Fukushima power plant, 13 years after a meltdown. Radioactive debris was removed from unit 2 at Fukushima Dai-ichi Nuclear &...
Posted: Dec 09, 2024
This year is “effectively certain” to be the warmest on record with temperatures climbing above a closely watched threshold for the first time. The average global temperature reached 1.62C above pre-industrial levels in November, accordin...
Posted: Dec 09, 2024
A former Allianz SE hedge-fund manager avoided prison and will instead spend 18 months in home confinement for fraudulently inflating the value of funds that ultimately collapsed, resulting in $3.2 billion in investor losses. Gregoire Tournant, the f...
Posted: Dec 09, 2024
Allianz SE has temporarily halted talks with Amundi SA over combining its Allianz Global Investors asset management arm with the French company. The two sides were unable to agree on a deal structure, including control of the combined entity, accordi...
Posted: Dec 09, 2024
The Consumer Financial Protection Bureau said it’s claiming supervisory authority over Google Payment Corp., as the agency extends its oversight of nonbank financial platforms. The unit of Alphabet Inc. promptly filed a lawsuit to fight the mov...
Posted: Dec 09, 2024
The U.S. issued a federal order on Friday mandating that the national milk supply be tested for bird flu, Agriculture Secretary Tom Vilsack told Reuters, as authorities seek to grapple with rapid spread of the virus among dairy herds. Bird …
Posted: Dec 09, 2024
U.S. judge on Friday said Southwest Airlines must face a lawsuit by a prominent affirmative action opponent claiming a now-defunct program that awarded free flights to Hispanic college students was racially discriminatory. U.S. District Judge Sidney...
Posted: Dec 09, 2024
When hurricanes hit coastal areas, property insurers often breathe a sigh of relief when much of the damage appears to be the result of storm surge and flooding – losses that aren’t covered by most homeowners’ policies. But after Hurrican...
Posted: Dec 09, 2024
Medical device maker Insulet convinced a jury that Korean rival EOFlow owes it $452 million in damages for stealing trade secrets related to insulin pumps, according to a verdict made public in Massachusetts federal court on Thursday. The jury in ...
Posted: Dec 09, 2024
Medical device maker Insulet convinced a jury that Korean rival EOFlow owes it $452 million in damages for stealing trade secrets related to insulin pumps, according to a verdict made public in Massachusetts federal court on Thursday. The jury in ...
Posted: Dec 09, 2024