News Archives - Insurance Journal

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30 11, 2022

Walmart Sued by Employee Over Deadly Shooting

By | November 30th, 2022|Uncategorized|Comments Off on Walmart Sued by Employee Over Deadly Shooting

An employee at the Walmart in Chesapeake, Virginia, where a supervisor fatally shot six people last week, filed a lawsuit on Tuesday against the company, claiming she and others had warned management about the shooter’s behavior and that nothing was …

30 11, 2022

Russia Seeks to Boost Recognition of its Shipping Insurance to Dodge Sanctions

By | November 30th, 2022|Uncategorized|Comments Off on Russia Seeks to Boost Recognition of its Shipping Insurance to Dodge Sanctions

Moscow is seeking to bolster the recognition of Russian maritime cargo insurance to allow it to ship oil and related products abroad in the face of Western sanctions, a government official was quoted as saying on Tuesday. Western sanctions imposed …

30 11, 2022

Sunshine Insurance Begins Taking Investor Orders for $950 Million IPO

By | November 30th, 2022|Uncategorized|Comments Off on Sunshine Insurance Begins Taking Investor Orders for $950 Million IPO

Chinese insurer Sunshine Insurance Group Co. is seeking to raise as much as HK$7.4 billion ($950 million) in its Hong Kong initial public offering. Beijing-based Sunshine Insurance started taking investor orders for about 1.15 billion new shares on Wednesday, according …

30 11, 2022

Western Governments Struggle to Set Russian Oil Price Cap Before Dec. 5

By | November 30th, 2022|Uncategorized|Comments Off on Western Governments Struggle to Set Russian Oil Price Cap Before Dec. 5

Western governments want to set a maximum purchase price for Russian oil on the world market to limit Moscow’s ability to raise money for its war on Ukraine. The plan is meant to punish Russia while at the same time …

30 11, 2022

Cyber Attackers Cripple IT Systems of Prominent Indian Hospital

By | November 30th, 2022|Uncategorized|Comments Off on Cyber Attackers Cripple IT Systems of Prominent Indian Hospital

Cyber attackers have crippled systems at one of India’s most prominent hospitals for a week, forcing the institution to operate a raft of key medical services and labs manually. The All India Institute of Medical Sciences — a hospital that’s …

23 11, 2022

Ardonagh Group to Buy Australian Insurance Investment, Distribution Firm Envest

By | November 23rd, 2022|Uncategorized|Comments Off on Ardonagh Group to Buy Australian Insurance Investment, Distribution Firm Envest

The Ardonagh Group, the London-based independent insurance distribution platform, announced it has agreed to acquire Envest Pty Ltd., an Australian insurance investment and distribution business. Headquartered in Brisbane, Queensland, Envest operates with a diverse portfolio of brands and a national …

23 11, 2022

Is Britain Starting to Have Second Thoughts About Brexit?

By | November 23rd, 2022|Uncategorized|Comments Off on Is Britain Starting to Have Second Thoughts About Brexit?

Even after years of division and vitriol, it seems like Britain still needs to talk about Brexit. More than six years after voting to leave the European Union, the UK is facing a prolonged recession, a deep cost-of-living crisis and …

23 11, 2022

Widow Asks $55M From NCAA for Football Player’s Death

By | November 23rd, 2022|Uncategorized|Comments Off on Widow Asks $55M From NCAA for Football Player’s Death

Attorneys asked a jury Monday to award $55 million to the widow of a former USC football player, in a landmark case accusing the NCAA of failing to protect him from repetitive head trauma that led to his death. Matthew …

23 11, 2022

New York Expects Lifting of Deadline to Bring Wave of Claims by Adult Sex Abuse Survivors

By | November 23rd, 2022|Uncategorized|Comments Off on New York Expects Lifting of Deadline to Bring Wave of Claims by Adult Sex Abuse Survivors

Sexual assault victims in New York will get a one-time opportunity to sue over their abuse starting Thursday, under a new law expected to bring a wave of allegations against prison guards, middle managers, doctors and a few prominent figures …

23 11, 2022

Indonesia Earthquake Kills 268 Amid Collapsed Homes, Landslides

By | November 23rd, 2022|Uncategorized|Comments Off on Indonesia Earthquake Kills 268 Amid Collapsed Homes, Landslides

A quake in Indonesia killed at least 268 people as the search continues for victims amid landslides and collapsed buildings. The 5.6-magnitude earthquake that struck West Java on Monday damaged more than 20,000 homes, leaving thousands injured and hundreds still …