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Danske Bank Faces Shareholder Lawsuit over Money Laundering Scandal
Litigation funder IMF Bentham has teamed up with legal experts Quinn Emanuel and Njord Law Firm and plans to file a shareholder lawsuit against Danske Bank by July over a 200 billion euro ($230 billion) money laundering scandal. IMF’s European …

POSTED JANUARY 22, 2019 10:35 AM
PM May Refuses to Rule Out No-Deal Brexit, but Seeks Further EU Concessions
British Prime Minister Theresa May sought to break the parliamentary deadlock over Brexit on Monday by proposing to seek further concessions from the European Union on a plan to prevent customs checks on the Irish border. With little time left …

POSTED JANUARY 22, 2019 8:46 AM
With Shutdown, Oklahoma’s Rural Fire Departments Fear Funding Issues
Oklahoma officials anticipate problems with funding the state’s rural firefighting services if the partial federal government shutdown persists. The Oklahoma Department of Agriculture’s forestry division received communication from the U.S. Forest Service not to suspend any activities on some of …

POSTED JANUARY 22, 2019 7:38 AM
Ohio’s David Sichko Agency Joins Smith & Leavitt Insurance Services
Columbus, Ohio-based David Sichko Agency has affiliated with Smith & Leavitt Insurance Services and will now do business as Leavitt Group Midwest-Smith, Molino & Sichko, the companies said. The agency will continue to offer Nationwide insurance products. The affiliation will …

POSTED JANUARY 22, 2019 6:54 AM
South Dakota’s Leavitt Recreation & Hospitality Adds Williams, Jones
Vance Williams and Mike Jones have joined Leavitt Recreation & Hospitality Insurance (LRHI) in Sturgis, S.D., the company reported. Both Williams and Jones will focus on commercial insurance for the recreational industry, including RV parks, campgrounds, trailer parks, hunting preserves, …

POSTED JANUARY 22, 2019 6:46 AM
$1.4M Batman Comic Collection Stolen from Florida Storage Unit
A Florida man is reaching out to the comic-collecting community, hoping to reclaim nearly 450 valuable comic books that were recently stolen. The Sun Sentinel reports that Randy Lawrence posted on social media last week that his registered Batman and …

POSTED JANUARY 22, 2019 6:13 AM
2 Markel CATCo Execs Leave After Reserves Inquiry Unveils ‘Personal Relationship’
Markel Corp. has reported that Anthony Belisle, Markel CATCo chief executive officer, and Alissa Fredricks, Markel CATCo chief executive officer for Bermuda, are no longer with the company following the disclosure of a “personal relationship” that the insurer said violated …

POSTED JANUARY 22, 2019 6:00 AM
Tornadoes Cause Damage in Alabama, Florida Panhandle
Homes, businesses, government offices and churches were among the buildings badly damaged or demolished when tornadoes struck central Alabama over the weekend. The severe weather hit Saturday and another tornado was reported later that evening at an air base in …

POSTED JANUARY 22, 2019 5:30 AM
Researchers Looking into How Drones Can Predict Wildfire Spread
A University of Missouri researcher is teaming up with scholars in Kansas and Georgia to develop drone technology to monitor and potentially predict the spread of wildfires. The $1.2 million research project that began last month aims to use unmanned …

POSTED JANUARY 22, 2019 1:45 AM
Corporate Culture, Cyber Risk Are Top of Mind for D&O Underwriters
Transparency and culture awareness were the key takeaways from a panel discussion on top directors and officers’ claims trends that took place at this year’s Professional Liability Underwriting Society (PLUS) annual conference in San Diego. An audience poll at the …

POSTED JANUARY 21, 2019 6:00 AM

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