News Archives - Insurance Journal

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18 01, 2023

Minnesota Lawmakers Start Down Path to Legalizing Recreational Marijuana

By | January 18th, 2023|Uncategorized|Comments Off on Minnesota Lawmakers Start Down Path to Legalizing Recreational Marijuana

ST. PAUL, Minn. (AP) – The Minnesota Legislature embarked on a path toward legalizing recreational marijuana for adults last Wednesday when a legislative committee held the first hearing of the year on a bill that backers say is designed to …

18 01, 2023

Alabama Landfill Still Burning, Triggering Health Concerns, Class Action vs. Owners

By | January 18th, 2023|Uncategorized|Comments Off on Alabama Landfill Still Burning, Triggering Health Concerns, Class Action vs. Owners

An underground fire at an Alabama landfill has continued to pollute the air in eastern parts of the Birmingham region more than 50 days after a fire began underground, according to air quality monitors. The monitors surrounding the Moody landfill …

16 01, 2023

Nepal Locates Black Boxes of Aircraft After Deadliest Crash in 30 Years

By | January 16th, 2023|Uncategorized|Comments Off on Nepal Locates Black Boxes of Aircraft After Deadliest Crash in 30 Years

KATHMANDU, Jan 16 (Reuters) – Searchers found the cockpit voice recorder and flight data recorder on Monday from a passenger flight that crashed, killing at least 70 people in Nepal’s worst plane accident for 30 years, officials said. The data …

17 01, 2023

Japan Indicates Delay of Fukushima Plant Water Release

By | January 17th, 2023|Uncategorized|Comments Off on Japan Indicates Delay of Fukushima Plant Water Release

Japan has revised the timing of a planned release to the sea of treated but still radioactive wastewater at the Fukushima nuclear power plant to “around spring or summer,” indicating a delay from the initial target of this spring, after …

17 01, 2023

Fund Groups Warn Against EU Idea of Legally Defining ‘Greenwashing’

By | January 17th, 2023|Uncategorized|Comments Off on Fund Groups Warn Against EU Idea of Legally Defining ‘Greenwashing’

LONDON, Jan 16 (Reuters) – European Union regulators should not define greenwashing in law, fund industry groups have told the bloc’s markets watchdog, citing concerns this would complicate a sector in “constant flux.” Trillions of dollars have flowed into investments …

17 01, 2023

New Jersey Home Explosion Injures 5 Firefighters

By | January 17th, 2023|Uncategorized|Comments Off on New Jersey Home Explosion Injures 5 Firefighters

POMPTON LAKES, N.J. (AP) — A New Jersey house where smoke had been reported exploded with volunteer firefighters inside, injuring five of them and sending two to a hospital for treatment of burns, authorities said. The Pompton Lakes Volunteer Fire …

17 01, 2023

Averted Plane Crash at New York Airport Under Investigation

By | January 17th, 2023|Uncategorized|Comments Off on Averted Plane Crash at New York Airport Under Investigation

Officials are investigating a close call at a New York airport Friday night between a plane that was crossing a runway and another that was preparing for takeoff. “(Expletive)! Delta 1943, cancel takeoff clearance! Delta 1943, cancel takeoff clearance!” an …

17 01, 2023

Canada’s Westland Insurance Acquires Broker RiskTech From Excel

By | January 17th, 2023|Uncategorized|Comments Off on Canada’s Westland Insurance Acquires Broker RiskTech From Excel

Westland Insurance announced that it has acquired the Edmonton brokerage RiskTech Insurance Services as of January 1. Risk Tech was a member of Excel Insurance Group. It specializes in serving large and mid-market commercial risks and complements Westland’s existing commercial …

17 01, 2023

Germany Joins Opposition to EU Ban on Commission-Based Financial Products

By | January 17th, 2023|Uncategorized|Comments Off on Germany Joins Opposition to EU Ban on Commission-Based Financial Products

Banning commission-based sales of financial products from banks and insurers would be a “serious setback” to the European Union’s capital market and limit choice for consumers, Germany’s finance minister Christian Lindner has said. EU financial services chief Mairead McGuinness set …

17 01, 2023

Twitter’s Laid-Off Workers Cannot Pursue Claims Via Class-Action Lawsuit

By | January 17th, 2023|Uncategorized|Comments Off on Twitter’s Laid-Off Workers Cannot Pursue Claims Via Class-Action Lawsuit

Twitter Inc has secured a ruling allowing the social media company to force several laid-off workers suing over their termination to pursue their claims via individual arbitration than a class-action lawsuit. U.S. District Judge James Donato on Friday ruled that …