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Danske Bank Faces Shareholder Lawsuit over Money Laundering Scandal
January 22, 2019
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 …

PM May Refuses to Rule Out No-Deal Brexit, but Seeks Further EU Concessions
January 22, 2019
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 …

With Shutdown, Oklahoma’s Rural Fire Departments Fear Funding Issues
January 22, 2019
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 Se …

Ohio’s David Sichko Agency Joins Smith & Leavitt Insurance Services
January 22, 2019
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 insuran …

South Dakota’s Leavitt Recreation & Hospitality Adds Williams, Jones
January 22, 2019
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, camp …

$1.4M Batman Comic Collection Stolen from Florida Storage Unit
January 22, 2019
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 …

2 Markel CATCo Execs Leave After Reserves Inquiry Unveils ‘Personal Relationship’
January 22, 2019
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 th …

Tornadoes Cause Damage in Alabama, Florida Panhandle
January 22, 2019
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 …

Researchers Looking into How Drones Can Predict Wildfire Spread
January 22, 2019
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 …

Corporate Culture, Cyber Risk Are Top of Mind for D&O Underwriters
January 21, 2019
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 audien …

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