News Archives - Insurance Journal

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23 03, 2022

New Orleans Tornado Leaves 1 Dead, Causes Damage to Lower Ninth Ward

By | March 23rd, 2022|Uncategorized|Comments Off on New Orleans Tornado Leaves 1 Dead, Causes Damage to Lower Ninth Ward

A tornado reached east New Orleans Tuesday evening, leaving at least one person dead and causing significant damage to the Lower Ninth Ward. St. Bernard Parish Sheriff James Pohlmann confirmed that at least one person was killed in Arabi when …

23 03, 2022

13-Year Old Behind Wheel of West Texas Crash That Killed 9 People

By | March 23rd, 2022|Uncategorized|Comments Off on 13-Year Old Behind Wheel of West Texas Crash That Killed 9 People

Authorities investigating a fiery head-on crash in West Texas don’t know why a 13-year-old boy was driving while his father sat in the passenger seat of a pickup truck that crossed into the oncoming lane and collided with a passenger …

23 03, 2022

Will Companies Exiting Russia Be Able to Recoup Losses With Their Insurance?

By | March 23rd, 2022|Uncategorized|Comments Off on Will Companies Exiting Russia Be Able to Recoup Losses With Their Insurance?

Hundreds of companies have said they are withdrawing or suspending operations in Russia after its invasion of Ukraine, from energy producer Shell Plc to carmaker Hyundai Motor Co. to PwC, a global professional services firm. The following is a look …

23 03, 2022

Detroit Reaches $7.5 Million Settlement in Wrongful Conviction Suit

By | March 23rd, 2022|Uncategorized|Comments Off on Detroit Reaches $7.5 Million Settlement in Wrongful Conviction Suit

The city of Detroit has reached a $7.5 million settlement with a man who entered prison as a teenager and spent eight years there before a prosecutor agreed to drop four murder convictions. Davontae Sanford was just 15 when he …

23 03, 2022

Russia Offers to Compensate Foreign Lessors of Commandeered Jets

By | March 23rd, 2022|Uncategorized|Comments Off on Russia Offers to Compensate Foreign Lessors of Commandeered Jets

Russia offered to compensate owners of jets commandeered by the country, a bid to smooth relations with leasing companies that stand to lose billions of dollars on rented aircraft they can’t get back. Authorities in Moscow are seeking ways to …

23 03, 2022

European Union Lawmakers Agree to Force Foreign Firms to Comply With ESG Rules

By | March 23rd, 2022|Uncategorized|Comments Off on European Union Lawmakers Agree to Force Foreign Firms to Comply With ESG Rules

European lawmakers have agreed to force roughly 28,000 foreign subsidiaries to comply with the bloc’s ESG rules, marking a blow to representatives for U.S. corporations who had lobbied for the opposite outcome. In a wide-reaching revamp of the EU’s reporting …

23 03, 2022

One of Two Flight Recorders Located From China Eastern Plane Crash

By | March 23rd, 2022|Uncategorized|Comments Off on One of Two Flight Recorders Located From China Eastern Plane Crash

One of the two flight recorders from the China Eastern Airlines Corp. aircraft that crashed Monday afternoon has been found and officials released details about the pilots flying the plane, saying all three had current licenses, valid health certificates and …

23 03, 2022

Acrisure Acquires MGA Platform Volante Global From Markel’s Nephila

By | March 23rd, 2022|Uncategorized|Comments Off on Acrisure Acquires MGA Platform Volante Global From Markel’s Nephila

Acrisure, the Grand Rapids, Mich.-based financial services and insurance brokerage firm, announced it is acquiring Volante Global, a multi-class, multi-territory international managing general agent (MGA). Headquartered in London with a presence in seven countries, Volante provides niche, specialist re/insurance products …

23 03, 2022

Two South Florida Construction Workers Crushed by Concrete Wall

By | March 23rd, 2022|Uncategorized|Comments Off on Two South Florida Construction Workers Crushed by Concrete Wall

Two construction workers in Boynton Beach were killed Tuesday when a concrete wall they were installing fell and crushed them. One local TV news station said the fatalities happened when a construction crane collapsed at the Riverwalk Plaza, but other …

23 03, 2022

GameStop Sued by BCG Over $30 Million Bill to Fix Company

By | March 23rd, 2022|Uncategorized|Comments Off on GameStop Sued by BCG Over $30 Million Bill to Fix Company

GameStop Corp.’s stockholders may be enjoying the biggest rally of the year, but not everyone is happy. Boston Consulting Group claims it hasn’t been paid about $30 million in fees for its work “setting the company on a more sustainable …