2 Still Missing in Colorado Wildfire; Cause Under Investigation January 4, 2022 By Thomas Peipert Search teams looked for two missing people in the smoldering debris from a massive Colorado wildfire while people who escaped...
Global Re Must Pay Litigation Costs Beyond Policy Limits, Federal Appeals Court Holds January 4, 2022 A federal appeals court has upended case law for reinsurers in New York, declaring that policy limits don’t extend to...
People Moves: Sterling Becomes RIMS President; Hughes Becomes President of Kimball Hughes PR; Hampshire Heads CPCU Leadership Council January 4, 2022 RIMS Introduces 2022 Officers and Directors Patrick Sterling will lead RIMS, the risk management society, as president for the 2022...
COVID-19 Claims of $44B Are 3rd Largest Catastrophe Loss: Howden January 4, 2022 Insured losses of $44 billion from COVID-19 so far represent the third largest cost to insurers of any catastrophe, behind...
How to Create a Hybrid Workplace and Office Culture January 4, 2022 By Kelsey Sheehy Businesses figured out how to work remotely on the fly when COVID-19 rapidly disrupted their ways of working. Those planning...
UK Broker Aston Lark Acquires Mainstay Insurance January 4, 2022 Aston Lark, the London-based insurance broker that is soon to become part of Howden, announced the acquisition of UK broker...
Verizon, AT&T Agree to 2-Week Delay in 5G Deployment January 4, 2022 By David Shepardson Verizon Communications and AT&T Inc. said late on Monday they had agreed to a two-week delay in deploying C-Band wireless...
Foxconn Unlikely to Reopen India iPhone Manufacturing Facility Until Jan 7: Official January 4, 2022 By Sudarshan Varadhan Apple Inc supplier Foxconn is unlikely to reopen its shuttered iPhone manufacturing facility in southern India until Jan. 7, a...
China Evergrande’s Investors Protest, Shouting ‘Return Our Money!’ January 4, 2022 By David Kirton GUANGZHOU, China – Investors in financial products issued by China Evergrande Group protested outside the cash-strapped company’s offices in Guangzhou...
European Floods in Mid-July Cost Insurers $12B, Topping Non-U.S. Events in 2021 January 4, 2022 The most significant non-U.S. loss event in 2021 was the mid-July flooding in Western Europe, according to CRESTA, the Zurich-based...