INSURANCE NEWS
Family of Missouri Man Who Died Canoeing Sue, Blaming Dangerous Dam
CHESTERFIELD, Mo. (AP) – The family of a man who drowned on a canoe trip is suing two state agencies, alleging a dangerous dam was to blame. The St. Louis Post-Dispatch reports that Caleb Gage, of Ballwin, was 32 last …
Texas Property Management Company Pays $85K Over Harassment Suit
Alden Short and Hinson Jennings, a Dallas-based property management company, will pay $85,000 and furnish other relief to settle a national origin harassment lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the agency announced today. According to the …
Empty Tank Cars Derail in Texas Rail Yard, No Injuries Reported
KENDLETON, Texas (AP) – No injuries were reported after three empty tank cars derailed but remained upright in a Southeast Texas rail yard on Monday, the train’s owner said. A locomotive leaked fuel but it was contained, Kansas City Southern …
Magnitude 4.0 Earthquake Recorded in Oklahoma
CARNEY, Okla. (AP) – A magnitude 4.0 earthquake was among a series of six tremors that struck central Oklahoma last Thursday morning, according to the U.S. Geological Survey. No injuries or serious damage were reported following the quakes that also …
Iowa Court: Husband Eligible for Work Comp Death Benefits Despite Separation
The husband of a deceased worker is not ineligible for workers’ compensation death benefits merely because he no longer lived with his wife when she died, a divided Iowa Supreme Court ruled Friday. In a 4-2 decision, the high court …
No Separate Trial for Former JPMorgan Executive in Epstein Case
A U.S. judge rejected requests to sever JPMorgan Chase & Co’s lawsuit accusing former executive Jes Staley of concealing what he knew about Jeffrey Epstein from two related lawsuits over its work for the late sex offender. Monday’s decision by …
Business Moves: Arch Insurance Acquires Insurtech Thimble
Arch Insurance today said it has acquired Thimble, an insurtech platform that enables small businesses to get insurance coverage by the job, month or year using app, website, or over the phone. Terms were not disclosed. Arch said the acquisition …
People Moves: Generali GC&C France Promotes 2 Execs; Gallagher Securities Hires Zanelli as EVP, N. America; Mosaic Names Bakhshi CFO, Haque for Capital Solutions
This edition of International People Moves details appointments at Generali Global Corporate & Commercial (GC&C), Gallagher Re and Mosaic Insurance. A summary of these new hires follows here. Generali Global Corporate & Commercial France Promotes 2 Execs Generali Global Corporate …
Cleanup on Montana Train Derailment Spill Tough Going
Crews could face a difficult cleanup task after a 25-car train derailment spilled powdered clay and cases of beer beside a scenic western Montana river, leaving some cars off the tracks in a narrow, century-old tunnel with limited access, officials …
Suspect in Arson Fire at Los Angeles Police Station Arrested
A woman was arrested after she pushed a burning shopping cart into a Los Angeles police station, damaging the lobby, authorities said. Mishauna Eaton, 30, was arrested on suspicion of arson and was being held on $250,000 bail, police said. …
Ardonagh Acquires Dutch Insurance Broker Klap from Nedvest
The Ardonagh Group announced it has agreed to acquire Klap Verzekeringsmakelaar, a specialist commercial lines insurance broker based in The Netherlands, from family office, Nedvest. Financial details of the deal were not disclosed. Under the leadership of Klap CEO Jorg …
Regulators Order CO2 Pipeline Company to Comply with Rules After 2020 Release
Transportation regulators entered into a federal order with a carbon dioxide pipeline company three years after its pipeline ruptured in a lower Mississippi Delta town, prompting the evacuation of hundreds and sending dozens of people to the hospital. More than …