S&P Upgrades Fairfax Operating Subsidiaries to ‘A’; Outlook Stable June 1, 2022 S&P Global Ratings raised the financial strength ratings on the core insurance and reinsurance subsidiaries of Fairfax Financial Holdings Ltd....
Florida Contractor Group Already Files Suit Challenging New AOB Fee Restrictions June 1, 2022 By William Rabb A group of contractors wasted little time in challenging the constitutionality of a law approved at the Florida Legislature’s special...
Weird Rainfall Patterns in Europe Blamed on Climate Change June 1, 2022 By Laura Millan Emissions of planet-warming greenhouse gases caused by human activities are directly responsible for long-term dry conditions in the Mediterranean basin...
Victim of New York Subway Shooting Sues Gunmaker Glock and Parent Company June 1, 2022 By Patricia Hurtado Glock Inc. and its parent company were sued by a New York City woman who was seriously injured when she...
EU Poised to Approve Sanctions Against Russia, Covering Oil, Banks and Insurance June 1, 2022 By Alberto Nardelli and Ewa Krukowska European Union ambassadors are set to approve a sixth package of sanctions over Moscow’s invasion of Ukraine, banning most Russian...
Massachusetts Gov. Baker Vetoes Immigrant Driver’s License Bill June 1, 2022 Gov. Charlie Baker vetoed a bill Friday that would allow immigrants in the country illegally to obtain state driver’s licenses...
Lloyd’s Is Working With UK, Global Regulators to Implement Russia Sanctions June 1, 2022 Lloyd’s of London, the world’s oldest insurance market, said on Wednesday that it was working closely with British and international...
Greenlight Re Invests in Insurtech That Provides Security Deposit Replacement Insurance June 1, 2022 Greenlight Re Innovations (GRI), a Cayman Islands-based subsidiary of Greenlight Capital Re Ltd., has announced an investment in Garentii GmbH,...
Iran’s Seizure of 2 Greek Oil Tankers Adds Risk to Key Shipping Route June 1, 2022 By Anthony Di Paola Iran’s seizure of two Greek oil tankers in the Persian Gulf raises the risk of further interruptions to shipments from...
Sarah Palin Loses Bid to Disqualify Judge from NY Times Defamation Trial June 1, 2022 By Luc Cohen Former Republican vice presidential candidate Sarah Palin on Tuesday lost her bid to have the judge who oversaw her unsuccessful...