China’s global attack on Microsoft’s popular email software revealed last week and an equally sprawling Russian attack discovered three months ago have created a two-front war that threatens to overwhelm cybersecurity’s emergency responders, according to former U.S. officials and private …
Commodities trader Mercuria Energy Group Ltd. struck a deal last summer to buy $36 million of copper from a Turkish supplier. But when the cargoes started arriving in China, all it found were containers full of painted rocks. The saga …
LONDON/BRUSSELS – For money managers and advisers keen to market their sustainable investing credentials to European clients, going green is about to get a lot tougher. Under a suite of new EU finance rules due to be rolled out in …
The Hilb Group LLC (THG) has acquired Rhode Island-based Compass Planners (CP). The transaction became effective on February 1, 2021. CP is based in West Greenwich, Rhode Island and is a specialized Medicare Advantage business led by Jim Soucy. Soucy …
More than 40 people have lost their home after a fire destroyed a Delaware apartment complex. The Delaware State Fire Marshal’s office says the fire occurred around 4 a.m. Sunday at the Valley Run Apartments in Claymont near the Pennsylvania …
TOKYO – Japanese insurer Tokio Marine Holdings Inc. said on Wednesday it is investigating the validity of insurance policies provided by its Australian unit to speciality finance firm Greensill. Greensill filed for insolvency on Monday after losing insurance coverage for …
Global insurance broker Marsh has appointed Amy Barnes to the newly created role of head of Sustainability and Climate Change Strategy. Barnes will relocate to London later this year from Houston, Texas, and report to Lucy Clarke, president, Marsh JLT …
American Capital Assurance Corp., a Florida-based insurer focused on commercial residential and non-residential property risks, as well as flood coverage, had its Demotech rating withdrawn and was downgraded by AM Best. Demotech announced March 5 that it had withdrawn American …
Wildfires have burned more than 2,300 acres of land across Alabama in recent days, forestry officials said Monday as firefighters battled two dozen blazes statewide. Fire charred 560 acres in St. Clair County, and two 400-acre fires burned in Cullman …
Louisiana insurance regulators have approved rate and form filings for Farmers Insurance in advance of California-based insurer’s re-entry into the Louisiana market. The Louisiana Department of Insurance reported that Farmers is returning to the Louisiana market in March with auto, …
