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

Canada’s Westland Insurance Acquires Broker RiskTech From Excel

Westland Insurance announced that it has acquired the Edmonton brokerage RiskTech Insurance Services as of January 1. Risk Tech was a member of Excel Insurance Group. It specializes in serving large and mid-market commercial risks and complements Westland’s existing commercial …

Averted Plane Crash at New York Airport Under Investigation

Officials are investigating a close call at a New York airport Friday night between a plane that was crossing a runway and another that was preparing for takeoff. “(Expletive)! Delta 1943, cancel takeoff clearance! Delta 1943, cancel takeoff clearance!” an …

New Jersey Home Explosion Injures 5 Firefighters

POMPTON LAKES, N.J. (AP) — A New Jersey house where smoke had been reported exploded with volunteer firefighters inside, injuring five of them and sending two to a hospital for treatment of burns, authorities said. The Pompton Lakes Volunteer Fire …

Fund Groups Warn Against EU Idea of Legally Defining ‘Greenwashing’

LONDON, Jan 16 (Reuters) – European Union regulators should not define greenwashing in law, fund industry groups have told the bloc’s markets watchdog, citing concerns this would complicate a sector in “constant flux.” Trillions of dollars have flowed into investments …

Japan Indicates Delay of Fukushima Plant Water Release

Japan has revised the timing of a planned release to the sea of treated but still radioactive wastewater at the Fukushima nuclear power plant to “around spring or summer,” indicating a delay from the initial target of this spring, after …

Nepal Locates Black Boxes of Aircraft After Deadliest Crash in 30 Years

KATHMANDU, Jan 16 (Reuters) – Searchers found the cockpit voice recorder and flight data recorder on Monday from a passenger flight that crashed, killing at least 70 people in Nepal’s worst plane accident for 30 years, officials said. The data …

Exclusive Remedy Bars Uninsured Motorist Coverage for Crash — S. Carolina High Court

If Stephany Connelly had not been working, she may have been entitled to collect up to $350,000 in uninsured motorist benefits because of the injuries she suffered from a 2015 car crash. But she was working at the time of …

Hub Acquires Michigan’s Grace & Porta Benefits

Hub International Limited (Hub) has acquired the assets of Grace & Porta Benefits, Inc. (Grace & Porta Benefits). Located in Brighton, Michigan, Grace & Porta Benefits is an independent agency specializing in employee benefits consultation. Jon Porta, President/CEO, Travis Porta, …

Former California Insurance Agent Arrested for Allegedly Stealing $90K

Sally Nava Kanarek, 76, of Huntington Beach, was arrested this week on multiple felony counts of financial elder abuse, grand theft of an elder, and forgery after a California Department of Insurance investigation found she allegedly defrauded an elderly client …

Donald Trump’s Company Sentenced to Pay $1.61M Penalty for Tax Fraud

A New York judge on Friday sentenced Donald Trump’s namesake real estate company to pay a $1.61 million criminal penalty after it was convicted of scheming to defraud tax authorities for 15 years. Justice Juan Merchan of the Manhattan criminal …