News Archives - Insurance Journal

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2 09, 2022

Slain Marine’s Family Refiles $25M Defamation Suit Against Alec Baldwin

By | September 2nd, 2022|Uncategorized|Comments Off on Slain Marine’s Family Refiles $25M Defamation Suit Against Alec Baldwin

The family of a Marine killed in Afghanistan has revived a defamation lawsuit against Alec Baldwin over comments the actor made online. The sisters and widow of Lance Cpl. Rylee McCollum allege Baldwin subjected them to online threats and harassment …

2 09, 2022

New York Sets ‘Gun Free Zones’ to Restrict Guns; Regulates Concealed Carry Permits

By | September 2nd, 2022|Uncategorized|Comments Off on New York Sets ‘Gun Free Zones’ to Restrict Guns; Regulates Concealed Carry Permits

Amid the bright lights and electronic billboards across New York’s Times Square, city authorities are posting new signs proclaiming the bustling crossroads a “Gun Free Zone.” The sprawling Manhattan tourist attraction is one of scores of “sensitive” places — including …

2 09, 2022

G7 Expected to Advance Russia Oil Price Cap Plans With Insurance Playing Key Role

By | September 2nd, 2022|Uncategorized|Comments Off on G7 Expected to Advance Russia Oil Price Cap Plans With Insurance Playing Key Role

Group of Seven finance ministers are expected to firm up plans on Friday to impose a price cap on Russian oil aimed at slashing revenues for Moscow’s war in Ukraine but keeping crude flowing to avoid price spikes, G7 officials …

2 09, 2022

Marsh McLennan Acquires South Carolina Agency

By | September 2nd, 2022|Uncategorized|Comments Off on Marsh McLennan Acquires South Carolina Agency

Marsh McLennan Agency, a subsidiary of Marsh, has acquired Steinberg & Associates, an independent agency based in Spartanburg, South Carolina. Steinberg, founded in 1969, offers employee health and benefits, estate planning and other services to businesses and residents in the …

2 09, 2022

Cyber Attacks on Western European Firms on the Rise Since Ukraine War: Italy Minister

By | September 2nd, 2022|Uncategorized|Comments Off on Cyber Attacks on Western European Firms on the Rise Since Ukraine War: Italy Minister

Italy’s foreign minister said cyber attacks on western European companies have risen following the Russian invasion of Ukraine, as Rome deals with the fallout from hacker actions targeting energy companies earlier this week. The minister, Luigi Di Maio, said on …

2 09, 2022

South Carolina State Workers Will Soon Get Six Weeks Paid Parental Leave

By | September 2nd, 2022|Uncategorized|Comments Off on South Carolina State Workers Will Soon Get Six Weeks Paid Parental Leave

Starting in October, state employees in South Carolina are entitled to six weeks of parental leave after giving birth or adopting children. Surrounded by Republican and Democratic lawmakers who worked together to pass the bill, Republican Gov. Henry McMaster held …

2 09, 2022

Brazilian Reinsurer IRB Raises $228.9M in Share Offering

By | September 2nd, 2022|Uncategorized|Comments Off on Brazilian Reinsurer IRB Raises $228.9M in Share Offering

Brazilian reinsurer IRB Brasil Resseguros SA confirmed late on Thursday it had raised 1.2 billion reais ($228.9 million) in a share offering, after successive monthly losses led analysts to raise alerts on its capital sufficiency. The company priced its offering …

2 09, 2022

OSHA Says Wells Fargo Owes Former Exec $22M for Improper Firing

By | September 2nd, 2022|Uncategorized|Comments Off on OSHA Says Wells Fargo Owes Former Exec $22M for Improper Firing

A former Wells Fargo executive is due $22 million after an investigation by the Occupational Safety and Health Administration (OSHA) concluded the bank violated whistleblower protections under the Sarbanes-Oxley Act. The amount owed includes back wages, interest, lost bonuses and …

2 09, 2022

South Carolina Burger Kings Fined, Agree to Changes Over Child Labor Violations

By | September 2nd, 2022|Uncategorized|Comments Off on South Carolina Burger Kings Fined, Agree to Changes Over Child Labor Violations

The owner of nine Burger King franchises in South Carolina has agreed to improve working conditions for minors employed at the restaurants, resolving an action brought by the U.S. Department of Labor. The department announced Thursday that Applegreen USA Central …

2 09, 2022

New York Launches $6.5M Fund for ‘Clean Tech’ Insurance Products; Seeks Program Manager

By | September 2nd, 2022|Uncategorized|Comments Off on New York Launches $6.5M Fund for ‘Clean Tech’ Insurance Products; Seeks Program Manager

New York Governor Kathy Hochul announced a $6.5 million program to support Insurance Innovation for climate-technologies, a new program focused on the research and development of new insurance policies and products that will “promote the adoption of clean technologies” across …