News Archives - Insurance Journal

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13 07, 2022

Russia Pauses Seizure of Assets of Western Firms Exiting the Country

By | July 13th, 2022|Uncategorized|Comments Off on Russia Pauses Seizure of Assets of Western Firms Exiting the Country

Note: This content was produced in Russia where the law, where the law restricts coverage of Russian military operations in Ukraine. Moscow’s plan to implement a new law enabling authorities to seize the assets of Western firms leaving the country …

13 07, 2022

Broker NFP Forms Captive Manager in Canada

By | July 13th, 2022|Uncategorized|Comments Off on Broker NFP Forms Captive Manager in Canada

Insurance broker NFP has established a captive management firm in Canada following Alberta’s establishment of a regime for captive insurance for organizations wanting to self-insure against risk instead of buying insurance from a third party. The Captive Insurance Companies Act …

13 07, 2022

Twitter Sues to Force Musk to Consummate $44 Billion Buyout

By | July 13th, 2022|Uncategorized|Comments Off on Twitter Sues to Force Musk to Consummate $44 Billion Buyout

Twitter Inc. sued billionaire Elon Musk over his abandoned $44 billion takeover bid, asking a judge to force him to follow through on his offer. Lawyers for Twitter told a Delaware judge that the world’s richest man failed to honor …

11 07, 2022

Carolina High Court Takes Up Law That Extends Time on Sex Abuse Claims

By | July 11th, 2022|Uncategorized|Comments Off on Carolina High Court Takes Up Law That Extends Time on Sex Abuse Claims

North Carolina’s Supreme Court will accelerate appeals over the constitutionality of a state law that gave adults with child sexual abuse claims another two years to seek civil damages. A majority of justices agreed this week t o hear the …

11 07, 2022

Rural Florida County Reeling From Nine Fentanyl Deaths in One Weekend

By | July 11th, 2022|Uncategorized|Comments Off on Rural Florida County Reeling From Nine Fentanyl Deaths in One Weekend

A small, largely rural county west of Florida’s capital experienced an unheard-of spike in deadly drug overdoses believed to be caused by fentanyl over the July 4 weekend, with nine people dying in the latest sign that a national crisis …

11 07, 2022

Agency Probing Self-Driving Cruise Car Crash In California

By | July 11th, 2022|Uncategorized|Comments Off on Agency Probing Self-Driving Cruise Car Crash In California

The National Highway Traffic Safety Administration has opened a special investigation into a recent crash of a Cruise self-driving vehicle in California that resulted in minor injuries, the agency said on Thursday. The auto safety agency did not identify the …

11 07, 2022

California Throws 70K Truckers in Gig-Work Legal Limbo, Risking Supply Chains

By | July 11th, 2022|Uncategorized|Comments Off on California Throws 70K Truckers in Gig-Work Legal Limbo, Risking Supply Chains

About 70,000 truck owner-operators who form the bedrock of California’s transport industry are in limbo as state-level labor rules start applying to them, creating another choke point in stressed US supply chains. Almost a dozen truckers told Bloomberg News they’re …

11 07, 2022

Google Offers Concessions to Thwart US Antitrust Case

By | July 11th, 2022|Uncategorized|Comments Off on Google Offers Concessions to Thwart US Antitrust Case

Alphabet Inc.’s Google has offered concessions to change certain aspects of its advertising business in an attempt to head off a possible US antitrust lawsuit, the Wall Street Journal reported Friday. Google has proposed splitting part of its business that …

11 07, 2022

Nursing Home Denied ‘Unconscionable’ Arbitration Where Patient Was Blind, Alone

By | July 11th, 2022|Uncategorized|Comments Off on Nursing Home Denied ‘Unconscionable’ Arbitration Where Patient Was Blind, Alone

A Pittsburgh nursing home has been barred from relying upon an arbitration agreement to settle a family’s wrongful death complaint where the arbitration papers had been signed by the deceased woman when she was blind, on medication and in severe …

11 07, 2022

Quake-Triggered Tsunami Would Hit Seattle In Minutes, New Report Shows

By | July 11th, 2022|Uncategorized|Comments Off on Quake-Triggered Tsunami Would Hit Seattle In Minutes, New Report Shows

A new study published by the Washington State Department of Natural Resources shows a tsunami triggered by a major earthquake beneath Puget Sound would arrive at Seattle shores sooner and reach farther inland than previously thought. Models showed a tsunami …