News Archives - Insurance Journal

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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 …

14 03, 2023

Miami Homeowner Charged with Falsifying Insurance Claim on Patio Door Damage

By | March 14th, 2023|Uncategorized|Comments Off on Miami Homeowner Charged with Falsifying Insurance Claim on Patio Door Damage

Florida authorities have charged a Miami-area homeowner with fabricating and inflating damage estimates to his home in an attempt to defraud Tokio Marine Insurance Co. out of thousands of dollars. Trevor Lawrence Taylor, 50, was arrested this week and booked …

14 03, 2023

Few Attorneys Left at Troubled McClenny Moseley & Associates

By | March 14th, 2023|Uncategorized|Comments Off on Few Attorneys Left at Troubled McClenny Moseley & Associates

McClenny Moseley & Associates filed more than 2,000 hurricane-damage lawsuits in Louisiana, but now appears to have no attorneys left in the state to pursue them. Three attorneys who once worked in MMA’s New Orleans office have posted notice on …

14 03, 2023

People Moves: De Fazio Joins Woodruff Sawyer as Southwest Regional Growth Leader

By | March 14th, 2023|Uncategorized|Comments Off on People Moves: De Fazio Joins Woodruff Sawyer as Southwest Regional Growth Leader

Mic De Fazio has joined Woodruff Sawyer in a new role as regional growth leader for the Southwest region. De Fazio will lead a team of specialized producers in efforts to design and build new growth initiatives. Prior to joining …

15 03, 2023

Wife of Man Killed by Oregon Police Gets $1.6M Settlement

By | March 15th, 2023|Uncategorized|Comments Off on Wife of Man Killed by Oregon Police Gets $1.6M Settlement

A lawsuit over the death of a man who was killed by Oregon State Police outside his home in southern Oregon in 2015 has been settled for $1.6 million after a lengthy legal odyssey, the Grants Pass Daily Courier reported. …