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

Canada’s StoneRidge Insurance Brokers Buys Generations Insurance Inc.

Canada’a SIB Corp., operating as StoneRidge Insurance Brokers (SIB), an independent provider of insurance and consulting service, has acquired Generations Insurance Inc., to expand its personal and commercial insurance offerings. Founded in 1999 and located in Scarborough (near Toronto), Generations …

New Global Standard Setter for Corporate Sustainability Drafts 1st Guidelines

A new global standard setter for company sustainability reporting set out its first draft guidelines on Thursday [March 31], entering a crowded field as trillions of dollars pour into investments marketed as “green.” The International Sustainability Standards Board (ISSB) published …

British Police, Probing Lapsus$ Hackers, Charge 2 Teenagers With Cyber Offenses

The City of London police, which has been investigating the Lapsus$ hacking group, said on Friday it had charged two teenagers with cyber offenses. A 16-year-old and 17-year-old were charged with unauthorized access to a computer with intent to impair …

Global Insurers Want to Increase Private Equity Investments, as Inflation Hits Portfolios

Insurers want to put more money into private equity this year as they contend with rising inflation and its effects on monetary policy, a survey by Goldman Sachs Asset Management showed on Monday. More than 40% of insurers plan to …

Solar Storm to Hit Earth, Prompting Monitoring by Airlines, Electric Grid Operators

A solar storm will sweep across the Earth Wednesday night, raising prospects of dazzling Northern Lights visible as far south as Chicago while prompting airlines and electric-grid operators to step up monitoring of the potentially damaging geomagnetic activity. Solar eruptions—called …

Lawsuit Over Iowa Beef Farm in Trout Stream Watershed May Proceed

A state court judge said environmental groups may proceed with a lawsuit seeking to halt expansion of a cattle farm in northeast Iowa near a prized trout stream. Judge Michael Huppert on Monday ruled against the Iowa Department of Natural …

2nd Miami Beach Condo Evacuated After Inspection, Deemed Unsound

Dozens of residents of a five-story condominium in North Miami Beach were ordered to evacuate the building Monday after engineers found that concrete slabs had sagged beyond the amount was considered safe, and the condo was deemed structurally unsound. The …

People Moves: Alliant Promotes Arkley to President of Retail P/C Operations; Thune Lindberg Named Vice President

Alliant Insurance Services promoted Peter Arkley to president of its retail property/casualty operations. Arkley will lead Alliant’s retail P/C operation to leverage the strength of its Specialty. Arkley joined Alliant in 2011. Alliant also named Brittany Thune Lindberg vice president, …

$86M in Safety Upgrades Completed in Louisiana Parish

Louisiana’s largest power utility says it has completed $86 million in transmission system improvements in a small part of the wide area hit hard by Hurricane Ida. Entergy Louisiana said it has replaced about 80 steel structures with some that …

Appeals Court Upholds $25M Judgment Against College in Ohio

An Ohio appeals court has upheld a $25 million judgment for a business that successfully claimed it was libeled by Oberlin College in the aftermath of a shoplifting incident that roiled the historic liberal arts school and music conservatory’s campus …