News Archives - Insurance Journal

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15 02, 2023

German Court Dismisses Greenpeace-Led Climate Case Against VW; Plaintiffs to Appeal

By | February 15th, 2023|Uncategorized|Comments Off on German Court Dismisses Greenpeace-Led Climate Case Against VW; Plaintiffs to Appeal

A regional court in Germany has dismissed a case led by Greenpeace against Volkswagen calling on the carmaker to tighten its carbon emissions targets, the company and the climate group said in separate statements on Tuesday. The three plaintiffs – …

15 02, 2023

AXIS Capital Commits to Greenhouse Gas Reduction Goals

By | February 15th, 2023|Uncategorized|Comments Off on AXIS Capital Commits to Greenhouse Gas Reduction Goals

AXIS Capital Holdings Ltd. announced its commitment to a 50% absolute reduction of Scope 1 and 2 greenhouse gas (GHG) emissions by 2030 across its global operations. The action is the company’s latest step in its ambition to transition to …

15 02, 2023

Markets/Coverages: Brit Renews and Expands Flagship Cyber Consortium

By | February 15th, 2023|Uncategorized|Comments Off on Markets/Coverages: Brit Renews and Expands Flagship Cyber Consortium

Brit Ltd. announced the renewal and planned expansion of its leading cyber consortium, Brit Cyber Attack Plus (BCAP), a cyber product designed to protect clients from the impact of physical damage arising from cyber-attacks. BCAP offers limits of up to …

15 02, 2023

Caribbean Risk Group Launches in London, Partners With Lloyd’s Broker Ramon Int’l

By | February 15th, 2023|Uncategorized|Comments Off on Caribbean Risk Group Launches in London, Partners With Lloyd’s Broker Ramon Int’l

Caribbean Risk Group LLC. (CRG), the U.S. Virgin Islands-based insurance agency, announced the launch of its London operations, CRG International Ltd. The brokerage in London will act as an appointed representative of Lloyd’s broker Ramon International Insurance Brokers Ltd. CRG’s …

15 02, 2023

RiverStone Completes Reinsurance-to-Close with MS Amlin, Largest in Lloyd’s History

By | February 15th, 2023|Uncategorized|Comments Off on RiverStone Completes Reinsurance-to-Close with MS Amlin, Largest in Lloyd’s History

RiverStone International, a leading acquirer and reinsurer of legacy and discontinued insurance business, has completed an agreement with MS Amlin Underwriting Ltd. to provide MS Amlin Syndicate 2001 with a reinsurance-to-close (RITC) of the 2018 and prior years of account. …

15 02, 2023

Doctor Headed to Prison After Extensive Hospice Fraud in Mississippi

By | February 15th, 2023|Uncategorized|Comments Off on Doctor Headed to Prison After Extensive Hospice Fraud in Mississippi

A Mississippi physician has been sentenced to five years in prison for healthcare fraud connected to hospice operations in the state’s impoverished Delta region. Federal prosecutors said Dr. Scott E. Nelson, 58, of Cleveland, Mississippi, was medical director for several …

15 02, 2023

BriteCo Launches Independent Agent Program

By | February 15th, 2023|Uncategorized|Comments Off on BriteCo Launches Independent Agent Program

BriteCo jewelry insurance today launched its new Agent Program, which will enable independent insurance agents in the United States to offer BriteCo jewelry insurance to their clients. Per a press release, agents in the program gain access to BriteCo’s cutting-edge …

15 02, 2023

Georgia Bill Would Bar Public Camping But Allows Designated Areas for Homeless

By | February 15th, 2023|Uncategorized|Comments Off on Georgia Bill Would Bar Public Camping But Allows Designated Areas for Homeless

Georgia cities and counties could be compelled to enforce bans on public camping or sleeping by homeless people under a bill moving forward in the state Senate. The measure would also create a structure for the state to designate camping …

15 02, 2023

OSHA Cites Tree Services Firm Over Death of 17-Year Old Worker Pulled Into Woodchipper

By | February 15th, 2023|Uncategorized|Comments Off on OSHA Cites Tree Services Firm Over Death of 17-Year Old Worker Pulled Into Woodchipper

On a Tuesday afternoon in the summer of August 2022, federal workplace safety inspectors responded to a police report that a 17-year-old worker had died after being pulled into a woodchipper at a work site near Allentown. An Occupational Safety …

15 02, 2023

J&J Must Face Baby Powder Suit by 24-Year-Old Dying of Cancer

By | February 15th, 2023|Uncategorized|Comments Off on J&J Must Face Baby Powder Suit by 24-Year-Old Dying of Cancer

Johnson & Johnson can no longer use bankruptcy to block a trial in California over claims its baby powder caused the deadly cancer of a 24-year-old man, a federal judge ruled Tuesday. The ruling is the first of its kind …