Insurance
TEPCO Says Seawater Radioactivity Below Detectable Limits After Fukushima Release
Initial tests showed seawater radioactivity to be below detectable levels after the release of treated radioactive water from Japan’s Fukushima plant, its operator, Tokyo Electric Power Co (TEPCO), said on Friday. The seawater samples contained less than 10 becquerels of …
Read More Kansas City Fire Department Faces US Department of Justice Investigation for Alleged Racial Discrimination
KANSAS CITY, Mo. (AP) – The Kansas City, Missouri, Fire Department is under a U. S. Department of Justice investigation for alleged racial discrimination, a Kansas City spokesperson confirmed to The Kansas City Star Thursday. Associated Press phone calls requesting …
Read More People Moves: Sompo Int’l Taps Zurich’s Weiss as Head of Property & Energy, Continental Europe; Inigo Hires Aviation Specialist Harker From Marsh
This edition of International People Moves details appointments at Sompo International and Inigo Limited. A summary of these new hires follows here. Sompo Int’l Taps Zurich’s Weiss as Head of Property & Energy, Continental Europe Sompo International, the Bermuda-based provider …
Read More Severe Storms and Tornado Cause Damage and Power Outages in Michigan, Leaving 5 Dead
CANTON TOWNSHIP, Mich. (AP) – At least one tornado touched down in Michigan as part of severe storms powered by winds of up to 75 mph (121 kph) that downed trees, tore roofs off buildings and killed five people while …
Read More Louisiana Oil Refinery Fire Mostly Contained but Residents Worry About Air Quality
GARYVILLE, La. (AP) – Crews were still working to suppress flare-ups Saturday as a fire at a Louisiana oil refinery burned for a second day along the banks of the Mississippi River, while residents worried about health effects from the …
Read More Libor Zombies Pit Hedge Funds Against Banks, Insurers in High-Stakes Feud
One of the most lucrative, and contentious, trades of 2023 has emerged in an obscure corner of financial markets, minting overnight profits for the hedge fund crowd of as much as 35%. The play: Load up on 1980s-era bank bonds …
Read More Nominations Open for ‘Best Agency to Work For’ Awards. Deadline Soon.
Is your agency a Best Place to Work? Then it’s time to nominate your agency as a “Best Agency to Work For.” To nominate your agency, you must be a current employee of the agency you are nominating. A MINIMUM …
Read More Appeals Court Blasts Insurer’s Conduct in Denying Claim Over Insured’s Conduct
Philadelphia Indemnity Insurance Co. is not entitled to the summary judgment it was granted by a federal district court in a building fire case in which it claimed the insured was not cooperative in accommodating its requests for examinations under …
Read More More Than 600 Firefighters, Water-Dropping Planes Struggle to Control Greece Wildfires
More than 600 firefighters, including reinforcements from several European countries and backed by a fleet of water-dropping planes and helicopters, were battling three major wildfires in Greece Sunday, two of which have been raging for days. A massive blaze in …
Read More Cyber Startup Wiz Is Weighing Potential Bid for SentinelOne
Closely held cloud cybersecurity company Wiz Inc. is considering a potential bid for SentinelOne Inc. in what would represent a rare move by a startup to buy a large listed company. Wiz spokesperson Tamar Harel said on Friday that the …
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