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News – Insurance Journal

European Union Weighs Emergency Approvals for COVID Vaccines
BRUSSELS—The European Commission said on Tuesday that it was considering emergency approvals for COVID-19 vaccines as a faster alternative to more rigorous conditional marketing authorisations which have been used so far. The move would mark a big shift in approach …

POSTED MARCH 02, 2021 3:17 PM
Oregon City Paid Ex-Police Officer $250K to Settle Lawsuit
An officer who made headlines for excessive use of force allegations and a whistleblower lawsuit resigned from the Springfield Police Department at the end of 2020. Ryan Stone and City Manager Nancy Newton signed a separation agreement on Dec. 31 …

POSTED MARCH 02, 2021 3:07 PM
10 Years After Disaster, Fukushima Nuclear Plant Operator Continues Cleanup
Tepco, the operator of Japan’s wrecked Fukushima atomic plant, said it had successfully removed spent uranium fuel from a damaged reactor building in a key step in its clean up of the site after a nuclear disaster a decade ago. …

POSTED MARCH 02, 2021 3:05 PM
California Doctor Appeared in Traffic Court Video While Performing Surgery
The Medical Board of California said it would investigate a plastic surgeon who appeared in a videoconference for his traffic violation trial while operating. The Sacramento Bee reports Dr. Scott Green appeared Thursday for his Sacramento Superior Court trial, held …

POSTED MARCH 02, 2021 3:01 PM
Alaska Companies Fined for Asbestos Violations
A man and two companies in Alaska have been sentenced to three years probation and a $35,000 fine for violating the Clean Air Act involving asbestos work at a shopping center more than five years ago, a judge said. The …

POSTED MARCH 02, 2021 2:58 PM
Reuters Exclusive: India Central Bank Seeks Limit on Banks’ Ownership in Insurers
India’s central bank wants banks to limit ownership stakes in capital intensive insurance companies at a maximum 20%, less than half of what the current regulations permit, three sources with knowledge of the discussions told Reuters. Reserve Bank of India …

POSTED MARCH 02, 2021 2:46 PM
Florida’s TypTap Attracts $100M to Expand Nationally in Flood, Homeowners Insurance
TypTap, a five-year old Florida-based writer of private market homeowners and flood insurance, has attracted $100 million in financing from investment firm Centerbridge Partners. The company plans to use the money to expand nationally. TypTap said it has obtained regulatory …

POSTED MARCH 02, 2021 2:32 PM
Two Massachusetts Men Charged Following Fatal Motorcycle Crash in New Hampshire
Two Massachusetts men were charged in federal court in Springfield in connection with falsifying driving logs, instructing others to do so and making a false statement to investigators. The charges are the result of a review of Westfield Transport Inc. …

POSTED MARCH 02, 2021 1:43 PM
Bookkeeper Sentenced for Stealing $1.5M From Two Employers
A bookkeeper has been sentenced to nearly six years in prison for embezzling more than $1.5 million from two employers, federal prosecutors said. Jessica Greenan, 42, of Barnstable, embezzled more than $1.1 million from a Cape Cod store from October …

POSTED MARCH 02, 2021 1:28 PM
Brothers Say They Set Fire in Philadelphia That Badly Damaged Stores, Homes
Two brothers admitted in court Thursday to setting fire to their hookah lounge as they struggled with business losses, causing more than $20 million in damages to a retail block in Philadelphia’s historic area. Federal prosecutors say 32-year-old Imad Dawara, …

POSTED MARCH 02, 2021 1:25 PM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Salvador Insurance Agency, Inc. confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

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