June 22, 2021
Island Insurance Co. has promoted Toby Tonaki to vice president, claims. Tonaki will continue to oversee the claims division’s casualty unit. Tonaki joined Island in 2013 and has more than 25 years of litigation experience. Previous positions include law clerk …
June 22, 2021
Creditors who say they were swindled out of more than $200 million by the former owners of the liquidated CastlePoint group of insurance companies may proceed with most of the claims they made in a New York lawsuit, a California …
June 22, 2021
New Mexico’s largest city has sued companies involved in the design and construction of a rapid transit system over light fixtures that have fallen or weren’t secured. The Albuquerque Rapid Transit bus system has been plagued with problems that include …
June 22, 2021
California’s weather moderated after a long siege of extreme heat but firefighters still faced the difficult task of trying to contain a large forest fire in rugged coastal mountains south of Big Sur. The Willow Fire covered 4.4 square miles …
June 22, 2021
The “king of beers”—Budweiser— is venturing into the Canadian insurance industry with the launch of Budweiser Insurance. The major brand made its intentions known in two separate announcements. Addressing those who doubted the seriousness of the effort, Mike D’Agostini, Budweiser …
June 22, 2021
The size of wood pellet stacks and low water pressure may have contributed to a spectacular blaze that burned for days in May at a warehouse on the Georgia coast. The Brunswick News reports that Georgia Ports Authority Chief Administrative …
June 22, 2021
Berkshire Hathaway Specialty Insurance (BHSI) announced it has launched Energy and Technical Lines Casualty products in the UK and established a dedicated London-based Energy & Technical Lines underwriting team. The company’s UK Casualty Energy & Technical Lines team includes: Oliver …
June 22, 2021
Accenture has invested in Imburse, a cloud-based, payments-as-a-service enterprise platform that simplifies the way businesses access the global payments ecosystem. Financial details of the investment, which was made via Accenture Ventures, were not disclosed. Founded in Zurich, Switzerland in 2018, …
June 22, 2021
The U.S. Supreme Court on Monday allowed a U.S. Patent and Trademark Office tribunal that has gained a reputation for canceling patents to continue operating, but reined in the power of its in-house judges. The justices, in a 5-4 ruling …
June 22, 2021
The U.S. Securities and Exchange Commission (SEC) has opened a probe into last year’s SolarWinds cyber breach, focusing on whether some companies failed to disclose that they had been affected by the unprecedented hack, two persons familiar with the investigation …