News Archives - Insurance Journal

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19 05, 2022

Generali Q1 Net Profit Beats Forecasts, Despite Russia Impairments

By | May 19th, 2022|Uncategorized|Comments Off on Generali Q1 Net Profit Beats Forecasts, Despite Russia Impairments

Assicurazioni Generali beat expectations in the first quarter even as impairments on Russia drove net profit lower, a boost for CEO Philippe Donnet who last month won a shareholder battle to keep his job for another three years. Italy’s biggest …

19 05, 2022

Investment Firm Brookfield to Buy UK Repair Site HomeServe for £4.1B

By | May 19th, 2022|Uncategorized|Comments Off on Investment Firm Brookfield to Buy UK Repair Site HomeServe for £4.1B

Brookfield Asset Management Inc. agreed to buy emergency household repairs provider HomeServe Plc in a deal valuing the company at £4.1 billion ($5 billion), one of the UK’s largest take-private transactions this year. Investors will get 1,200 pence for each …

19 05, 2022

Global Broking Network Brokerslink Adds First Tech Firms as Members

By | May 19th, 2022|Uncategorized|Comments Off on Global Broking Network Brokerslink Adds First Tech Firms as Members

Brokerslink has added six technology firms as members – the first non-broking or risk consulting firms to join the global network since its creation in 2004. These “B.tech affiliates” signal the network’s intent to enter a new era of digitalization, …

19 05, 2022

Rhode Island Lawmakers Revise Recreational Marijuana Bill Ahead of Next Week’s Votes

By | May 19th, 2022|Uncategorized|Comments Off on Rhode Island Lawmakers Revise Recreational Marijuana Bill Ahead of Next Week’s Votes

Rhode Island lawmakers unveiled changes Tuesday to a bill to legalize and regulate recreational marijuana, revisions that aim to ensure the legislation passes the state’s General Assembly. The amended bill was released Tuesday in advance of committee votes scheduled for …

19 05, 2022

Investigation Underway Into Massachusetts Apartment Building Fire That Took 4 Lives

By | May 19th, 2022|Uncategorized|Comments Off on Investigation Underway Into Massachusetts Apartment Building Fire That Took 4 Lives

WORCESTER, Mass. (AP) —The number of people who died in a fire at a Massachusetts apartment building last weekend has climbed to four with the discovery of two more bodies on Monday, fire officials said. The search of the three-story, …

19 05, 2022

Delaware Governor Signs Paid Family, Medical Leave Law

By | May 19th, 2022|Uncategorized|Comments Off on Delaware Governor Signs Paid Family, Medical Leave Law

Delaware Governor John Carney has signed legislation creating a statewide paid family and medical leave insurance program. Under the new law, eligible Delaware workers can get up to 12 weeks of paid leave to address a worker’s own or family …

19 05, 2022

Ford Recalls 39,000 U.S. SUVs After Engine Fire Reports

By | May 19th, 2022|Uncategorized|Comments Off on Ford Recalls 39,000 U.S. SUVs After Engine Fire Reports

Ford Motor Company said Thursday it was recalling 39,000 SUVs after reports of 16 fires, and has advised owners to park their vehicles outdoors and away from structures until a fix is completed. The recall, which covers some 2021 model …

18 05, 2022

Archdiocese in New Mexico Hit by Sex Abuse Settlement Agrees to Terms in Chapter 11

By | May 18th, 2022|Uncategorized|Comments Off on Archdiocese in New Mexico Hit by Sex Abuse Settlement Agrees to Terms in Chapter 11

The Archdiocese of Santa Fe in New Mexico entered into an agreement of terms to settle its Chapter 11 reorganization case. “The Church takes very seriously its responsibility to see the survivors of sexual abuse are justly compensated for the …

18 05, 2022

Judge Rules California’s Women in Boards Law Is Unconstitutional

By | May 18th, 2022|Uncategorized|Comments Off on Judge Rules California’s Women in Boards Law Is Unconstitutional

A Los Angeles judge has ruled that California’s landmark law requiring women on corporate boards is unconstitutional. Superior Court Judge Maureen Duffy-Lewis said the law that would have required boards have up to three female directors by this year violated …

18 05, 2022

Vaccine Objections of Workers at Hanford in Washington Tossed

By | May 18th, 2022|Uncategorized|Comments Off on Vaccine Objections of Workers at Hanford in Washington Tossed

A federal judge has dismissed a lawsuit brought by several hundred Hanford nuclear reservation and Pacific Northwest National Laboratory workers in Richland, Washington, over COVID-19 vaccine requirements. The lawsuit was filed in November to halt enforcement of President Joe Biden’s …