Insurance Journal
A Louisiana manufacturing and distribution company was sued last week for age discrimination after it allegedly fired an employee because of her age. A lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC) charged that J&M Indu...
Posted: Apr 03, 2023
AXIS Appoints Watt as Chief Claims Officer AXIS Capital Holdings Limited has hired Megan Watt as chief claims officer, effective April 17. Watt will be responsible for the overall management and direction of the claims department across the company&#...
Posted: Apr 03, 2023
T C Wheelers, Inc., which operates T.C. Wheelers Bar & Pizzeria in Tonawanda, New York, violated federal law when management and employees harassed an employee because of his gender identity, the Equal Employment Opportunity Commission (EEOC) has...
Posted: Apr 03, 2023
Attorneys for several insurance companies are appealing a federal judge’s decision to uphold the confirmation of a $2.4 billion bankruptcy reorganization plan for the Boy Scouts of America. In an emergency motion filed Friday, attorneys for non...
Posted: Apr 03, 2023
A Seattle, Washington-area megachurch that counts celebrities such as Russell Wilson and Justin Bieber among its thousands of members has been accused in a lawsuit of requiring employees to donate some of their earnings back to the religious organiza...
Posted: Apr 03, 2023
Snowcapped mountains in the Southwestern U.S. signal a possible delayed start to the wildfire season for some higher elevations, but officials in New Mexico and Arizona warned that dry, windy conditions in other areas are increasing wildfire risks an...
Posted: Apr 03, 2023
A Massachusetts woman has pleaded guilty to accepting money in exchange for agreeing to issue passing learner’s permit test scores to applicants regardless of whether they actually passed. U.S. Attorney Rachael S. Rollins reported that Mia Cox-...
Posted: Apr 03, 2023
Specialist insurer Beazley has announced a refreshed Primary U.S. Public D&O wording, available both in the London Market and on a Surplus Lines basis in the U.S. Beazley said it has taken the step to simplify their wording, which includes …...
Posted: Apr 03, 2023
Chubb Limited announced that Frances O’Brien has been appointed executive vice president, Chubb Group, and chief risk officer, effective April 1. O’Brien was senior vice president, Chubb Group, and deputy chief risk officer, a position sh...
Posted: Apr 03, 2023
Pen Underwriting, the London-based managing general agent and Arthur J. Gallagher subsidiary, announced it has acquired Tay River Holdings Ltd., which include its wholly owned marine specialist subsidiaries Vessel Protect, Trafalgar Marine Trades and...
Posted: Apr 03, 2023
Nine people died in Tennessee’s McNairy County, east of Memphis, in the same deadly storm system that pounded parts of Arkansas and Illinois, according to Patrick Sheehan, director the Tennessee Emergency Management Agency. “The majority...
Posted: Apr 03, 2023
Three current and former former executives of a shipbuilder that constructs vessels for the U.S. Navy have been indicted on accounting fraud charges accusing them of falsely inflating the company’s reported earnings, federal prosecutors said. C...
Posted: Apr 03, 2023
The city of Buffalo has filed suit against Kia and Hyundai seeking to hold the carmakers responsible for the rash of auto thefts caused by their alleged failure to include industry-standard anti-theft technology. Buffalo looks to join Cleveland, Cinc...
Posted: Apr 03, 2023
Australian contractor Downer said on Monday it faces a shareholder class action for allegedly making some misrepresentations and withholding certain information about a maintenance contract in its domestic utilities business. Downer is currently unde...
Posted: Apr 03, 2023
This edition of International People Moves details appointments at Chubb, the MGA Pen Underwriting and loss adjuster McLarens. A summary of these new hires follows here. Chubb Names Chasseguet as Country President for France Chubb announced the appoi...
Posted: Apr 03, 2023
The Net Zero Asset Owner Alliance (NZAOA) said on Wednesday [March 29] it expects members to make no new direct investments in upstream oil and gas infrastructure projects for new fields, as part of efforts to rein in global warming. …
Posted: Apr 03, 2023
AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a+” (Excellent) and affirmed the Financial Strength Rating (FSR) of A (Excellent) of MS Amlin AG (Switzerland). The outlook of...
Posted: Apr 03, 2023
A United Nations agency that oversees shipping raised concerns about the shadow fleet of tankers that has emerged to transport oil amid sanctions, calling for more steps to boost safety. States that become aware of ships going dark — or …
Posted: Apr 03, 2023
Munich Re is leaving an alliance of leading insurers that have committed to reduce emissions due to what it says are “material” legal risks, in a move that marks the latest blow to a coalition built by former Bank of …
Posted: Apr 03, 2023
Ever since Fox News was hit with a $1.6 billion defamation lawsuit over reports falsely accusing a voting-machine company of rigging the 2020 presidential election, the conservative network has invoked the broad protections of the First Amendment in...
Posted: Apr 03, 2023
A Johnson & Johnson company cannot delay a court order dismissing its bankruptcy, a U.S. court said on Friday, despite the company’s planned Supreme Court appeal to use bankruptcy to resolve tens of thousands of lawsuits over its talc produ...
Posted: Apr 03, 2023
Elon Musk asked a U.S. judge on Friday to throw out a $258 billion racketeering lawsuit accusing him of running a pyramid scheme to support the cryptocurrency Dogecoin. In an evening filing in Manhattan federal court, lawyers for Musk and …
Posted: Apr 03, 2023
Elon Musk asked a U.S. judge on Friday to throw out a $258 billion racketeering lawsuit accusing him of running a pyramid scheme to support the cryptocurrency Dogecoin. In an evening filing in Manhattan federal court, lawyers for Musk and …
Posted: Apr 03, 2023
LINCOLN, Neb. (AP) – A former high school journalist and the Nebraska High School Press Association sued Friday over a school district’s shutdown of the school newspaper after it published an LGBTQ-focused edition. The federal lawsuit cla...
Posted: Apr 03, 2023
WYNNE, Ark. (AP) – With tornadoes hitting the Midwest and the South this weekend, some survivors said they emerged from their homes to find buildings ripped apart, vehicles tossed around like toys, shattered glass and felled trees. J.W. Spencer...
Posted: Apr 03, 2023