Insurance
Howden Enters Japanese Market, Invests in Keystone ILS Capital
Howden, the London-based insurance intermediary group, announced its entry into the Japanese market, launching Howden Re Japan Ltd. and an ILS partnership with Keystone ILS Capital. Howden also announced the appointment of Kentaro Tada as CEO, Howden Japan. Tada will …
Read More Fire That Destroyed Historic Georgia Home Found to Be Arson
DARIEN, Ga. (AP) — A man has been charged with starting a fire that destroyed a nearly century-old home on the site of a coastal Georgia rice plantation that’s associated with the largest slave auction in U.S. history, authorities said …
Read More Atlanta City Council Approves $2M for Students Pulled from Car During Protest
ATLANTA (AP) — The Atlanta City Council has approved the payment of a settlement of $2 million to two college students who were shocked with Tasers and pulled from a car while they were stuck in downtown traffic caused by …
Read More Law Firms Smell Opportunity as Supreme Court Guts Agency Powers
Law firms are capitalizing on client uncertainty sparked by a flurry of new U.S. Supreme Court rulings that favored opponents of federal agency powers, even as lawyers themselves differ on the decisions’ immediate and long-term effects. Within hours of the …
Read More People Moves: Unison Risk Advisors Appoints Martinez; USI’s Engbert Joins Alliant
Tony Martinez has been appointed to the new position of chief information officer for Unison Risk Advisors (URA) Inc., the parent company for Baltimore-based RCM&D, Oswald Companies of Cleveland and Miami-based NSI Insurance. He will lead all technology resources throughout …
Read More Hurricane Beryl Roars Toward Jamaica on Destructive Path
Hurricane Beryl churned toward Jamaica with violent winds, heavy rains and a life-threatening storm surge that could cause more than $1 billion in damage. Beryl’s winds roared at 145 miles (230 kilometers) per hour early Wednesday, making it a Category …
Read More What Is China’s Planned Financial Stability Law and How Will It Work?
China is moving closer to unveiling its financial stability law, which includes setting up a fund to rescue troubled financial institutions, as part of Beijing’s broader efforts to prevent systemic financial risks in the world’s second-biggest economy. A revised draft …
Read More London Defers Tallest Tower Decision Amid Neighbors’ Objections, Including Lloyd’s
The City of London Corporation deferred a vote on plans for a new 73-story office tower next to the Gherkin that’s set to become the tallest building in the historic financial district. The City Corporation’s planning committee voted Tuesday to …
Read More Life, Liberty, and the Pursuit of a Claims-Free Fourth of July
According to the Consumer Protection Safety Commission, about 9,700 people in 2023 were treated in emergency rooms for fireworks-related injuries. In its annual report, CPSC said there is a “statistically significant trend” upward in the number of ER visits for …
Read More Report: Medical Costs for Workers’ Comp Rose 11% Nationally
Medical costs for workers’ compensation increased nationally 11% and first-party claims grew 5% over the last four years, a new report shows. Enlyte’s “Quarterly Medical Price Index (MPI) Report,” based on trends from professional medical bill services from Q1 2020 …
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