News Archives - Insurance Journal

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14 03, 2023

Specialist Risk Group Acquires Mid-Market Commercial Broker Consort Insurance

By | March 14th, 2023|Uncategorized|Comments Off on Specialist Risk Group Acquires Mid-Market Commercial Broker Consort Insurance

Specialist Risk Group (SRG), the London-based insurance broker, announced the acquisition of mid-market commercial broker Consort Insurance, subject to regulatory approval. Financial details of the deal were not disclosed. Based in Witham, Essex, UK, Consort is specialist broker supporting a …

14 03, 2023

Oregon Closer to Magic Mushroom Medical Therapy

By | March 14th, 2023|Uncategorized|Comments Off on Oregon Closer to Magic Mushroom Medical Therapy

Oregon was taking a major step Friday in its pioneering of legalized psilocybin therapy with the graduation of the first students trained in accompanying patients tripping on psychedelic mushrooms, although a company’s bankruptcy has left another group on the same …

14 03, 2023

Scientists: Hawaii’s Kilauea Not Erupting, Reversing Warning

By | March 14th, 2023|Uncategorized|Comments Off on Scientists: Hawaii’s Kilauea Not Erupting, Reversing Warning

Hawaii’s second–largest volcano is not erupting, scientists said in an update to a previous warning. The U.S. Geological Survey said in a statement that seismic activity beneath the summit of Kilauea “has returned to background levels, ground deformation has stabilized, …

14 03, 2023

New Mexico Lawmakers Seek Assurances Amid Prescribed Burns

By | March 14th, 2023|Uncategorized|Comments Off on New Mexico Lawmakers Seek Assurances Amid Prescribed Burns

Members of New Mexico’s congressional delegation are looking for assurances from the U.S. Forest Service that the agency is taking preventative measures to ensure that future prescribed fires don’t turn into disasters. They sent a letter this week to Forest …

14 03, 2023

Philippines Increases Efforts to Contain Oil Spill From Sunken Tanker

By | March 14th, 2023|Uncategorized|Comments Off on Philippines Increases Efforts to Contain Oil Spill From Sunken Tanker

Philippine authorities have increased efforts to contain an oil spill from a sunken fuel tanker that has affected coastal towns and was still spreading, the environment ministry said on Tuesday, as the country grapples with cleanup challenges. Improvised spill booms …

14 03, 2023

Ex-Goldman Banker Faces Insider Trading Trial After Being Cut Off by Bank’s Insurer

By | March 14th, 2023|Uncategorized|Comments Off on Ex-Goldman Banker Faces Insider Trading Trial After Being Cut Off by Bank’s Insurer

A former Goldman Sachs Group Inc. vice president who goes on trial for insider trading in June is scrambling to pay for his legal defense after he was cut off by the bank’s insurers. Brijesh Goel, who has pleaded not …

14 03, 2023

Iowa Athletics Department to Cover $4.2M Race Bias Settlement

By | March 14th, 2023|Uncategorized|Comments Off on Iowa Athletics Department to Cover $4.2M Race Bias Settlement

OWA CITY, Iowa (AP) – A race discrimination lawsuit filed against the University of Iowa by former football players will be settled using funds entirely from the school instead of having taxpayer money cover half of the $4.2 million deal, …

14 03, 2023

Juul to Pay Chicago $23M for Underage Vaping Settlement

By | March 14th, 2023|Uncategorized|Comments Off on Juul to Pay Chicago $23M for Underage Vaping Settlement

CHICAGO (AP) – Vaping company Juul Labs will pay Chicago $23.8 million to settle a lawsuit alleging the company marketed products to underage users, the city announced Friday. The Chicago Department of Public Health will use the money for youth …

14 03, 2023

People Moves: Lloyd’s Names James as COO, Taking Over From Keese Who Continues as CFO; Howden Tiger Builds Int’l Treaty Team With Appointment of Ed Broking’s Jani

By | March 14th, 2023|Uncategorized|Comments Off on People Moves: Lloyd’s Names James as COO, Taking Over From Keese Who Continues as CFO; Howden Tiger Builds Int’l Treaty Team With Appointment of Ed Broking’s Jani

This edition of International People Moves details appointments at Lloyd’s and Howden Tiger. A summary of these new hires follows here. Lloyd’s Names James as COO, Taking Over From Keese Who Will Continue as CFO Lloyd’s of London announced that …

14 03, 2023

EU Prepares for Climate Stress Test That Includes Insurers

By | March 14th, 2023|Uncategorized|Comments Off on EU Prepares for Climate Stress Test That Includes Insurers

The European Union is starting to prepare the region’s next stress test to measure the financial sector’s readiness for climate change, with the exercise set to involve the insurance industry for the first time. The European Commission last week asked …