Monthly Archives: <span>June 2021</span>

People Moves: Srygley in New C&F Role; Lopez Joins Mosaic; CLARA Names CEO; IronHealth Has New President

Crum & Forster Adds Srygley in Captives, Gig Economy Roles Further strengthening its Captive Solutions and Sharing (Gig) Economy practices, Crum & Forster’s Accident & Health (A&H) Division has appointed C&F veteran Mark Srygley to help drive its efforts in …

Vaccination Rate for Public Safety Workers in L.A. Below Average

COVID-19 vaccination rates for police and firefighting personnel in Los Angeles and prison employees across California are significantly lower than the state’s average for other adults, raising concerns among medical ethicists and public safety leaders about whether unvaccinated first responders …

Arizona Governor Signs $100M Wildfire Funding Bill

Arizona Gov. Doug Ducey has signed a bill rushed through in a special legislative session that provides $100 million in funding this year to battle wildfires, react to the damage they cause and to create a new force of more …

Newspaper Carrier Confronted by Washington Sheriff Seeks $5M in Damages

A Black newspaper carrier confronted by Pierce County Sheriff Ed Troyer in Washingotn has filed a legal claim seeking at least $5 million in damages. Attorneys representing Sedrick Altheimer submitted the tort claim against the county on Tuesday, contending Troyer’s …

Seacor: Pay Debt With $25M in Overturned Louisiana Boat’s Insurance

The owner of an offshore oilfield boat that overturned off Louisiana plans to use $25 million in insurance on the vessel to pay down part of the Texas company’s debts. Attorneys for families of men killed when the Seacor Power …

Supreme Court Backs Goldman Sachs Escape from Securities Class Action

The U.S. Supreme Court on Monday handed a victory to Goldman Sachs Group Inc. in its bid to avoid an investor class action lawsuit accusing the bank of hiding conflicts of interest when creating risky subprime securities before the 2008 …

Sri Lanka Ship Disaster Causes ‘Significant Damage to the Planet’: UN

COLOMBO, Sri Lanka – The UN representative in Sri Lanka said the sinking of a container ship that caught fire while transporting chemicals off the capital Colombo has caused “a significant damage to the planet” by releasing hazardous substances into …

CFC Underwriting’s Lloyd’s Syndicate Opens for Trading

CFC, the London-based managing general agent, announced that CFC Syndicate 1988 is open for business. In addition to risk capital provided by CFC, the syndicate worked with Aon Capital Advisory to attract third-party capital support including a large pension fund, …

Supreme Court Turns Away Insurers’ Bid Over Obamacare Reimbursements

The U.S. Supreme Court on Monday declined to hear a bid by health insurance companies to seek a full reimbursement from the federal government under a provision of the Obamacare law aimed at encouraging them to offer medical coverage to …

UK Financial Services Sector Cautions About Legislating Work-from-Home Options

LONDON – How people divide their working hours between home and office should develop naturally over time and not be forced into law, senior financial services industry officials said on Monday. Britain has indicated it may legislate to allow people …