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Business Insurance - _Risk Management
Hub sues former broker for allegedly violating nonsolicitation agreement A Hub International Ltd. unit said in a lawsuit filed Wednesday that a former broker who opened her own brokerage after her December 2023 resignation is soliciting its clients.
POSTED MAY 03, 2024 1:55 PM |
Axa XL names client, distribution officer for Americas Axa XL, the property/casualty unit of France’s Axa SA, Friday said Matthew V. O’Malley has been named to the newly created role of chief client and distribution officer for the Americas.
POSTED MAY 03, 2024 12:11 PM |
California restaurants will no longer serve up extra fees In recent years, California has been no stranger to those extra charges tacked onto restaurant bills: from “wellness fees” to “kitchen love,” consumers have been griping over the hidden charges often jammed between the tax and total on the tab, and described as fees to help restaurants manage rising health care and payroll costs.
POSTED MAY 03, 2024 11:19 AM |
FM Global to issue $1.4B in membership credits at renewal FM Global will issue $1.4 billion in membership credits to eligible policyholders that renew, the Johnston, Rhode Island-based property insurer said Thursday.
POSTED MAY 03, 2024 10:37 AM |
The BI Top 10: Week of April 29, 2024 A pair of former Marsh executives have taken new roles with rival brokerages. Also of note: The insurance impact of the Baltimore bridge collapse is starting to come into focus.
POSTED MAY 03, 2024 10:00 AM |
News Archives - Insurance Journal
Extreme Weather Is Driving More US Power Outages, Studies Show For decades, residents of eastern Queens in New York City have complained that they’re more likely to lose power when extreme weather hits, even as lights in other parts of the city stay on. A new study that looks at …
POSTED MAY 03, 2024 3:50 PM |
Cracks in O’Hare Columns Aren’t Insured Property Damage, Just Bad Product – Court Cracked steel columns are not “property damage,” but are building products that are not covered by a contractor’s general liability policy, the U.S. 7th Circuit Court of Appeals decided in an opinion that lets St. Paul and other insurers off …
POSTED MAY 03, 2024 3:11 PM |
Yemen’s Houthis Threaten Ships in Mediterranean Sea That Are Sailing to Israeli Ports Yemen’s Houthis will target ships heading to Israeli ports in any area that is within their range, military spokesman Yahya Sarea said in a televised speech on Friday. “We will target any ships heading to Israeli ports in the Mediterranean …
POSTED MAY 03, 2024 1:49 PM |
Binance Crypto Founder Zhao Sentenced to Four Months in Prison Changpeng Zhao, the former chief executive of Binance, was sentenced on Tuesday to four months in prison after pleading guilty to violating U.S. laws against money laundering at the world’s largest cryptocurrency exchange. Once considered the most powerful crypto industry …
POSTED MAY 03, 2024 1:45 PM |
Pennsylvania High Court to Decide If Workers’ Compensation Covers CBD Oil A veteran Pennsylvania workers’ compensation attorney will soon have a chance to argue before the Pennsylvania Supreme Court that his own use of cannabinoid oil (CBD oil) is covered by workers’ compensation. It’s an argument he won last November with …
POSTED MAY 03, 2024 1:35 PM |
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