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News Archives - Insurance Journal

Ardonagh Europe to Acquire Léons Group in the Netherlands
Ardonagh Europe Ltd., the Dublin-based subsidiary of The Ardonagh Group, announced it has agreed to acquire Léons Group, an independent family-owned insurance brokerage and consultancy firm in the Netherlands. Headquartered in Amsterdam and founded in 1951 by Max Léons, Léons …

POSTED JULY 05, 2022 9:44 AM
Italian Court Turns Down Request to Lift Freeze on Russian Businessman’s Yacht
ROME – An Italian court has thrown out requests to unfreeze billionaire Alexey Mordashov’s yacht which was seized by the police as part of a drive by Western states to target wealthy Russians after the invasion of Ukraine. Mordashov’s 65 …

POSTED JULY 05, 2022 9:18 AM
Typhoon Sinks Ship Southwest of Hong Kong, Killing at Least 12 Crewmembers
Chinese search and rescue officials pulled 12 bodies on Monday from waters southwest of Hong Kong after an engineering vessel snapped in two as tropical storm Chaba passed through, state television said. Maritime authorities of the southern province of Guangdong …

POSTED JULY 05, 2022 9:03 AM
What Is Causing Australia’s Incessant Rain?
MELBOURNE — Torrential rain is lashing Australia’s southeast coast, forcing thousands of people from their homes because of the danger of floods and landslides in a region battered by major flooding four times in the past 18 months. Some areas …

POSTED JULY 05, 2022 8:42 AM
Shipowners That Still Transport Russian Crude Are Reaping Big Rewards
A handful of shipowners still willing to transport Russian crude are reaping big rewards on at least one route as others shun the trade. Shippers can earn around $1.6 million hauling Russian ESPO oil on a small tanker from the …

POSTED JULY 05, 2022 7:46 AM
Torrential Rain Brings More Flooding to Sydney, Forcing Thousands to Evacuate
Thousands of people on the outskirts of Sydney were told to leave their homes or prepare to evacuate as days of torrential rain leads to widespread flooding. With more bad weather on its way, authorities issued dozens of evacuation orders …

POSTED JULY 05, 2022 7:32 AM
Explainer: Will U.S. Supreme Court EPA Ruling Rein in Federal Regulators?
The U.S. Supreme Court on Thursday curtailed the Environmental Protection Agency’s ability to restrict greenhouse gas emissions from power plants in a 6-3 ruling that some legal experts said would more broadly curb the federal government’s regulatory power. Below is …

POSTED JULY 05, 2022 5:51 AM
Insurance Technology: OneShield Adds Betterview Analytics; Novidea Takes Certificates of Insurance Digital; Verisk Claims Integrates IMGING Data
Betterview Analytics Now Offered via OneShield Property data firm Betterview, which serves property/casualty insurance companies, is now partnering with core system provider, OneShield Software, to make the its property intelligence and risk management platform available to OneShield’s insurer clients. The …

POSTED JULY 05, 2022 5:21 AM
Florida Workers’ Comp Admin, Second-Injury Fund Fees to Remain Steady for 2023
The surcharge for Florida’s Workers’ Compensation Administration Trust Fund and for the second-injury fund will remain the same for 2023 – at near-historically low rates. The Division of Workers’ Compensation announced that the assessment on compensation insurers and self-insurers will …

POSTED JULY 05, 2022 5:01 AM
Georgia Construction Company Must Remain Defendant in Wetlands Suit, Court Finds
A federal court in Georgia has refused to dismiss a construction company from a lawsuit over wetlands violations, even though the company did not own the property at the time of the alleged dumping of dredge material. The contractor, TowneClub …

POSTED JULY 05, 2022 5:01 AM

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