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Ukraine Says It Detained Grain Ship From Russia’s ‘Shadow Fleet’
Kyiv detained a ship it says was part of Moscow’s “shadow fleet” which illegally exports grain from areas of Ukraine occupied by Russian forces. A dry cargo ship was detained in Ukrainian territorial waters as it headed from Moldova along …
POSTED APRIL 28, 2025 8:47 AM |
Mediobanca Makes €6.3 Billion Offer for Generali’s Wealth Arm
Mediobanca launched a surprise €6.3 billion ($7.2 billion) offer for the wealth management arm of Italian insurer Assicurazioni Generali SpA, opening a potential defense strategy for the Milan-based bank amid Italy’s intensifying deal wave. Mediobanca, which itself is facing a …
POSTED APRIL 28, 2025 8:21 AM |
Uvalde Approves $2M Settlement for Families of Elementary School Shooting Victims
City leaders in Uvalde, Texas, approved a $2 million settlement for families of the victims of the 2022 Robb Elementary School shooting, marking the first time one of the myriad lawsuits has led to financial compensation. Attorneys for the families …
POSTED APRIL 28, 2025 8:00 AM |
Viewpoint: Turning the Embedded Insurance Challenge Into an Opportunity
Would you like pet insurance with your juvenile ball python, Ma’am? Until relatively recently, that kind of additional purchase came only after settling the scaly friend safely in its new terrarium at home. But with the growth of e-commerce, insurance …
POSTED APRIL 28, 2025 5:57 AM |
Health Officials Seek to Phase Out Artificial Dyes From the Food Supply
U.S. health officials say they will urge foodmakers to phase out petroleum-based artificial colors in the nation’s food supply, but stopped short of promising a formal ban and offered few specifics on how they intended to achieve the sweeping change. …
POSTED APRIL 28, 2025 5:05 AM |
Did Florida House ‘Sneak’ Attorney Fee Wording Into Phosphate Mine Bill?
A late amendment to a phosphate mine bill has set off alarm bells among some in the Florida insurance industry, with concerns that it could cut out the heart of 2022 and 2023 legislative changes that disincentivized excessive claims litigation. …
POSTED APRIL 28, 2025 5:01 AM |
Risk Strategies Acquires Texas’ GMC Advisors
Risk Strategies announced that it has acquired GMC Advisors, LLC., based in Houston, Texas. Terms of the deal were not disclosed. Headed by owner Greg Chubon, GMC Advisors is a specialist in commercial lines insurance products, with a focus on …
POSTED APRIL 28, 2025 5:00 AM |
New York High Court Unleashes Expanded Liability for Pet Owners
Dog and other pet owners and insurers in New York are now exposed to increased risk of liability in the wake of a Court of Appeals ruling that allows an injured party to bring a ordinary negligence claim against a …
POSTED APRIL 28, 2025 5:00 AM |
Call Center Workers’ Comp Fraud Scheme Targeting Spanish-Speakers Leads to Charges
Four individuals, including attorneys, were charged after an investigation reportedly revealed a large-scale workers’ compensation fraud scheme allegedly targeted Spanish-speaking workers and involved the illegal sale of more than 1,100 clients generating more than $550,000 in unlawful referral fees. The …
POSTED APRIL 28, 2025 5:00 AM |
People Moves: Health and Wellness Specialist Hood Joins Alliant Insurance Services
Megan Hood joined Alliant Insurance Services as vice president within its employee benefits group. Based in San Francisco, Hood will predominantly serve mid-sized and large tech employers in Northern California and nationwide. Before joining Alliant, Hood was director of health …
POSTED APRIL 28, 2025 5:00 AM |
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