Cyber Insurers Seeing Surge in Interest by Energy Companies Since Pipeline Attack May 28, 2021 By Laura Sanicola U.S. energy companies are scrambling to buy more cyber insurance after this month’s attack on Colonial Pipeline disrupted the U.S....
Australia Weighs Capping Fees for Litigation Funders, Lawyers as Class Actions Surge May 28, 2021 By Paulina Duran SYDNEY – Australia is considering capping fees for litigation funders and lawyers, and guaranteeing a minimum rate of return for...
COVID Takes Big Bite from Multiline Insurers’ Earnings, in ‘Manageable’ Event: S&P May 28, 2021 By L.S. Howard The COVID-19 crisis cost 16 global multiline insurers about $8 billion in 2020, although they still reported substantial net profit...
Ford Halts Production at Southern India Plant as COVID-19 Cases Surge May 28, 2021 By Sudarshan Varadhan CHENNAI – Ford Motor Co. said it will halt production at its car plant in India’s southern state of Tamil...
Suez Canal Blames Container Ship’s Grounding on Its High Speed, Size of Rudder May 28, 2021 By Aidan Lewis ISMAILIA, Egypt – The container ship that got stuck in the Suez Canal in March was struggling to steer because...
Experts Say Texas Is Missing Chance to Avert Deadly Blackouts May 28, 2021 By Paul J. Weber Elzie Ford lost power in his freezing home for nearly a week during February’s catastrophic blackouts in Texas. By the...
Texas Asks Feds for $750M More in Harvey Relief Funds May 28, 2021 By Reese Oxner, The Texas Tribune Texas Land Commissioner George P. Bush said he is requesting $750 million in federal funds to be sent directly to...
Critics Decry New North Dakota Asbestos Law; Urge Screenings May 28, 2021 By James MacPherson Labor unions and veterans groups are urging North Dakotans who may have been exposed to asbestos to get screened before...
Internet Groups Warn Against Including Liability Shield in Trade Deals May 28, 2021 By Anna Edgerton A coalition of internet accountability groups is warning the Biden administration against including liability protections for tech companies in future...
New Insurtech Advisor Insurance to Target Risks of Wealth Managers May 28, 2021 K2 Placements and Wealth Advisor Growth Network (WAGN) have partnered on an insurtech platform for wealth managers buying business insurance...