Ardonagh’s Arachas Corporate Brokers to Acquire Glennon Insurances in Ireland August 1, 2022 Arachas Corporate Brokers Ltd., a Dublin-based subsidiary of The Ardonagh Group, announced it has reached an agreement to acquire Ireland’s...
Western U.S. Wildfires Explode in Size Amid Hot, Windy Conditions August 1, 2022 By Julie Watson and Rebecca Boone Wildfires in California and Montana exploded in size overnight amid windy, hot conditions and were quickly encroaching on neighborhoods, forcing...
Under Armour Agrees to $67.49M Settlement With UCLA August 1, 2022 Under Armour has agreed to pay UCLA $67.49 million to resolve a lawsuit filed two years ago. UCLA filed a...
Congress Wants Answers on a ‘Significant’ Cyberattack on Courts August 1, 2022 By Katrina Manson Three hostile foreign actors breached the federal courts document management system via “an incredibly significant and sophisticated” cyberattack more than...
After 20 Deaths, Connecticut Plans $20M Safety Effort to Prevent Wrong-Way Crashes August 1, 2022 Connecticut’s Bond Commission approved $20 million in borrowing Friday for the purchase of equipment designed to help prevent drivers from...
Climate Change Made Deadly UK Heat Wave at Least 10 Times More Likely: Study August 1, 2022 By Eric Roston The UK’s heat wave earlier this month fueled so many blazes in London that the city’s fire service was busier...
Global Commercial Insurance Rates Rise 9%, Continuing Moderating Trend: Marsh August 1, 2022 Global commercial insurance prices increased 9% in the second quarter of 2022 (down from an 11% increase in Q1), continuing...
Ukraine Makes 1st Grain Shipment Since Russia’s Invasion in Key Milestone August 1, 2022 By Ugur Yilmaz and Aliaksandr Kudrytski Ukraine made its first shipment of grain since Russia’s invasion, marking a small but crucial first step toward unlocking the...
Fidelis’ Credit Ratings Under Review After Announcing Plan to Create MGU: AM Best August 1, 2022 AM Best has placed under review with negative implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer...
Liberty Mutual Insurance Acquires Malaysian Insurer AmGeneral August 1, 2022 Liberty Mutual Insurance has completed the acquisition of Malaysian insurer AmGeneral Insurance Berhad, which is expected to make Liberty Mutual...