Insurer FM Global Upheld in Firing of Longtime Executive Who Claimed Age Bias, Retaliation November 17, 2022 By Andrew G. Simpson Rhode Island-based Factory Mutual Insurance Co. properly handled the firing of a long-time employee who claimed his axing in 2018...
FBI Director Says TikTok Poses National Security Concerns November 17, 2022 By David Shepardson The U.S. operations of Chinese-owned TikTok raise national security concerns, FBI Director Chris Wray said on Tuesday, flagging the risk...
Florida Citizens Expects 5,000 claims and $63 Million in Losses from Nicole November 17, 2022 Citizens Property Insurance Corp. has released its first estimate on losses from Hurricane Nicole, a category 1 storm that hit...
People Moves: Generali’s GC&C Names Marcato to Lead Financial Lines; BHSI Promotes Taylor for Property in ANZ; Optio Taps Hartford’s Barrett for Financial Lines November 17, 2022 This edition of International People Moves details appointments at Generali’s Global Corporate & Commercial, Berkshire Hathaway Specialty Insurance and Optio...
Report: 90% of U.S. Counties Hit With Disaster in Last Decade November 17, 2022 By Drew Costley Ninety percent of the counties in the United States suffered a weather disaster between 2011 and 2021, according to a...
Gayner to Become Markel Corp. CEO on Jan. 1 November 17, 2022 Markel Corp. said current co-CEO Thomas S. Gayner will become the sole CEO upon the retirement of co-CEO Richard R....
Turkey to Demand Oil Tankers Have Proof of Insurance, Adding Teeth to Russia Sanctions November 17, 2022 By Alex Longley, Ugur Yilmaz and Ercan Ersoy Turkey warned the world’s oil shippers they will need to prove they’re insured to cross the country’s vital straits, a...
Trump Firm’s Longtime CFO, Still on Payroll, Testifies on Tax Scheme at Fraud Trial November 17, 2022 By Michael R. Sisak and Larry Neumeister Donald Trump’s jail-bound longtime finance chief is still a company man, collecting a hefty salary from the former president’s namesake...
UK Insurers Provide Test Case for Post-Brexit ‘Unshackling’ From EU Capital Rules November 17, 2022 By Huw Jones and Carolyn Cohn The British government and the Bank of England are reforming insurers’ capital rules, seen as a post-Brexit test of UK...
Allianz CEO Baete Sees ‘Huge Opportunity’ From Asset Management in China November 17, 2022 By Bloomberg News Allianz SE sees a “huge opportunity” from asset management in China because the nation needs to diversify overseas investments, its...