News Archives - Insurance Journal

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17 11, 2023

Tankers, Newly Sanctioned by US, Supplied Russian Oil to India

By | November 17th, 2023|Uncategorized|Comments Off on Tankers, Newly Sanctioned by US, Supplied Russian Oil to India

Three oil tankers, newly sanctioned by Washington, regularly shipped Sokol crude from Russia’s Far East to Indian Oil Corp, the country’s top refiner, in recent months, according to shiptracking data from LSEG, Kpler and trade sources. The U.S. on Thursday …

17 11, 2023

NBJ London Markets Rebranded as Verlingue London Markets; New Senior Execs Hired

By | November 17th, 2023|Uncategorized|Comments Off on NBJ London Markets Rebranded as Verlingue London Markets; New Senior Execs Hired

Verlingue has launched Verlingue London Markets following the rebranding of specialist Lloyd’s and London market wholesale broker NBJ London Markets. The business also has made a number of senior hires to expand its access to markets and expertise for its …

17 11, 2023

Hyundai, Kia Must Face Insurers’ Lawsuits Over Vehicle Thefts

By | November 17th, 2023|Uncategorized|Comments Off on Hyundai, Kia Must Face Insurers’ Lawsuits Over Vehicle Thefts

A U.S. judge rejected bids by Hyundai and Kia to dismiss litigation by several hundred insurers seeking to recoup more than $1 billion they claim to owe drivers whose vehicles were stolen or damaged in a social media-inspired theft spree. …

17 11, 2023

J&J Settles First Talc Cases to Go to Trial After Failed Bankruptcies

By | November 17th, 2023|Uncategorized|Comments Off on J&J Settles First Talc Cases to Go to Trial After Failed Bankruptcies

Johnson & Johnson on Thursday said it has settled two lawsuits claiming its talc products caused cancer, the first such cases to go to trial since a federal court rejected the company’s plan to move its talc liabilities into bankruptcy …

17 11, 2023

Mississippi Loosens Burn Ban After More Rain and Fewer Wildfires

By | November 17th, 2023|Uncategorized|Comments Off on Mississippi Loosens Burn Ban After More Rain and Fewer Wildfires

JACKSON, Miss. (AP) — Recent rain has helped improve drought conditions enough for Mississippi Gov. Tate Reeves to partially lift a statewide burn ban. Reeves, the Mississippi Forestry Commission and the Mississippi Emergency Management Agency said the burn ban will …

17 11, 2023

People Moves: Joshu in California Names Burkhart VP of Growth

By | November 17th, 2023|Uncategorized|Comments Off on People Moves: Joshu in California Names Burkhart VP of Growth

Joshu, headquartered in Menlo Park, Calif., has named Mark Burkhart as vice president of growth. Before coming to Joshu, Burkhart managed relationships at Decision Research Corporation and was a segment lead within the specialty division at Berkley Tec...

17 11, 2023

In Pennsylvania, Workers’ Compensation Now Pays for CBD Oil Treatment

By | November 17th, 2023|Uncategorized|Comments Off on In Pennsylvania, Workers’ Compensation Now Pays for CBD Oil Treatment

Eight months after it ruled that medical marijuana is covered under workers’ compensation, a Pennsylvania appeals court has concluded that an injured worker’s cost of CBD oil is also reimbursable. A Commonwealth Court has found that CBD oil qualifies under …

17 11, 2023

Two More Former NBA Players Convicted ot Defrauding Players’ Health Plan

By | November 17th, 2023|Uncategorized|Comments Off on Two More Former NBA Players Convicted ot Defrauding Players’ Health Plan

Former Boston Celtics forward Glen “Big Baby” Davis and ex- Piston Will Bynum were convicted by a New York jury on Wednesday in a scheme that prosecutors say defrauded an insurance plan for NBA players and their families of more …

17 11, 2023

OSHA Faults Pharmaceutical Manufacturer in Massachusetts Plant’s Fatal Explosion

By | November 17th, 2023|Uncategorized|Comments Off on OSHA Faults Pharmaceutical Manufacturer in Massachusetts Plant’s Fatal Explosion

A Newburyport, Massachusetts pharmaceutical and chemical manufacturer and its parent company could have prevented an employee’s death from an explosion but lacked the required safeguards in a chemical manufacturing process, an Occupational Safety and Health Administration investigation found. OSHA’s investigation …

17 11, 2023

Fatalities From Maui Wildfire Reach 100 After Death of Woman

By | November 17th, 2023|Uncategorized|Comments Off on Fatalities From Maui Wildfire Reach 100 After Death of Woman

The death toll from the wildfire that devastated the historic Maui town of Lahaina last summer has risen to 100 after a 78-year-old woman injured in the disaster died last month, officials said. The victim was among those who had …