Monthly Archives: <span>January 2023</span>

Acrisure Re’s Facultative Team Expands Into Poland Via Partnership With Smartt Re

Acrisure Re, the re/insurance division of top-10 global insurance broker and fintech platform Acrisure, announced that its facultative team has signed a preferred partnership broker agreement with Smartt Re, specifically for Central Eastern European (CEE) facultative business, effective immediately. Headquartered …

OSHA Fines 2 Ohio Metal Casting Facilities For Mixing Water And Molten Material

With proper training, people working in metal casting facilities know that mixing water and molten material can be a serious, if not deadly mistake, as tragic incidents at two Ohio companies in 2022 showed. On July 10, the combination of …

NRA Sues Over Illinois Two-Week-Old Ban on Semiautomatic Weapons

SPRINGFIELD, Ill. (AP) – Illinois’ two-week-old ban on semiautomatic weapons outlaws “ubiquitous” firearms in “radical” defiance of the Constitution’s Second Amendment, a federal lawsuit filed by the National Rifle Association Tuesday claims. The powerful NRA joined a parade of gun-rights …

Britain Sounds Alarm on Russia-Based Hacking Group

A Russia-based hacking group named Cold River is behind an expansive and ongoing information-gathering campaign that has struck various targets in government, politics, academia, defense, journalism, and activism, Britain said on Thursday. In an advisory, the National Cyber Security Centre …

Madison Square Garden Ban on ‘Enemy Lawyers’ Prompts Legislation, AG Inquiry

New York City’s Madison Square Garden and other sports venues would be barred from refusing entry to perceived enemies of their owners under a bill introduced to the state Legislature Monday. The proposed legislation comes after the company that owns …

Koch Industries Gets $2.5B in Dividends From Unit That Offloaded Asbestos Liability

Industrial conglomerate Koch Industries received nearly $2.5 billion in dividend payments last year from its Georgia-Pacific unit, which had spun off a subsidiary that took on its liability from asbestos litigation and then filed bankruptcy to limit lawsuit payouts, according …

Double Whammy of Insurance and Energy Costs to Trigger UK Insolvencies, PwC Warns

More than 30,000 British companies went bust last year, with accountants warning of a “double whammy” to come in April that could trigger another wave of insolvencies. Big businesses were the worst hit, according to a report published Thursday by …

Climate Tech Startup Aims to Narrow Insurance Protection Gap for Flood Risks

Flooding is the most common weather hazard globally and 83% of the damage it causes isn’t covered by insurance. A startup technology company on Thursday launched a new global flood-risk data service that its founders say will help narrow this …

Anti-Sexual Harassment Organization, Times Up, Shifts Resources to Legal Fund

The Golden Globes carpet typically glitters with crystal-studded gowns in pastel hues, but it looked different in January 2018: The ballgowns were black, and the night’s key accessory was a pin that read “Time’s Up.” Onstage, Oprah Winfrey brought guests …

Bill Would Give State Board Control of Mississippi Capital’s Troubled Water System

Jackson’s troubled water system could get a new set of owners under legislation advanced Tuesday by Republican lawmakers in Mississippi. The bill would transfer ownership to a new public entity overseen by a nine-member board, the majority of which would …