Insurance Journal – Page 143 – Ben Few & Company, Inc.

Insurance Journal | May 9, 2023

Guyana’s Environmental Agency Appeals Court Decision Against Exxon

Guyana’s environmental regulator on Tuesday appealed a court decision that last week declared that the agency and Exxon Mobil unit breached oil-spill insurance obligations for the company’s first offshore project in the country. Guyana’s High Court Justice Sandil Kissoon said …

Insurance Journal | May 9, 2023

EU Set for Tough Talks After Lawmakers Back Stricter Methane Rules

The European Parliament voted on Tuesday in favor of rules that would force companies selling oil and gas in Europe to cut their methane emissions, setting itself up for tough negotiations with EU countries seeking weaker limits on the potent …

Insurance Journal | May 9, 2023

People Moves: AXIS Appoints Gregory Head of Global Markets, McKenna Head of North America

AXIS Capital Holdings Limited announced the following appointments within its specialty insurance business: Mark Gregory as head of global markets and Michael J. McKenna as head of North America. The newly created leadership positions will report directly to Vince Tizzio, …

Insurance Journal | May 9, 2023

Alliant Insurance Foundation Announces Education Partnership With Louisiana’s Southern University

The Alliant Insurance Foundation, in partnership with Southern University, the Louisiana Department of Insurance, and the Spencer Educational Foundation, has launched its first initiative, funding a risk management and insurance degree program at Southern University. Working in conjunction with the …

Insurance Journal | May 1, 2023

Mississippi River Continues to Rise in Iowa, Illinois

DAVENPORT, Iowa (AP) – People living along the Mississippi River watched warily Sunday as water levels rose in southeast Iowa and northwest Illinois, awaiting spring crests as floodwaters began to slowly recede and reveal damage in areas further north. The …

Insurance Journal | May 1, 2023

Washington Commissioner Confirms He Will Not Seek Reelection

Washington Insurance Commissioner Mike Kreidler sent an email to agency staff on Monday confirming that he will not seek reelection. The nation’s longest currently serving commissioner has for some time said he was unlikely to run for office again. “Serving …

Insurance Journal | May 1, 2023

Tornado Hits Virginia Beach; As Many as 100 Homes Could be Damaged

The Virginia Beach community in southeastern Virginia was hit by a tornado on Sunday, April 30, just minutes before 6:00 pm. City Manager Patrick Duhaney declared a state of emergency. Officials said there were no reported injuries but the tornado …

Insurance Journal | May 1, 2023

Former Business Partners of McClenny Moseley File 2nd Lawsuit

A company that provided hurricane-damage estimates to embattled McClenny Moseley & Associates says in a lawsuit filed Thursday that the law firm owes it nearly $10 million. Those unpaid invoices allegedly owed to Global Estimating Services come on top of …

Insurance Journal | May 1, 2023

Court Ends Challenge to 2021 Gulf Oil and Gas Lease Sale

NEW ORLEANS (AP) – A lawsuit by environmentalists seeking to block the 2021 sale of Gulf of Mexico oil and gas leases auctioned off by the federal government was rejected by a federal appeals court in Washington. Energy companies including …

Insurance Journal | May 1, 2023

EEOC Sues Michigan Hospital for Religious Discrimination

Mercy Health St. Mary’s, a Grand Rapids hospital and member of the Trinity Health system, violated federal law when it failed to provide a religious accommodation to an applicant and declined to hire him because of his religious beliefs, the …