News Archives - Insurance Journal

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18 08, 2022

Texas-Based Supermarket Faces $1 Million in Fines over Unsafe Working Conditions

By | August 18th, 2022|Uncategorized|Comments Off on Texas-Based Supermarket Faces $1 Million in Fines over Unsafe Working Conditions

Despite a history of violations and worker injuries dating back almost a decade, Fiesta Mart LLC – a Houston-based supermarket operator – continues to fail in its legal obligations to protect employees. Made apparent after federal inspections in February and …

12 08, 2022

Weakening UK Regulators Would Undermine Financial Services, Bank of England Warns

By | August 12th, 2022|Uncategorized|Comments Off on Weakening UK Regulators Would Undermine Financial Services, Bank of England Warns

Weakening the independence of regulators would undermine reforms to bolster Britain’s finance industry, the head of the Bank of England said on Thursday, in a rebuff to proposals from the leading candidate to be the country’s next prime minister. The …

17 08, 2022

London Workers Could Save Money by Returning to Offices as Bills Soar: Research

By | August 17th, 2022|Uncategorized|Comments Off on London Workers Could Save Money by Returning to Offices as Bills Soar: Research

City of London workers looking to save money may want to embrace the office over winter as the cost of working from home soars alongside energy bills. Those prepared to go into the office every day could save about £50 …

12 08, 2022

Cross Insurance Acquires Maine Insurance Agency

By | August 12th, 2022|Uncategorized|Comments Off on Cross Insurance Acquires Maine Insurance Agency

Cross Insurance reported it has acquired Maine Insurance Agency of Portland. The acquisition of Maine Insurance Agency, a fifth-generation family-owned business, expands the coastal region division of Cross. Founded in l905, Maine Insurance Agency offers insurance for homes, autos, recreational …

12 08, 2022

J&J to End Global Sales of Talc-Based Baby Powder

By | August 12th, 2022|Uncategorized|Comments Off on J&J to End Global Sales of Talc-Based Baby Powder

Johnson & Johnson will stop selling talc-based baby powder globally in 2023, the drugmaker said on Thursday, more than two years after it ended U.S. sales of a product that drew thousands of consumer safety lawsuits. “As part of a …

17 08, 2022

Run-off Specialist Premia Completes Loss Portfolio Transfer With Hiscox

By | August 17th, 2022|Uncategorized|Comments Off on Run-off Specialist Premia Completes Loss Portfolio Transfer With Hiscox

Premia Holdings Ltd., the Bermuda-based run-off specialist, announced that Premia Syndicate 1884 has entered into a loss portfolio transfer agreement with Hiscox Syndicate 33. The portfolio consists of a diverse mix of business underwritten by Syndicate 33 during years of …

12 08, 2022

Partial Settlement in 2018 Killing of Maryland Teen Targets Police and Justice Reforms

By | August 12th, 2022|Uncategorized|Comments Off on Partial Settlement in 2018 Killing of Maryland Teen Targets Police and Justice Reforms

Family members of Anton Black and the Coalition for Justice for Anton Black announced they have resolved part of their federal court litigation charging police and municipal officials in three Maryland communities with the unconstitutional killing of the Black teenager …

17 08, 2022

Beazley’s Smart Tracker Syndicate 5623 Gets Lloyd’s ‘In Principle’ Approval

By | August 17th, 2022|Uncategorized|Comments Off on Beazley’s Smart Tracker Syndicate 5623 Gets Lloyd’s ‘In Principle’ Approval

Beazley has been granted “in principle” approval from Lloyd’s to transition its Smart Tracker Special Purpose Arrangement (SPA) 5623 to a full syndicate with effect from the Jan. 1, 2023, subject to Lloyd’s agreement of the syndicate business plan and …

12 08, 2022

Wildfires Burn, Farmers Struggle as Another Heatwave Bakes Western Europe

By | August 12th, 2022|Uncategorized|Comments Off on Wildfires Burn, Farmers Struggle as Another Heatwave Bakes Western Europe

European nations sent firefighting teams to help France tackle a “monster” wildfire on Thursday, while forest blazes also raged in Spain and Portugal and the head of the European Space Agency urged immediate action to combat climate change. More than …

17 08, 2022

Bankruptcy Judge Clears Way for Defamation Case in Connecticut Against Alex Jones

By | August 17th, 2022|Uncategorized|Comments Off on Bankruptcy Judge Clears Way for Defamation Case in Connecticut Against Alex Jones

A federal bankruptcy judge on Monday cleared the way for a defamation lawsuit in Connecticut to proceed against Infowars host and conspiracy theorist Alex Jones. The case was filed by relatives of some victims of the 2012 massacre at Sandy …