Insurance Journal
A former Swiss Re underwriter has been awarded nearly 1.3 million pounds ($1.6 million) by a London employment tribunal for sexual discrimination and unfair dismissal. Julia Sommer joined Zurich-based Swiss Re in 2017 as a political risk underwriter...
Posted: Aug 25, 2023
Global broking business, Brokerslink, has added sports, music and entertainment contingency broker 1783 Group to its network. The new specialist affiliate operates in the world of sports, music, film and TV, and other esoteric risks. Striving to make...
Posted: Aug 25, 2023
Sagging ears just short of maturity, cobs half bare of kernels as if nibbled, earth so dry that deep cracks criss-cross the fields: The US corn harvest is in trouble. The signs were already there in South Dakota. Scouts surveying …
Posted: Aug 25, 2023
The county of Maui, Hawaii, on Thursday sued Hawaiian Electric HE.N accusing the power company of acting negligently by failing to shut down its equipment despite warnings hurricane winds could knock power lines down, sparking wildfires. The county s...
Posted: Aug 25, 2023
A record 321,000 visas were issued for migrants to work in the UK in the year to June as employers scrambled to recruit from overseas amid ongoing labor shortages, according to official figures. The Home Office data showed how reliant …
Posted: Aug 25, 2023
China’s securities regulator met with representatives from top Western asset managers on Friday to reassure them about the country’s economic prospects, as its post-COVID recovery falters, two people with knowledge of the matter told Reut...
Posted: Aug 25, 2023
Pennsylvania`s Supreme Court ruled Tuesday that the state police can`t hide from the public its policy on how it monitors social media. Advocates for civil liberties cheered the decision. The law enforcement agency had argued that fully disclosing it...
Posted: Aug 25, 2023
Axis Launches North American Inland Marine Unit Led by Hunter Kristen Hunter joined AXIS Capital Holdings Limited, headquartered in Pembroke, Bermuda, as head of newly launched inland marine, North America. Previously, Hunter worked at Berkshire Hath...
Posted: Aug 25, 2023
Members of a beloved Vermont acting company were sleeping in theater housing when torrential rains and flooding forced them to flee, with water inundating the playhouse’s vast basement of dressing rooms, costumes and props and reaching into the...
Posted: Aug 25, 2023
Members of a beloved Vermont acting company were sleeping in theater housing when torrential rains and flooding forced them to flee, with water inundating the playhouse’s vast basement of dressing rooms, costumes and props and reaching into the...
Posted: Aug 25, 2023
CHARLESTON, W.Va. (AP) — A second lawsuit that alleged widespread sexual, physical and mental abuse at a now-closed West Virginia boarding school for troubled youths has been settled for about $50 million, to be paid by insurance carriers. Atto...
Posted: Aug 25, 2023
Business lobbyists are struggling to soften new US Securities and Exchange Commission rules that require publicly traded companies to quickly disclose cybersecurity breaches. The Justice Department is planning to issue guidance by December on how fir...
Posted: Aug 25, 2023
A group of Tesla Inc. investors stands to recover an average of about $12,000 a head for losses they incurred from Elon Musk’s famous 2018 tweet that he had “funding secured” to take the carmaker private at $420 a share …
Posted: Aug 25, 2023
Japan began pumping more than a million metric tons of treated radioactive water from the destroyed Fukushima Daiichi nuclear power plant on Thursday, a process that will take decades to complete. The water was distilled after being contaminated from...
Posted: Aug 25, 2023
At 9 p.m. on Sept. 22 last year, a group of City of London police officers waited outside room M15 at the Travelodge Bicester, a one-star budget hotel in Oxfordshire, England, for the right moment to bust in. On the …
Posted: Aug 25, 2023
Another trading house has been stung after buying a cargo supposedly containing nickel that turned out to be full of near-worthless rubble. The latest example, detailed in lawsuits in London and Singapore, is separate from the $600 million alleged fr...
Posted: Aug 25, 2023
BATON ROUGE, La. (AP) – Hundreds of wildfires are burning in Louisiana, as triple-digit temperatures continue to scorch parts of the state amid little chance of relief because of the lack of rain in the forecast. While many of the …
Posted: Aug 25, 2023
Two founders of Tornado Cash, a cryptocurrency mixing service that has been under scrutiny by various US agencies for more than a year, were charged with helping launder more than $1 billion for clients that included a North Korean cybercrime …
Posted: Aug 25, 2023
The U.S. Justice Department sued Elon Musk-owned rocket and satellite company SpaceX on Thursday for allegedly discriminating against asylum seekers and refugees in hiring. “The lawsuit alleges that, from at least September 2018 to May 2022, Sp...
Posted: Aug 25, 2023
DETROIT (AP) – The Michigan Court of Appeals has upheld a decision striking down state water rules designed to limit exposure to household and industrial chemicals known as PFAS, which are commonly referred to as forever chemicals. The rules, however...
Posted: Aug 25, 2023
Residents of Southeastern states like Florida will be looking ahead to the heart of hurricane season with trepidation. With climate change bringing storms that are wetter, slower and more prone to intensifying rapidly, insurers are struggling to asse...
Posted: Aug 25, 2023
One person was critically injured and four others were hurt when a wooden wall at a home under construction in Massachusetts collapsed on them Wednesday morning, authorities said. The construction workers were trapped in the collapse in Bedford at ab...
Posted: Aug 25, 2023
Drugstore chain Rite Aid has agreed to implement a program to better protect employees, including front-end customer service staff, against hazards related to bloodborne pathogens at all its approximately 370 stores in New Jersey and New York. The ag...
Posted: Aug 25, 2023
Drugstore chain Rite Aid has agreed to implement a program to better protect employees, including front-end customer service staff, against hazards related to bloodborne pathogens at all its approximately 370 stores in New Jersey and New York. The ag...
Posted: Aug 25, 2023
A French company that has been blamed for contaminating drinking water in some New Hampshire communities with a group of chemicals known as PFAS said Wednesday it plans to close its plant there and will work with the state on …
Posted: Aug 25, 2023