The lawsuit alleges that senior Christian Brothers transferred members with a known history of physical and sexual abuse from the Mount Cashel Orphanage in St. John’s, N.L., to Vancouver College and St. Thomas More between the mid‑1970s and early 1980s, where further abuse is alleged to have occurred. Six Christian Brothers, including Edward English, were moved to the two schools after abuse at Mount Cashel was reported to authorities in Newfoundland in the 1970s. Several of those transferred were later convicted in connection with offences at the orphanage. The Christian Brothers order itself is not a defendant in the B.C.…
Author: Awais
In states that have long refused to expand Medicaid to more low-income adults, people in the program aren’t subject to new rules under the One Big Beautiful Bill Act requiring them to prove they’re working in order to get and keep coverage. That’s not stopping Florida lawmakers from trying to adopt Medicaid work requirements anyway. It’s the only legislative body in a nonexpansion state to even consider it so far. “You need to go to work if you want your friends and neighbors to pay for your health care,” said state Sen. Don Gaetz, the Republican sponsor of a Medicaid…
With severe convective storms (SCS) having emerged in recent years as a significant catastrophe peril in the United States, SCS-focused cat bonds may offer a compelling opportunity for both re/insurers and insurance-linked securities (ILS) investors as the frequency and exposure of the peril continues to expand, according to Acrisure Re.In a recent report released by the reinsurance brokerage, analysts note that over the past decade, severe convective storms have accounted for half of global insured losses from secondary perils, with hail representing most of those losses. “In the United States, the frequency of loss‑generating SCS events has shown a persistent…
Live Nation Entertainment has reached a proposed settlement with the U.S. Justice Department in an antitrust case targeting its dominance in the live‑events industry, according to a court hearing on Monday. In the same hearing, it was disclosed that Live Nation is also in talks with state attorneys general to secure a broader, global resolution of related state‑level antitrust claims. Shares of the California-based company are up about 6%. Live Nation, Ticketmaster and the DOJ did not immediately respond to Reuters’ requests for comment. The development throws the case into chaos in the middle of what was to be a…
Authorities searched through rubble and debris in southern Michigan on Saturday after suspected tornadoes tore through the region and killed four people, including a 12-year-old boy, during powerful storms also blamed for two deaths in eastern Oklahoma. First responders from multiple agencies in the Union Lake area near Union City looked for more possible victims and worked to clear roads, authorities said. Photos and videos posted on social media showed flattened homes and downed trees in a lakeside neighborhood. The National Weather Service said an initial assessment confirmed that an EF3 tornado with winds of at least 150 mph (241…
A viral image from the March 1 shooting in downtown Austin — an autonomous vehicle blocking an ambulance from reaching the scene where a gunman fatally wounded three people and injured 15 others — has put a spotlight on driverless cars as they hit the streets in more major Texas cities. A video widely circulated on social media shows a Waymo vehicle blocking the street as paramedics try to reach the scene of the shooting at Buford’s, in the city’s nightlife district on West 6th Street, forcing the ambulance driver to seek another route. “This is why we should not…
Insurance Business is looking for the top-performing BDMs in the country
Ohio Attorney General Dave Yost last week filed a lawsuit against a contractor accused of soliciting Northeast Ohio residents for new roofs and siding replacement, only to ghost customers after accepting over $188,000 in payments. The lawsuit, filed on March 5 in Cuyahoga County, alleges that defendants Renato Perez and Andre Kinduelo of Virginia-based CMN Group descended on Northeast Ohio in August 2024 after the region was hit by powerful storms. The defendants offered exterior home-repair services in storm-damaged areas and promised they would work with the consumers’ insurance companies to obtain a new roof and/or siding as an insurance…
After 45 years under the name The Plateau Group, the Tennessee-based multi-line insurer now has a new name: Lumos Insurance. The rebranding is the culmination of a multi-year modernization effort on corporate governance and capitalization, the company said in a news release this week. The firm, one of the few carriers to offer property insurance as well as life and health products, has focused for years on specialty property-casualty programs, credit protection, warranty programs, and senior-oriented life and supplemental health products, across the country. Lumos is now poised to expand its reach into other areas. “Lumos is a new name…
This edition of International People Moves details appointments at AXA XL, Aon Reinsurance, and Berkshire Hathaway Specialty Insurance (BHSI). A summary of these new hires follows here. AXA XL Taps QBE’s Weaver as Head of Energy, UK & Lloyd’s AXA XL has appointed Sebastian Weaver as head of Energy, UK & Lloyd’s. Based in London, he starts his role in the third quarter of 2026. Weaver will be responsible for developing, executing and managing the underwriting strategies for AXA XL’s UK & Lloyd’s energy business, focusing on profitable growth, effective risk management and market development. Weaver joins AXA XL from…
“For freight brokers, that often includes thorough carrier vetting and, in some cases, verification of the individual driver assigned to a shipment,” she said. “For warehouses and distribution facilities, insurers want to understand pickup protocols. Facilities should confirm the identity of drivers and companies collecting cargo rather than relying solely on shipping documents, which could potentially be altered.”
The U.S.-Israeli war with Iran is rattling businesses worldwide, driving up energy prices, squeezing supplies of critical raw materials and raising questions about the reliability of trade routes critical to the flow of goods from food to car parts. Below are the main disruptions so far: Travel Chaos The war has closed much of the region’s airspace and crippled Dubai and Doha airports, two of the world’s busiest transit hubs, stranded tens of thousands of passengers and forced airlines to cancel about 40,000 flights–the travel industry’s biggest disruption since the COVID-19 pandemic. Read more: Travelers Stranded by War Learn Insurance…
A construction worker who was permanently disabled on the job has been denied workers’ compensation coverage for cannabis-infused edibles prescribed by his doctor. The Second Circuit Court of Appeals has upheld the denial on the grounds that marijuana’s classification as a Schedule I substance under the Controlled Substances Act (CSA) means that the edibles have “no accepted medical use” under the Longshore and Harbor Workers’ Compensation Act (LHWCA). Federal law “categorically bars marijuana from being deemed a reasonable and necessary medical expense for purposes of the LHWCA,” the Second Circuit court ruled. Luis Peña Garcia, a resident of Puerto Rico,…
The parent company of Southern California Edison won the dismissal of a lawsuit alleging it defrauded shareholders prior to the January 2025 Los Angeles-area wildfires by assuring it had significantly reduced the risk of losses from such catastrophes. Shareholders accused Edison International of being “structurally unable” to address extreme weather events and safely implement its Public Safety Power Shutoff program, a last-resort measure to shut down power lines when fire risks grow too high. Related: State Farm’s 17% California Homeowners Rate Hike to Remain Under New Agreement The shareholders also said Edison falsely promised that the program, together with hardening…