Monthly Archives: <span>April 2022</span>

Creating Harmony: What Cyber, Insurance Pros Can Learn from Music

Music may not be the first thing that comes to mind when considering the cybersecurity and insurance industries, but these industries could have more in common than it seems, according to guests on the most recent episode of The Insuring …

North Dakota Marijuana Legalization Groups Aims for November Election

A group that wants to legalize recreational marijuana in North Dakota submitted paperwork Monday to the secretary of state to begin the approval process. If approved by the secretary of state, the group would need to gather 15,582 signatures by …

Howden to Acquire UK-Based SPF Private Clients

Howden, the London-based international insurance broker, announced the signing of the acquisition of SPF Private Clients (SPF), subject to regulatory approval. Financial details of the deal were not disclosed. SPF was formed in 2011 after a management buyout and rebrand …

Xenia Buys Majority Stake in Hong Kong’s Capstone Insurance Brokers

Xenia Broking Group Ltd., the credit insurance and surety specialist broker, announced it has acquired a majority stake in Capstone Insurance Brokers Ltd., a Hong Kong-based insurance broker with specialist expertise in financial lines and digital asset insurance. This acquisition …

Cops Struggle to Keep Up With ‘Staggering’ Levels of Crypto Seizures

One spring day in a village just west of London, residents saw a man being muscled into a car in front of a nearby house. He reappeared with cuts and bruises 13 hours later, but the cops had already discovered …

Johnson & Johnson Can’t Block Lawsuit Claiming It Lied About Asbestos in Talc

Johnson & Johnson can’t use its baby powder bankruptcy to prevent a lawsuit that accuses the company of hiding evidence that its industrial talc operation exposed workers to the toxic material asbestos, a federal judge ruled. The judge overseeing the …

Credit Suisse Shareholders Advised Against Clearing Board of 2020 Liability

Proxy advisers Glass Lewis and ISS have recommended Credit Suisse’s shareholders vote against discharging the bank’s board and management from liability for the 2020 financial year at its annual general meeting on April 29. Glass Lewis said in a report …

Martin Shkreli’s Law Firm Has Not Been Paid, Seeks to Withdraw

The law firm that defended Martin Shkreli against antitrust charges said it has not been paid, and on Tuesday asked a U.S. judge for permission to withdraw from representing the former pharmaceutical executive best known for hiking the price of …

Air Lease Says 21 Jets Stranded in Sanctions-Hit Russia

Air Lease Corp. said on Tuesday it has 21 jets remaining in sanctions-hit Russia, two weeks after a Western deadline for global leasing firms to sever ties with the country’s airlines. All of the company’s aircraft leases to Russian airline …

Proposed Miami Condo Rules Wouldn’t Prevent Another Collapse, Engineers Say

A month after Florida lawmakers failed to require more frequent and more thorough inspections of aging condominium buildings, Miami-Dade County officials have drafted their own reforms. But a few engineers said the proposed changes, which are set to receive a …