Category: Insurance Journal

Woman Shot at Chicago White Sox Game Sues Team and Stadium Authority
Insurance Journal | August 29, 2024
Woman Shot at Chicago White Sox Game Sues Team and Stadium Authority
CHICAGO (AP) — A woman who was shot in the leg during a White Sox game last year is suing the team and the Illinois agency that owns Guaranteed Rate Field. The woman was in the left-field bleachers in Section …
Appeals Court Revives Tesla’s Challenge Against Louisiana Law Banning Direct Sales to Consumers
Insurance Journal | August 29, 2024
Appeals Court Revives Tesla’s Challenge Against Louisiana Law Banning Direct Sales to Consumers
NEW ORLEANS (AP) — Tesla’s federal court challenge to a Louisiana law that prohibits automobile manufacturers from selling directly to consumers has been revived by an appeals court. The lawsuit by the electric car company owned by billionaire Elon Musk …
Chicago Manufacturer Faces $1M Fine for Exposing Workers to Silica Dust
Insurance Journal | August 29, 2024
Chicago Manufacturer Faces $1M Fine for Exposing Workers to Silica Dust
Federal safety inspectors became aware that a 31-year-old employee of a Chicago countertop manufacturer needed a double lung transplant after suffering accelerated silicosis ‒ an incurable lung disease – and the U.S. Department of Labor immediately alerted the company of …
Flood-Stricken Connecticut Seeks Emergency Assistance from Federal Agencies
Insurance Journal | August 20, 2024
Flood-Stricken Connecticut Seeks Emergency Assistance from Federal Agencies
Connecticut Governor Ned Lamont has submitted a request to President Joe Biden and the Federal Emergency Management Agency (FEMA) for a federal emergency declaration for Fairfield , New Haven, and Litchfield counties in response to the extreme flooding that damaged …
Specialist Risk Group Acquires UK-Based Anthony James Insurance Brokers
Insurance Journal | August 20, 2024
Specialist Risk Group Acquires UK-Based Anthony James Insurance Brokers
Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of Anthony James Insurance Brokers, subject to regulatory approval. Financial details of the transaction were not disclosed. This latest acquisition further expands and strengthens SRG’s retail pillar, Specialist Risk …
Markets/Coverages: Marsh Launches $50 Million Port Blockage Insurance Facility
Insurance Journal | August 20, 2024
Markets/Coverages: Marsh Launches $50 Million Port Blockage Insurance Facility
Marsh, the insurance broker and Marsh McLennan subsidiary, announced the launch of a first of its kind $50 million port blockage insurance facility, covering shipping ports and terminals around the world. Created by Marsh following the collapse of the Francis …
Beryl-Battered Grenada Becomes 1st Country to Use Government Bond Hurricane Clause
Insurance Journal | August 20, 2024
Beryl-Battered Grenada Becomes 1st Country to Use Government Bond Hurricane Clause
Grenada has become the first country in the world to use a so-called hurricane clause in a government bond – a special feature that allows authorities to postpone debt payments in the wake of a major natural disaster. The move …
Supreme Court Keeps New Rules on Sex Discrimination in Education on Hold
Insurance Journal | August 20, 2024
Supreme Court Keeps New Rules on Sex Discrimination in Education on Hold
The Supreme Court on Friday kept on hold in roughly half the country new regulations about sex discrimination in education, rejecting a Biden administration request. The court voted 5-4, with conservative Justice Neil Gorsuch joining the three liberal justices in …
Ryan Specialty to Acquire Assets of MGU Greenhill From Alera
Insurance Journal | August 20, 2024
Ryan Specialty to Acquire Assets of MGU Greenhill From Alera
Ryan Specialty said it has signed a definitive agreement to acquire certain assets of Greenhill Underwriting Insurance Services from Alera Group, Inc. Terms of the deal were not disclosed. Houston-based Greenhill is a technology-enabled managing general underwriter focused on the …
Cops Vow to Avert Risk of Havoc From DNC Protesters Converging in Chicago
Insurance Journal | August 20, 2024
Cops Vow to Avert Risk of Havoc From DNC Protesters Converging in Chicago
Security is always tight at Chicago’s Accenture Tower, a skyscraper that connects to a downtown transportation hub and houses the Israeli consulate. This week it will resemble a fortress. Located less than two miles (3.2 kilometers) from where Vice President …