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New Zealand Becomes 1st Country to Introduce Climate Change Law for Insurers, Banks
New Zealand has become the first country to introduce a law that will require banks, insurers and investment managers to report the impacts of climate change on their business, minister for climate change James Shaw said on Tuesday. All banks …
POSTED APRIL 13, 2021 5:35 AM |
MS Amlin Acquiring International Transportation Marine Agency in Arizona
MS Amlin is acquiring managing general agency International Transportation and Marine Office and its associated subsidiaries. Completion of the transaction is subject to customary closing conditions, including the receipt of regulatory approvals. Terms were not disclosed. The primary subsidiary International …
POSTED APRIL 13, 2021 5:00 AM |
Simply Business Launches Liability Insurance for Social Workers
Simply Business, Inc., a Boston-based digital insurance agency offering small business owners access to insurance providers, has partnered with the National Association of Social Workers (NASW) Risk Retention Group, Inc. to offer general and professional liability insurance products for social …
POSTED APRIL 13, 2021 4:30 AM |
NTSB: Erratic Steering Led to 2019 Vessel Collision in Sabine Pass
A National Transportation Safety Board investigation found that the erratic steering of a supply vessel led to a 2019 collision resulting in more than 6,000 gallons of diesel oil being dumped into the Sabine Pass, a busy waterway between Texas …
POSTED APRIL 13, 2021 1:44 AM |
State of Emergency Declared in South Louisiana Parish After Tornado
A south Louisiana parish is declaring a state of emergency after a tornado killed one person and injured seven in Palmetto on April 10. St. Landry Parish President Jessie Bellard said on Facebook that two of the injured people remained …
POSTED APRIL 13, 2021 12:46 AM |
Church Official Warns of Financial Flood from Clergy Sex Abuse Claims
A top official with the Archdiocese of Santa Fe says a financial flood from clergy sex abuse claims is coming and a settlement would serve as the dam to prevent devastation to parishes across northern New Mexico. A letter from …
POSTED APRIL 12, 2021 8:24 PM |
La Niña Is Fading But California, Gulf Coast Still Face Risks
La Niña, the cooling of the equatorial Pacific that shifts weather patterns the world over, is fading away. But California may still be prone to dryness, and the U.S. Gulf Coast faces the risk of another busy hurricane season. Water …
POSTED APRIL 12, 2021 8:23 PM |
Unlicensed California Agent Sentenced After Stealing $450K in Premiums
Ai Ling Lee, 61, an unlicensed insurance agent living Hacienda Heights, was convicted of nine felony counts of grand theft after reportedly stealing nearly half-a-million dollars of her small business clients’ insurance premium payments. An investigation by the California Department …
POSTED APRIL 12, 2021 8:15 PM |
Damage Reported Across Southeast from Strong Storms
A cluster of severe storms swept across the South early Saturday, leaving one person dead in Louisiana, toppling trees and power lines in Mississippi, dropping large hail on an Alabama coastal city and leveling buildings in the Florida Panhandle. St. …
POSTED APRIL 12, 2021 4:54 PM |
Confidence Among UK CFOs Hits Record High, Helped by Vaccinations, Brexit Hopes
Confidence among big businesses in Britain about their profits in the year ahead has hit a record high, helped by the country’s coronavirus vaccinations and hopes for less Brexit disruption, a survey of chief finance officers showed. After the biggest …
POSTED APRIL 12, 2021 4:52 PM |
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