Insured Losses for 2 Recent European Windstorms Estimated at €3B-€5B: Verisk February 25, 2022 Insured losses due to wind from Winter Storms Dudley/Ylenia and Eunice/Zeynep will range between €3 billion and €5 billion (US$2.2...
Insurers Raise Costs of Shipping Through Black Sea for Vessels Still Willing to Sail February 25, 2022 By Jonathan Saul Insurers have raised the cost of providing cover for merchant ships through the Black Sea, adding to soaring rates to...
Hacking Risk Shadows U.S. Business as Russia Threatens Critics February 25, 2022 By Jack Gillum A swath of major American businesses — from major banks to utility companies — is preparing for possible cyberattacks against...
Canada’s Trucker Protests Cost Businesses Tens of Millions in Lost Sales February 25, 2022 By Julie Gordon A three-week long protest in Canada against pandemic measures that snarled trade and shuttered Ottawa’s core likely cost billions in...
Drug Distributors, J&J Agree to Finalize $26 Billion Opioid Settlement February 25, 2022 By Nate Raymond The three largest U.S. drug distributors and drugmaker Johnson & Johnson have agreed to finalize a proposed $26 billion settlement...
Maine Senate Advances Equal Rights Amendment February 25, 2022 Maine’s Senate voted Wednesday to advance a proposed amendment to the state Constitution that would prohibit discrimination based on gender,...
Palin Wants New Trial With Different Judge in New York Times Defamation Lawsuit February 25, 2022 A Manhattan judge said Wednesday that lawyers for Former Alaska Gov. Sarah Palin are seeking a new trial on her...
W. R. Berkley Corp. Agrees to Sell London Building Known as ‘The Scalpel’ for £718M February 25, 2022 W. R. Berkley Corp. announced it has agreed to sell a London real estate investment consisting of an office building...
Global Firms Shut Ukraine Operations, as They Weigh Impact of Sanctions on Russia February 25, 2022 By Jacob Gronholt-Pedersen Brewer Carlsberg, Japan Tobacco and a Coca-Cola bottler were among firms shutting factories in Ukraine on Thursday following Russia’s invasion,...
Global Aviation Industry Assesses Growing Risks of Doing Business With Russia February 25, 2022 By Jamie Freed and Allison Lampert The fallout to the global aviation industry from Russia’s invasion of Ukraine is spreading beyond the airspace closings over the...