Investor Group, Unions Push Hyundai to Address Child Labor at U.S. Suppliers October 19, 2022 By Mica Rosenberg and Kristina Cooke A group that works with union pension funds is pressing Hyundai Motor Co to respond to reports of child labor...
Arch Capital Estimates Q3 Catastrophe Losses Could Hit $560 Million October 19, 2022 Arch Capital Group Ltd., the Bermuda-based re/insurer, reports that its 2022 third quarter results will be negatively affected by claims...
New York’s $4.5M Cybersecurity Settlement with EyeMed Bars Insurance Recovery October 19, 2022 By Andrew G. Simpson Health insurance company EyeMed Vision Care LLC will pay a $4.5 million penalty to New York State for violations of...
Hurricane Fiona Breaks New Records in Atlantic Canada With Insured Damage of C$660M October 19, 2022 Hurricane Fiona is estimated to have caused C$660 million (US$436.8 million) in insured damage, according to the Insurance Bureau of...
Nine Injured in Connecticut When Train Hits Tractor-Trailer Stopped in Crossing October 19, 2022 A commuter train hit a tractor-trailer Monday whose operator had driven to a rail crossing after leaving the scene of...
Bank of England and City of London Square Off Over Financial Services’ Reforms October 19, 2022 By Huw Jones A plan to give the British government power to override watchogs would raise “serious concerns” about the ability of regulators...
Brexit Results in ‘Substantial Negative Impact’ on Trade Between UK and EU: Report October 19, 2022 By Morwenna Coniam Brexit resulted in a “substantial negative impact” for trade in both directions between the European Union and the UK, according...
People Moves: Lockton Re Taps CyberCube’s Brew for London Cyber Practice; Howden Hires Tysers Godfrey for Equine Division; Carpenter’s Delegated Authority Unit Hires 3 October 19, 2022 This edition of International People Moves details appointments at three brokers: Lockton Re’s Cyber Practice, Howden’s Equine division and Guy...
Australian Insurer Medibank Says Hackers Claim to Have Stolen Customer Data October 19, 2022 Australia’s Medibank Private Ltd. said on Wednesday an unnamed hacker group had contacted it negotiate about customer data it claimed...
EU’s Sanctions Against Russia Could Deprive Some of World’s Tanker Fleet of Insurance October 19, 2022 By Alberto Nardelli, Christopher Condon and Alaric Nightingale The European Union’s latest sanctions on Russian petroleum could end up depriving a swath of the world’s tanker fleet of...