INSURANCE NEWS
Pollution Lawsuit Could Curb Use of Aerial Fire Retardant
A legal dispute in Montana could drastically curb the government’s use of aerial fire retardant to combat wildfires after environmentalists raised concerns about waterways that are being polluted with the potentially toxic red slurry that’s dropped from aircraft. A coalition …
DC Health Link Data Breach Blamed on Human Error
The recent data breach of personal information for thousands of users of Washington D.C.’s health insurance exchange, including members of Congress, was caused by basic human error, according to a top administrator. The revelation came from prepared statements submitted in …
Evacuations Ordered After Flooding in Small Arizona Town
Navajo Nation officials ordered evacuations for some residents of Chinle after floodwaters filled washes and overflowed berms and dirt dams. They said many residents are refusing to leave, however, because they want to protect their property and livestock. Tribal officials …
People Moves: Startup Intangic MGA Names Marsh’s Durkan as Commercial Dir.; Helvetia Taps Rupprecht From NN Group as CEO; BMS Hires Ardonagh’s Leather as UK, Int’l CFO
This edition of International People Moves details appointments at Intangic MGA, Helvetia Group and BMS. A summary of these new hires follows here. Startup Intangic MGA Names Marsh’s Durkan as Commercial Director Intangic MGA, a newly launched, London-based cyber managing …
Judge’s Donations Cloud Rulings in New Orleans Archdiocese Case
NEW ORLEANS (AP) – A federal judge donated tens of thousands of dollars to New Orleans’ Roman Catholic archdiocese and consistently ruled in favor of the church amid a contentious bankruptcy involving nearly 500 clergy sex abuse victims, The Associated …
Nebraska Ethanol Plant Explosion Leaves 1 Dead, 4 Injured
WOOD RIVER, Neb. (AP) – One worker died and four others were injured in an explosion at an ethanol plant in eastern Nebraska. The explosion was reported last Monday afternoon at a Green Plains ethanol plant in Wood River, which …
Oklahoma House Fire Kills 4
STROUD, Okla. (AP) – Four people, including two children, were killed in a house fire in Oklahoma, authorities said Saturday. Firefighters were called to the home near Stroud about 1:45 a.m. Friday, Milfay Volunteer Fire Chief Travis Victory told The …
People Moves: Chubb Appoints Camp North America Business Development Leader; Ramsey to Lead NEXT Agent Business
Chubb Appoints Camp North America Business Development Leader Chubb has appointed Annmarie Camp as North America business development leader, part of the company’s North America field operations. Camp has over two decades of insurance industry experience. Since joining Chubb in …
Iowa Agent Charged With Defrauding Elderly Individuals and Insurance Companies
A federal grand jury in Des Moines, Iowa returned an indictment on April 19, 2023, charging a Clive man with seventeen counts of mail and wire fraud, one count of conspiracy to commit mail and wire fraud, and two counts …
Fairfax Financial’s Ratings Unaffected by Move to Buy Gulf Insurance Group: DBRS
Toronto-based Fairfax Financial Holdings Ltd.’s ratings are unaffected following last week’s announcement it has entered into a definitive agreement to acquire an additional 46.32% of Gulf Insurance Group (GIG) from Kuwait Projects Co. (KIPCO), according to DBRS Morningstar, which has …
Fox’s Settlement With Dominion Unlikely to Cost it $787.5M
Fox Corp.’s $787.5 million settlement with Dominion Voting Systems over defamation charges is eye-popping, but the ultimate cost to the media company is likely to be much lower. Fox settled with Dominion over charges that Fox News baselessly accused the …
NC Senators Want Disney to Move North, Amid Company’s Feud with DeSantis
North Carolina lawmakers are hoping to capitalize on Walt Disney World’s feud with the Florida governor, and have introduced a bill that would fund a study and incentives for luring Disney north. Senate Bill 594, titled Mickey’s Freedom Restoration Act, …