Princess Cruise Lines Pleads Guilty to Probation Violation in Waste Dumping Case January 14, 2022 Princess Cruises has pleaded guilty Wednesday to violating its probation related to previous environmental crimes. Company officials signed a plea...
What the Supreme Court Justices Said in Blocking OSHA’s COVID-19 Workplace Rule January 14, 2022 By Andrew G. Simpson The Supreme Court yesterday blocked the Biden Administration from implementing an order requiring businesses with more than 100 employees to...
Generali’s Boardroom Battle Escalates With Resignation of No. 2 Investor January 14, 2022 By Stefano Bernabei, Gianluca Semeraro and Claudia Cristoferi A boardroom battle at Generali has escalated after the No.2 investor in Italy’s biggest insurer resigned from the board in...
People Moves: Everest Re Promotes Klinger to Lead Int’l Reinsurance; HDI Global Hires Chubb’s Carberry as Head of U/W, Ireland; HSBC’s Rutherford to Aon’s UK FI Team January 14, 2022 This edition of International People Moves details appointments at Everest Re, HDI Global and Aon. A summary of these new...
Teenaged Cyber Prodigy Stumbles Onto Software Flaw Letting Him Hijack Teslas January 14, 2022 By Jordan Robertson and Monica Raymunt David Colombo, a 19-year-old cybersecurity researcher in Germany, came upon the biggest discovery of his young career by accident. He...
Indianapolis Denies FedEx Shooting Victims’ $2 Million Payout Request January 14, 2022 The city of Indianapolis effectively denied a request for over $2 million in compensation made by three members of the...
Container Shipping Giant Maersk Speeds Up Decarbonization Target by a Decade January 14, 2022 COPENHAGEN – Container shipping giant A.P. Moller-Maersk now plans to achieve net zero emissions in its business by 2040, a...
LIC Could Begin Issuing Public Shares for India’s Biggest IPO by Mid-March: Sources January 14, 2022 By Aftab Ahmed and Nupur Anand Life Insurance Corp. (LIC), India’s largest insurer, could publish key details of its mammoth initial public offering (IPO) this month...
Canada’s Insured Catastrophe Losses Exceed C$2 Billion in 2021: CatIQ January 14, 2022 Canada’s total insured catastrophe losses were C$2.04 billion (US$1.63 billion) to date, landing the year in the top five loss...
In Fireworks Factory Explosion, James River Must Defend Owners, Court Says January 14, 2022 By William Rabb A federal appeals court has found that an insurance carrier has a duty to its policyholders in wrongful death and...