News

Environmental Groups Sue TotalEnergies Over Climate Marketing Claims

A group of environmental organizations has filed a lawsuit in France against the country’s largest energy company TotalEnergies, accusing it of misleading consumers about its efforts to fight climate change. The claim, which has been served on TotalEnergies and was …

People Moves: Lockton Hires Starr Cos.’ Shephard for Aviation; Arch Promotes Bonneau; AXA XL Names Zhou, Lui as Energy U/Ws in Canada

This edition of International People Moves details appointments at Lockton, Arch Insurance International and AXA XL. A summary of these new hires follows here. Lockton Hires Starr Cos.’ Shephard for Aviation Lockton announced the appointment of Carl Shephard has been …

Washington Insurance Commissioner Accused of Mistreating Staff

Washington state Insurance Commissioner Mike Kreidler is facing allegations that he verbally mistreats staff and has grown increasingly volatile in recent months, leading to high turnover in the office. The Northwest News Network reported that a top staffer, legislative director …

Nevada Utility to Inspect Power Lines Near 2020 Reno Wildfire

Nevada’s largest utility plans to inspect power lines near a Reno neighborhood where a 2020 wildfire destroyed five homes and damaged two dozen others, a blaze that investigators blamed on arching power lines in gale force winds along the Sierra’s …

Insurers Urged to Stress Test Cyber Portfolios for Russian Attack Potential

Cyber risk and analytics firm CyberCube said it has seen cyber attacks on Ukrainian government services, infrastructure, and other industries and it urges the insurance industry to reevaluate exposures. Russia’s invasion of Ukraine “will undoubtedly push the boundaries of acceptable …

Japan’s Top Court Orders Damages of $12M for Fukushima Victims in Landmark Decision

Japan’s Supreme Court upheld an order for utility Tokyo Electric Power (Tepco) to pay damages of 1.4 billion yen ($12 million) to about 3,700 people whose lives were devastated by the Fukushima nuclear disaster, the first decision of its kind. …

Florida Panhandle Wildfire Forces Evac of Areas Still Recovering from Hurricane Michael

Hundreds of residents near Panama City, Florida, were forced to evacuate from a wildfire that destroyed at least two homes and damaged others in an area still recovering from Hurricane Michael in 2018. Local news sites reported officials said that …

MedMal Direct Names Hammett CEO

MedMal Direct Insurance Co., a direct-to-physician medical professional liability insurer based in Jacksonville, Florida, has named Marc Hammett president and CEO. Hammett, who has recently served as chief financial officer of the company and president of sister company Physicians Trust …

Biden Ends Forced Arbitration for Sexual Assault, Harassment

President Joe Biden on Thursday gave victims of workplace sexual assault or harassment the right to seek recourse in a court of law instead of through forced arbitration proceedings. Biden signed into law the Ending Forced Arbitration of Sexual Assault …

Judge Approves Fix to Stem Race Bias in NFL Concussion Deal

Black retired football players who were denied payments for dementia in the NFL’s $1 billion concussion settlement can seek to be retested or have their claims rescored to eliminate racial bias in the testing and payout formula, under a revised …

News Archives by Month