Insurance Journal
The Ardonagh Group announced it has agreed to acquire Klap Verzekeringsmakelaar, a specialist commercial lines insurance broker based in The Netherlands, from family office, Nedvest. Financial details of the deal were not disclosed. Under the leaders...
Posted: Apr 11, 2023
Transportation regulators entered into a federal order with a carbon dioxide pipeline company three years after its pipeline ruptured in a lower Mississippi Delta town, prompting the evacuation of hundreds and sending dozens of people to the hospital...
Posted: Apr 11, 2023
A fire broke out at a Massachusetts church not long after Easter services, with more than 100 firefighters working to save the 114-year-old structure. The fire started at about 5:30 p.m. Sunday at the Faith Lutheran Church in Cambridge. Firefighters...
Posted: Apr 11, 2023
A federal appeals panel has affirmed $2.5 million in penalties against Appalachian coal mines owned by West Virginia Gov. Jim Justice over claims they violated a settlement meant to prevent pollution. A three-judge panel of the 4th U.S. Circuit Court...
Posted: Apr 11, 2023
A US Commerce Department agency is opening an inquiry into how companies and regulators can ensure that artificial intelligence systems are trustworthy, legal and ethical. The probe by the National Telecommunications and Information Administration wi...
Posted: Apr 11, 2023
KPMG LLP was sued as Silicon Valley Bank’s auditor, along with underwriters including Goldman Sachs Group Inc., Bank of America Corp. and Morgan Stanley & Co. in an investor lawsuit based on alleged misstatements leading to the bank’s...
Posted: Apr 11, 2023
When Ashoke and Vinita Rampuria’s son returned home after taking a year off from college, to complete his course work, he didn’t seem like himself. “He was unable to complete tasks. He was lying on the sofa,” said Ashoke Rampu...
Posted: Apr 11, 2023
Maryland lawmakers have passed a bill to end the state’s statute limiting when civil lawsuits over child sex abuse can be filed against public and private entities. Under the Child Victims Act of 2023, actions for damages arising out of …
Posted: Apr 11, 2023
Western Australia could be hit by the largest cyclone in almost a decade this week, with the weather system predicted to cross the coast near a major export port for iron ore that’s to be cleared of vessels. Tropical Cyclone …
Posted: Apr 11, 2023
The owner of a Massachusetts driving school has pleaded guilty to bribing a road test examiner to issue driver’s licenses to individuals who did not pass, or even take road tests at the Registry of Motor Vehicles (RMV) in Brockton. …
Posted: Apr 11, 2023
The Confederation of British Industry said on Tuesday it had fired Tony Danker as director general after an investigation into complaints of workplace misconduct and replaced him with former chief economist Rain Newton-Smith. “The allegations t...
Posted: Apr 11, 2023
Fox News said on Sunday it has reached a settlement with a Venezuelan businessman Majed Khalil, ending a defamation case in which Khalil said he was falsely accused on air of helping to rig the 2020 U.S. presidential election against …
Posted: Apr 11, 2023
The UK’s Financial Conduct Authority hired more than 150 people into its Data, Technology and Innovation division in the past year as the regulator looks to ramp up its tech capabilities. The hires are part of FCA’s attempts to use …...
Posted: Apr 11, 2023
Travelers Names Duncan President of Northfield Excess & Surplus Travelers has named Marsh Duncan its new president of Northfield Excess & Surplus, a specialty division. Marsh will oversee Northfield’s current business while identifying...
Posted: Apr 11, 2023
A growing number of state legislatures are considering bans on cosmetics and other consumer products that contain a group of synthetic, potentially harmful chemicals known as PFAS. In Vermont, the state Senate gave final approval this week to legisla...
Posted: Apr 11, 2023
Johnson & Johnson’s renewed effort to resolve talc lawsuits through an $8.9 billion bankruptcy settlement must be dismissed as a “fraudulent scheme” that defies a court order rejecting the company’s previous attempt to set...
Posted: Apr 11, 2023
Construction is underway to build a new multifamily apartment community providing workforce housing in downtown Jacksonville. The Lofts at Cathedral at 325 and 327 E. Duval St., will include a total of 120 apartments. The project calls for the renova...
Posted: Apr 11, 2023
The threat of wildfires is growing in Florida over the coming weeks as more than half the state is experiencing severe to extreme drought conditions likely to persist until rainy season resumes around mid-May, state and federal officials said Thursda...
Posted: Apr 11, 2023
Formerly licensed insurance agent Gregory Magedman, 77, of Fullerton, California, appeared in court on one felony count of grand theft by embezzlement after allegedly failing to give an insurance payment to a carrier. Records indicate there may be ad...
Posted: Apr 11, 2023
More than 100 firefighters worked against a ticking clock to extinguish flames deep within debris to save up to 10 people possibly buried after a building exploded and collapsed early Sunday in the French port city of Marseille. Interior Minister ...
Posted: Apr 10, 2023
Unjustified use of force, dangerous vehicle pursuits and racially biased policing continue to be problems for the New Orleans Police Department, the U.S. Justice Department said in a Friday court filing, opposing the city’s move to terminate a...
Posted: Apr 10, 2023
Nexus Underwriting announced that it has completed the acquisition of a majority stake in Spectrum Risk Management, a specialist MGA headquartered in Dubai that focuses on marine and property insurance and reinsurance. This is the 16th acquisition fo...
Posted: Apr 10, 2023
While working the overnight sanitation shift at an Ohio food processing plant, a 29-year-old temporary worker – on the job just nine months – suffered critical injuries after falling into an industrial blender he was cleaning and became caught in ...
Posted: Apr 10, 2023
DETROIT (AP) – About a dozen people were hurt in an apartment building fire early Friday morning on Detroit’s west side. Twenty people were displaced and 11 people suffered injuries including smoke inhalation, bumps and bruises, Fire Chie...
Posted: Apr 10, 2023
TOPEKA, Kan. (AP) – A proposal designed to thwart investing that considers environmental, social and governance factors has cleared the Kansas Legislature, but divisions within its GOP majorities kept the measure from being as strong as some co...
Posted: Apr 10, 2023