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So far News – Insurance Journal has created 1316 blog entries.
24 09, 2020

Ant Group Eyes Raising $17.5 Billion via Hong Kong IPO Without Cornerstone Investors

By | September 24th, 2020|Uncategorized|Comments Off on Ant Group Eyes Raising $17.5 Billion via Hong Kong IPO Without Cornerstone Investors

China’s Ant Group plans to raise about half of its $35 billion dual listing via the Hong Kong leg, without setting up a cornerstone tranche and betting on strong demand from institutional investors even without lock-up commitments, sources said. Backed …

24 09, 2020

Peak Re Appoints Pioneer’s Souter as Director of Markets for P/C Business

By | September 24th, 2020|Uncategorized|Comments Off on Peak Re Appoints Pioneer’s Souter as Director of Markets for P/C Business

Hong Kong-based Peak Re announced the appointment of Andrew Souter as director of markets responsible for developing the company’s property/casualty reinsurance business. Souter brings with him 18 years of experience in the finance industry. He joins Peak Re from Pioneer …

24 09, 2020

Oregon Businesses Threatening to Sue Over Virus Restrictions

By | September 24th, 2020|Uncategorized|Comments Off on Oregon Businesses Threatening to Sue Over Virus Restrictions

Several Oregon businesses have threatened a class action lawsuit against the state over COVID-19 restrictions implemented by Gov. Kate Brown to slow the pandemic. A lawyer representing the businesses argues that Oregon officials should draft a plan to compensate small …

24 09, 2020

New Mexico Disabled Woman Getting $300K Settlement

By | September 24th, 2020|Uncategorized|Comments Off on New Mexico Disabled Woman Getting $300K Settlement

New Mexico State Police have reached a $300,000 settlement with a disabled woman who accused an officer of grabbing and handcuffing her after she refused to provide ID in 2016. Jessica Guttman claimed in her 2018 lawsuit that she and …

24 09, 2020

NTSB: Loose Joint Caused Train Derailment that Killed Man in Texas

By | September 24th, 2020|Uncategorized|Comments Off on NTSB: Loose Joint Caused Train Derailment that Killed Man in Texas

A loose, improperly fastened rail joint led to a 2017 derailment in a North Texas rail switching yard that killed a worker, the National Transportation Safety Board has found. A misaligned rail joint allowed the flange of a freight car …

24 09, 2020

South Carolina Wood Pellet Plant Accused of Violating Clean Air Act

By | September 24th, 2020|Uncategorized|Comments Off on South Carolina Wood Pellet Plant Accused of Violating Clean Air Act

Environmental groups threatened to sue a wood pellet factory on Tuesday, accusing it of releasing more than 100 tons of air pollution a year in violation of the Clean Air Act. A legal notice filed against Jasper Pellets says the …

24 09, 2020

Texas Windstorm Insurer Seeks More Data on Rate Adequacy, Hurricane Modeling

By | September 24th, 2020|Uncategorized|Comments Off on Texas Windstorm Insurer Seeks More Data on Rate Adequacy, Hurricane Modeling

The Texas Windstorm Insurance Association’s actuarial and underwriting committee is seeking more data from TWIA staff and an actuarial consulting firm on rate adequacy and catastrophe modeling for potential hurricane losses. In a meeting on Sept. 22, the committee directed …

24 09, 2020

Wisconsin Says More Loan Money Available for Rebuilding Kenosha Businesses

By | September 24th, 2020|Uncategorized|Comments Off on Wisconsin Says More Loan Money Available for Rebuilding Kenosha Businesses

The state of Wisconsin is making more money available to help small businesses in Kenosha recover from damage during recent unrest over the police shooting of Jacob Blake, officials said. Gov. Tony Evers and the Wisconsin Economic Development Corporation said …

24 09, 2020

Iowa Insurance Division Charges Trinity, Aliera Over Unauthorized Health Plans

By | September 24th, 2020|Uncategorized|Comments Off on Iowa Insurance Division Charges Trinity, Aliera Over Unauthorized Health Plans

The Iowa Insurance Division’s Enforcement has filed charges against Trinity Healthshare Inc. and The Aliera Companies over offerings of unauthorized healthcare products. The department alleges that Trinity, purportedly operating as a health care sharing ministry, acted as an unauthorized insurer …

24 09, 2020

Wisconsin Home Improvement Chain Appeals Jury Award for Woman’s Injury

By | September 24th, 2020|Uncategorized|Comments Off on Wisconsin Home Improvement Chain Appeals Jury Award for Woman’s Injury

Menard Inc. is appealing a jury award to a woman who was injured when she fell over a flatbed cart at its store in Minot, North Dakota. A jury last year awarded nearly $40,000 to Darlene Johnson, plus about $145,000 …