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12 07, 2022

California Firefighters Making Gains in Yosemite Wildfire

By | July 12th, 2022|Uncategorized|Comments Off on California Firefighters Making Gains in Yosemite Wildfire

California firefighters were gaining ground in the battle against a wildfire that poses a threat to a grove of giant sequoias and a small community in Yosemite National Park. The Washburn Fire on the western flank of the Sierra Nevada …

13 07, 2022

Specialty Insurer Mosaic Opens for Business in Canada With Fraser at Helm

By | July 13th, 2022|Uncategorized|Comments Off on Specialty Insurer Mosaic Opens for Business in Canada With Fraser at Helm

Mosaic Insurance is opening an office in Toronto, Ontario and has hired Ian Fraser to spearhead the company’s expansion into the Canadian specialty insurance market. Fraser joins as president of Mosaic Insurance Services Canada Inc., responsible for operational strategy and …

13 07, 2022

Agent’s Plea That Landscaping Includes Tree Removal Fails

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A New Jersey insurance agency has failed to convince two courts that a landscape gardening insurance policy for a long-time client was ambiguous enough to also cover tree removal. The agency also struck out with its argument that tree removal …

13 07, 2022

Hong Kong Securities Chief Alder Named Chair of Financial Conduct Authority

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The UK Treasury has announced the appointment of Ashley Alder as the new chair of the Financial Conduct Authority (FCA). Alder is currently chief executive officer of the Securities and Futures Commission (SFC) in Hong Kong, a role he has …

13 07, 2022

Russia Pauses Seizure of Assets of Western Firms Exiting the Country

By | July 13th, 2022|Uncategorized|Comments Off on Russia Pauses Seizure of Assets of Western Firms Exiting the Country

Note: This content was produced in Russia where the law, where the law restricts coverage of Russian military operations in Ukraine. Moscow’s plan to implement a new law enabling authorities to seize the assets of Western firms leaving the country …

13 07, 2022

Broker NFP Forms Captive Manager in Canada

By | July 13th, 2022|Uncategorized|Comments Off on Broker NFP Forms Captive Manager in Canada

Insurance broker NFP has established a captive management firm in Canada following Alberta’s establishment of a regime for captive insurance for organizations wanting to self-insure against risk instead of buying insurance from a third party. The Captive Insurance Companies Act …

13 07, 2022

Twitter Sues to Force Musk to Consummate $44 Billion Buyout

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Twitter Inc. sued billionaire Elon Musk over his abandoned $44 billion takeover bid, asking a judge to force him to follow through on his offer. Lawyers for Twitter told a Delaware judge that the world’s richest man failed to honor …

11 07, 2022

Carolina High Court Takes Up Law That Extends Time on Sex Abuse Claims

By | July 11th, 2022|Uncategorized|Comments Off on Carolina High Court Takes Up Law That Extends Time on Sex Abuse Claims

North Carolina’s Supreme Court will accelerate appeals over the constitutionality of a state law that gave adults with child sexual abuse claims another two years to seek civil damages. A majority of justices agreed this week t o hear the …

11 07, 2022

Rural Florida County Reeling From Nine Fentanyl Deaths in One Weekend

By | July 11th, 2022|Uncategorized|Comments Off on Rural Florida County Reeling From Nine Fentanyl Deaths in One Weekend

A small, largely rural county west of Florida’s capital experienced an unheard-of spike in deadly drug overdoses believed to be caused by fentanyl over the July 4 weekend, with nine people dying in the latest sign that a national crisis …

11 07, 2022

Agency Probing Self-Driving Cruise Car Crash In California

By | July 11th, 2022|Uncategorized|Comments Off on Agency Probing Self-Driving Cruise Car Crash In California

The National Highway Traffic Safety Administration has opened a special investigation into a recent crash of a Cruise self-driving vehicle in California that resulted in minor injuries, the agency said on Thursday. The auto safety agency did not identify the …