China’s Microsoft Hack, Russia’s SolarWinds Attack Threaten to Overwhelm U.S. March 10, 2021 By Ryan Gallagher, Kartikay Mehrotra and Jordan Robertson China’s global attack on Microsoft’s popular email software revealed last week and an equally sprawling Russian attack discovered three months...
Commodities Trader Mercuria Buys $36M of Copper, but Gets Cargo of Painted Rocks March 10, 2021 By Andy Hoffman Commodities trader Mercuria Energy Group Ltd. struck a deal last summer to buy $36 million of copper from a Turkish...
EU Prepares to Get Tougher on Asset Managers that ‘Greenwash’ Sustainable Credentials March 10, 2021 By Simon Jessop and Kate Abnett LONDON/BRUSSELS – For money managers and advisers keen to market their sustainable investing credentials to European clients, going green is...
The Hilb Group Acquires Rhode Island’s Compass Planners March 10, 2021 The Hilb Group LLC (THG) has acquired Rhode Island-based Compass Planners (CP). The transaction became effective on February 1, 2021....
Delaware Apartment Fire Displaces 40, Causes $1M in Damage March 10, 2021 More than 40 people have lost their home after a fire destroyed a Delaware apartment complex. The Delaware State Fire...
Tokio Marine Examines Validity of Greensill Insurance Policies Provided by Australia Unit March 10, 2021 TOKYO – Japanese insurer Tokio Marine Holdings Inc. said on Wednesday it is investigating the validity of insurance policies provided...
Marsh Names Barnes to New Global Sustainability, Climate Strategy Role March 10, 2021 Global insurance broker Marsh has appointed Amy Barnes to the newly created role of head of Sustainability and Climate Change...
Demotech Withdraws Rating of American Capital, AM Best Issues Downgrade March 10, 2021 By Amy O'Connor American Capital Assurance Corp., a Florida-based insurer focused on commercial residential and non-residential property risks, as well as flood coverage,...
More Than 2,300 Acres Burned by 24 Wildfires in Alabama March 10, 2021 Wildfires have burned more than 2,300 acres of land across Alabama in recent days, forestry officials said Monday as firefighters...
Farmers Insurance Returning to Louisiana March 10, 2021 Louisiana insurance regulators have approved rate and form filings for Farmers Insurance in advance of California-based insurer’s re-entry into the...