News Archives - Insurance Journal

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20 05, 2022

Pollution Kills 9 Million People a Year, Mostly in Poorer Nations

By | May 20th, 2022|Uncategorized|Comments Off on Pollution Kills 9 Million People a Year, Mostly in Poorer Nations

Premature deaths from common pollution sources have risen by two-thirds globally since 2000, a dark consequence of the economic development that has lifted millions from extreme poverty this century. More than 90% of the deaths have occurred in rapidly developing …

20 05, 2022

Financial Risks of Climate Change Are Exaggerated: Senior HSBC Banker

By | May 20th, 2022|Uncategorized|Comments Off on Financial Risks of Climate Change Are Exaggerated: Senior HSBC Banker

Central bank policymakers and other global authorities are exaggerating the financial risks of climate change, a senior HSBC banker in charge of sustainable investments said in remarks that drew criticism from climate activists. The bank said his views did not …

20 05, 2022

Japan Approves Plan to Release Wastewater From Fukushima Nuclear Power Plant

By | May 20th, 2022|Uncategorized|Comments Off on Japan Approves Plan to Release Wastewater From Fukushima Nuclear Power Plant

TOKYO (AP) – Japan’s nuclear regulator on Wednesday approved plans by the operator of the wrecked Fukushima nuclear plant to release its treated radioactive wastewater into the sea next year, saying the outlined methods are safe and risks to the …

20 05, 2022

People Moves: NFP Names New Exec Team in Canada; Acrisure Re Hires WTW’s Ainsby to Lead New Asia Fac Unit; Howden Sweden Taps WTW’s Gustafsson as CEO

By | May 20th, 2022|Uncategorized|Comments Off on People Moves: NFP Names New Exec Team in Canada; Acrisure Re Hires WTW’s Ainsby to Lead New Asia Fac Unit; Howden Sweden Taps WTW’s Gustafsson as CEO

This edition of International People Moves details appointments at three brokers: NFP, Acrisure Re and Howden Sweden. A summary of these new hires follows here. NFP Names New Exec Team in Canada NFP, the New York City-based property/casualty insurance broker …

20 05, 2022

Republicans Have a New Enemy No. 1: ESG Investing

By | May 20th, 2022|Uncategorized|Comments Off on Republicans Have a New Enemy No. 1: ESG Investing

Heading into the hotly contested midterm elections, the American political right has a new rallying cry: Down with ESG. Conservatives have identified the popular investing strategy, which accounts for environmental, social and governance risks, as part of a broader narrative …

20 05, 2022

Mental Telehealth CEO Ousted as U.S. Probes Prescription Practices

By | May 20th, 2022|Uncategorized|Comments Off on Mental Telehealth CEO Ousted as U.S. Probes Prescription Practices

Cerebral Inc. directors voted to oust the mental telehealth giant’s founder and chief executive officer, Kyle Robertson, on Wednesday, as the booming industry draws scrutiny from federal law enforcement and patient advocates. Robertson had built Cerebral into a $4.8 billion …

20 05, 2022

Pharmacy Owners Sentenced in ‘Astonishing’ $174M Cream Scheme

By | May 20th, 2022|Uncategorized|Comments Off on Pharmacy Owners Sentenced in ‘Astonishing’ $174M Cream Scheme

A federal judge in Tennessee has sentenced two Florida men to prison after they were found guilty of an extensive telemedicine fraud that convinced pharmacy benefits managers ExpressScripts, CVS Caremark, Optum and others to authorize millions of dollars in compounded …

20 05, 2022

Hawaii Hurricane Season Forecasted to be Slow With La Nina

By | May 20th, 2022|Uncategorized|Comments Off on Hawaii Hurricane Season Forecasted to be Slow With La Nina

Hawaii and the Central Pacific basin should expect two to four hurricanes, tropical depressions or tropical storms this year, federal forecasters said. The annual National Oceanic and Atmospheric Administration outlook predicts there is a 60% chance of a below-average season. …

20 05, 2022

Arson Probe After 14 Homes Being Built in Arizona Destroyed

By | May 20th, 2022|Uncategorized|Comments Off on Arson Probe After 14 Homes Being Built in Arizona Destroyed

Authorities in the Tucson suburb of Marana, Arizona, are investigating whether a fire that destroyed 14 homes under construction homes was arson. Marana police officials said the fire started last week. By the time crews from the Northwest Fire District …

20 05, 2022

Markets/Coverages: Maryland’s Residual Insurer Ups Limits Available for Commercial Drivers

By | May 20th, 2022|Uncategorized|Comments Off on Markets/Coverages: Maryland’s Residual Insurer Ups Limits Available for Commercial Drivers

Maryland’s auto insurance market for drivers that private insurers won’t cover has received approval to offer combined single limits coverage up to $1 million for eligible businesses and vehicles. Maryland Auto Insurance (MAI) says many contracts, particularly governmental contracts, require …