Yearly Archives: <span>2023</span>

Greenlight Re Invests in Minnesota-Based Vertical Insure

Greenlight Capital Re, through its Greenlight Re Innovations, announced an investment in Vertical Insure, Inc., a Minneapolis, Minnesota-based embedded insurance program. Vertical Insure addresses distribution inefficiencies by embedding insurance vertical Software as a Service (SaaS) platforms. Vertical Insure works with …

First Sweeping Federal Gun Crime Report in 20 Years Released

The most expansive federal report in over two decades on guns and crime shows a shrinking turnaround between the time a gun was purchased and when it was recovered from a crime scene, indicating firearms bought legally are more quickly …

Crash Averted at Austin, Tx. Airport; FAA, NTSB to investigate

AUSTIN, Texas (AP) – A FedEx cargo airplane attempting to land at Austin-Bergstrom International Airport on Saturday had to reverse course after a second plane was cleared to depart from the same runway, according to the Federal Aviation Administration. “The …

Zurich Insurance Leads Series B Fundraise for Cyber Insurtech BOXX Insurance

BOXX Insurance, the Toronto-headquartered insurtech that combines cyber insurance and security, announced a US$14.4 million Series B funding round, led by Zurich Insurance Co. Ltd. This latest funding round brings the total amount raised from investors in the past 16 …

People Moves: Howden Tiger Taps Carpenter’s Smith, Aon’s Walsh for Casualty; Aon Promotes Alcott to UK Chief Commercial Officer; Miller Hires Keeping as Head of P/C

This edition of International People Moves details appointments at the brokers Howden Tiger, Aon and Miller. A summary of these new hires follows here. Howden Tiger Taps Carpenter’s Smith, Aon’s Walsh for Casualty Division Howden Tiger, the reinsurance arm of …

Colorado Nursing Home Worker Acquitted in Death of Alzheimer’s Victim Left in Heat

One of three assisted living facility workers prosecuted in the death of an 86-year-old woman with Alzheimer’s disease left outside in 100-degree heat has been acquitted. Jurors found Jenny Logan, 52, not guilty of one count of negligent homicide and …

Code Inspections Conducted on Dozens of Rental Units Following Fatal Las Vegas Fire

Code enforcement inspections of more than 30 aging multi-unit and extended-stay properties in Las Vegas, spurred by the city’s deadliest residential fire in history, has been completed. City officials this week released the findings of the first year of the …

24 Models Sue 3 Insurers to Collect on $2M Deals With Strip Clubs Over Use of Photos

A group of 24 models is suing three insurers to collect more than $2 million in settlements stemming from the unauthorized use of their images by several strip clubs in the Northeast. The models, including Tara Leigh Patrick (also known …

Hundreds of Shipping Containers Ablaze at Turkey’s Iskenderun Port; Operations Halted

Hundreds of shipping containers were ablaze at Turkey’s Iskenderun Port on Tuesday, shutting down operations and forcing freight liners to divert vessels to other ports. Turkey’s maritime authority said on Monday that the port, located on the Mediterranean coast in …

Rhode Island AG Reaches Lead Abatement Agreements With 4 Landlords

The owners of four Rhode Island lead-contaminated properties have agreed to fix the problems and pay fines that combined total more than $700,00 in value, the state attorney general’s office announced last week. In all four cases —three in Providence …