Insurance
New York Licenses First Cannabis Shops, Reminds Insurers to Not Use Expunged Crimes
New York has approved its first 36 marijuana retail dispensary licenses, awarding them to 28 applicants with prior cannabis convictions and eight nonprofits that serve those formerly incarcerated. New York officials wanted the state’s first legal adult-use retail dispensaries to …
Read More Two Dead After Small Plane Crashes in North Carolina
A small plane crashed in Winston-Salem on Saturday, killing two people, authorities said. Winston-Salem Police Department spokeswoman Kira Boyd told the Winston-Salem Journal that two people died in the crash of the small plane in a residential area on Saturday …
Read More Safer Snow Storms: NC DOT Adds Simulator Training for Snow Plow Operators
The North Carolina Department of Transportation’s winter weather prep is going digital this year with a snow plow simulator designed to give employees more training time without getting behind the wheel of an actual vehicle. The new simulator equipment has …
Read More Cyber Risk Modeler DeNexus Opens UK Office
DeNexus Inc., the Sausalito, Calif.-based provider of cyber risk modeling, has opened an office in London as part of its strategy to build out its cyber expertise in Europe. The London office is headed up by seasoned professional Mitesh Chauhan. …
Read More People Moves: Amwins Global Risks Promotes Cody to MD; Markel Bermuda Names Cardoso Head of Office; BMS Re Taps QBE Re’s Larson for Casualty Broking
This edition of International People Moves details appointments at Amwins Global Risks, Markel Bermuda and BMS Re. A summary of these new hires follows here. Amwins Global Risks Promotes Cody to Managing Director Amwins Global Risks, the international arm of …
Read More U.S. Supreme Court Rebuffs Dispute Over Nursing Home COVID Suits
The U.S. Supreme Court on Monday declined to hear California nursing home operator Glenhaven Healthcare’s bid to avoid a lawsuit filed in state court over the COVID-19 death of a resident, turning away the company’s effort to move the case …
Read More NBA Champion Golden State Warriors Are Sued Over FTX Collapse
The Golden State Warriors were sued on Monday by an FTX customer who accused the reigning National Basketball Association champions of fraudulently promoting the now-bankrupt cryptocurrency exchange. Elliott Lam, a Canadian citizen and Hong Kong resident, filed his proposed class-action …
Read More China to Fine Ant Group More Than $1B as Regulatory Revamp Nears End: Sources
Chinese authorities are poised to impose a fine of more than $1 billion on Jack Ma’s Ant Group, said six sources with direct knowledge of the matter, setting the stage for ending the fintech company’s two-year long regulatory overhaul. The …
Read More Russia Says It Won’t Sell Oil to Nations That Cap Prices
Russia doesn’t plan to supply crude or oil products to nations that implement a price cap, according to Deputy Prime Minister Alexander Novak. Instead, Russia will redirect its oil supply to “market-oriented partners” or will reduce production, Novak said in …
Read More People Moves: Renewable Energy Lead at Marsh Specialty; Regional D&O Team Hires at AXA XL; Chubb Names Chief Culture Officer
Marsh Specialty Appoints Kolodner Global Renewable Energy Leader Marsh has appointed Michael Kolodner as global renewable energy leader, Marsh Specialty. Kolodner rejoined Marsh in 2020 as U.S. power and renewable energy leader. In his new role, he will maintain his …
Read More