Insurance
Ukraine’s Grain Challenge: Clearing Mines, Finding Ships and Insurance, Trusting Putin
Ukraine is about to finally secure a deal aimed at restarting crucial Black Sea grain exports that have been crippled by Russia’s invasion. But getting them going won’t be easy. A deal is expected to be signed Friday by representatives …
Read More Settlement in Excessive Force Suit Brought by Reporters in Oregon
The city of Portland has paid $55,000 to two independent journalists who alleged excessive force by Portland police during a 2020 Black Lives Matter demonstration. An investigation after their lawsuit was filed determined the city risked being found liable, so …
Read More Evacuation Order for Alaska Wildfire Lifted Near Anderson
An evacuation order for about 65 residents of a subdivision near the community of Anderson has been lifted, Denali Borough Mayor Clay Walker said. The evacuation order went into place June 28 because of the Clear wildfire burning near Anderson. …
Read More Settlement in California Lawsuit by Man Strapped to Gurney During Arrest
The Los Angeles Police Department will pay $300,000 to settle a lawsuit by a legally blind man who said he was beaten, strapped to a hospital gurney and nearly suffocated during an arrest three years ago, attorneys said. The civil …
Read More Most Commercial Insurance Renewal Rate Changes Remain Up: Ivans Index
Premium renewal rate changes for all major commercial lines of business increased year over year with the exception of the workers’ compensation line, which remained negative, according to the Ivans Index second quarter results. The Index revealed that Q2 experienced …
Read More Judge Says Remington’s Gun Injury Settlement Lacks Sufficient Information
A federal judge in Pennsylvania has declined to approve a settlement between gunmaker Remington Arms and a parent of a child injured when his grandfather’s gun allegedly misfired without the trigger being pulled. U.S. District Judge Yvette Kane found that …
Read More Luton Airport Runway Meltdown Shows How Airports Are Vulnerable to Climate Change
The temporary disruption at London’s Luton Airport on Monday when soaring temperatures caused a small section of the asphalt to lift is an example of the challenges airports face in making their infrastructure resilient to climate change, experts say. Below …
Read More Two 100+ Years Old New Hampshire Agencies Merge
Two long-time New Hampshire insurance agencies— The Insurance Center based in Claremont and McCrillis & Eldredge in Newport— announced that their companies are joining forces. The combined organization will continue to operate under both brands and both principals will remain …
Read More Older and Younger Executives Disagree About Remote Work Arrangements
Bosses and workers rarely agree on what matters when it comes to the future of work. But there’s division even within the c-suite, particularly regarding the disparate treatment remote and in-office workers can face. Younger executives cited those inequities as …
Read More Beazley’s H1 Profits Drop but Raises Full-Year Outlook on Cyber Premium Growth
Lloyd’s of London insurer Beazley on Friday reported first-half profits fell on hits to its investment portfolio from market volatility, but raised its full-year profitability guidance on an increase in cyber risk premiums. Beazley, a major cyber insurer, said it …
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