Monthly Archives: <span>July 2016</span>

JPMorgan Must Face Discrimination Claim by Arab-American Family Business

An Arab-American family whose business and personal bank accounts were closed in 2014 without explanation can sue JPMorgan Chase for racial discrimination, a federal judge in Detroit has ruled. Filed in February, the lawsuit by Najah Manni, his wife Kathy …

Brit Invests in South Africa’s Camargue Underwriting Managers

Brit Ltd., the global specialty insurer and reinsurer, announced it has made a significant strategic investment in Camargue Underwriting Managers, one of South Africa’s leading providers of specialized insurance products. Financial details of the transactions were not disclosed. “The investment …

Beazley to Get EU Licenses for Irish Reinsurance Business – After Brexit Vote

Lloyd’s of London’s Beazley Plc is working to get European insurance licenses for its Irish reinsurance business to allow it to operate throughout the European Union, even if Lloyd’s loses access to the bloc. Insurers are making contingency plans after …

Uptick in Lawyers’ Liability Claims; Business Transactions Top Claim: Study

Law firms have seen an increase in the frequency of malpractice claims, which are becoming more costly to defend and could cause lasting reputational damage, according to a new study by insurance broker Ames & Gough. The study found that …

Parents of Son Killed by Gator at Walt Disney World Won’t Sue

The parents of a toddler killed by an alligator at Walt Disney World said Wednesday that they don’t plan to sue the Florida theme park resort over the death. Matt and Melissa Graves of Omaha, Nebraska, said in a statement …

Hometown Pride: Actress Jennifer Garner Brings in $500K for West Virginia Flood Victims

Jennifer Garner, the Hollywood actress and former Charleston resident, has raised more than $500,000 for flood relief in West Virginia. This does not include the money from her “West Virginia Strong” T-shirt sales, nor the more than $120,000 raised at …

Why Republicans’ Plan to Rebuild a Glass-Steagall Wall Is Bad Idea

One of the biggest surprises from the Republican convention so far has not taken place on its center stage. Yes, I’m talking about the party’s call in its 2016 platform to reinstate the Glass-Steagall law. This is the statute that …

Amerisure Insurance Promotes Long, Mungall and Spaude

Farmington Hills, Mich.-based Amerisure Insurance Co. has promoted Allen Long to director, Advanced Analytics; Casey Mungall to director, Enterprise Risk Management and Investments; and Chris Spaude to director, Financial Planning and Analysis. Long joined Amerisure in 2006 and previously was …

Miraculously, No One Seriously Hurt in Crane Collapse onto Tappan Zee Bridge at Noon

Most of the lanes of the Tappan Zee Bridge north of New York City have reopened after a crane collapsed across the entire width of the bridge on Tuesday, but transportation officials were still advising motorists to plan for extra …

Enbridge, U.S. Reach $177M Settlement Over Pipeline Spill

Canadian pipeline operator Enbridge Inc. has agreed to pay $177 million in penalties and improved safety measures in a settlement with the U.S. government tied to one of the largest inland oil spills in U.S. history. The settlement, announced on …