VW Claims Costs in U.S. for Emissions Scam Top $17 Billion with More to Come December 21, 2016 By David Shepardson Volkswagen AG has agreed to a $1 billion settlement to fix or buy back another 80,000 polluting diesel vehicles sold...
Twitter, Google, Facebook Sued by Orlando Shooting Victims’ Families December 21, 2016 By Brendan O'Brien The families of three men killed at Orlando’s Pulse gay nightclub have sued Twitter Inc., Alphabet Inc.’s Google and Facebook...
Hamilton Underwriting Appoints Novae’s Holland as Claims Director December 21, 2016 Hamilton Underwriting Ltd., the managing agency of Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, has appointed Peter...
Zhongan Online P&C Insurance Pulls H.K. IPO Plans; China Listing Eyed: Sources December 21, 2016 By Lulu Yilun Chen and Prudence Ho Zhongan Online P&C Insurance Co. scrapped plans for an initial public offering in Hong Kong or the U.S. and is...
Canada to Ban All Products Containing Asbestos by 2018 December 21, 2016 Canada is moving to ban all products containing asbestos by 2018. The comprehensive ban will include construction materials and brake...
Europe’s Insurers, Pensions Seek Higher Yields via Infrastructure Investments December 21, 2016 By Oliver Suess Europe’s pensions and insurers, seeking returns in infrastructure deals after asset purchases by the European Central Bank gutted yields on...
German Police Resume Hunt for Killer in Christmas Market Terrorist Attack December 21, 2016 By Patrick Donahue and Karin Matussek German investigators intensified their search for the perpetrator of a deadly truck assault on a Christmas market in Berlin after...
XL Catlin Launches Active Assailant, Terrorism Threat Coverage December 21, 2016 XL Catlin’s has launched Active Assailant, Loss of Attraction and Threat (ALT) insurance coverage to respond to the impact of...
CNA Appoints Riza VP, Corporate Development December 21, 2016 Chicago-based CNA has appointed Emma Riza to vice president, Corporate Development. In this role, Riza will be responsible for a...
Report: Eastern Kentucky Sees Spike in Severe Black-Lung Cases December 21, 2016 A spike in serious black-lung cases in eastern Kentucky indicates that a disease lawmakers hoped to eradicate decades ago continues...