Lloyd’s Gets to Keep $3 Million Because FDIC Waited Too Long to Collect August 25, 2020 Lloyd’s of London does not have to pay the U.S. government’s Federal Deposit Insurance Corp. $3 million in judgment interest...
Taiwan Claims Alibaba-Linked Site Is Cyber Security Risk August 25, 2020 Taiwan declared an e-commerce platform linked to China’s Alibaba Group a potential security risk and has told its operator to...
Storm Damages New Hampshire Cottages, Creates Waterspout Over Lake August 25, 2020 A strong storm damaged vacation cottages on New Hampshire’s Lake Winnipesaukee Saturday. The fast-moving system brought strong winds and heavy...
Maryland County Washing Away, Residents Face Hard Choices August 25, 2020 By Scott Dance High tides surging from a narrow creek destroyed the car Kathy Blake once parked in her gravel driveway here. Over...
Conn. Offers Coverage Guidance Due to Power Outages After Tropical Storm Isaias August 25, 2020 In the aftermath of Tropical Storm Isaias, Connecticut Governor Ned Lamont and Insurance Commissioner Andrew N. Mais are reminding policyholders...
Lloyd’s Appoints Canal’s Bond as U.S. Head of Claims August 25, 2020 Lloyd’s of London has named Carey Bond as U.S. head of Claims, a newly created role that stems from the...
Insurance Run-Off Specialist Marco Capital Acquires British Reserve from Allianz August 25, 2020 Newly-launched insurance run-off specialist Marco Capital Holdings said it has agreed to purchase British Reserve Insurance Co. Ltd., a UK...
Sierra Leone Residents’ Damages Suit Against Miner Is Part of Activist Trend August 25, 2020 By Cooper Inveen FREETOWN – At the foot of a slag heap some 40 meters high, Adi Kalie Bangura showed the black welts...
Judge Dismisses Shareholder Lawsuit Against Danske Bank and Officers August 25, 2020 By Jonathan Stempel A U.S. judge on Monday dismissed a lawsuit accusing Denmark’s Danske Bank A/S and four former top executives of defrauding...
Alibaba’s Ant Group Files for Dual Listing; Could Be World’s Largest IPO Ever August 25, 2020 By Julie Zhu Ant Group, Alibaba’s fintech arm and China’s dominant mobile payments firm, filed for a dual listing in Hong Kong and...