Florida Speaker Says Tort-Reform Bill May See Changes Before It’s Approved February 28, 2023 By Insurance Journal Staff Reports A Florida tort-reform bill that picks up where previous insurance-market rescue bills left off has passed its first milestone and...
Acrisure Continues European Expansion With Launch of German Subsidiary February 28, 2023 Acrisure, a fintech company that operates a top-10 global insurance broker, announced the formation of Acrisure Deutschland GmbH, a new...
Murdoch Testified Fox News Hosts Endorsed Idea That Biden Stole Election February 28, 2023 By Helen Coster and Jack Queen Fox Corp. Chairman Rupert Murdoch acknowledged under oath that some Fox hosts “endorsed” the notion that the 2020 U.S. presidential...
Walmart Loses Challenge to OSHA Finding in Injury at New York Warehouse February 28, 2023 Walmart Inc. violated federal workplace safety standards at its warehouse in Johnstown, New York, when it failed to prevent stored...
Global Insurance M&A Hits 10-Year High, Despite Slowdown in H2 2022 February 28, 2023 The insurance sector saw 449 completed mergers and acquisitions (M&A) worldwide during 2022, up from 418 the previous year –...
Hong Kong’s FWD Group Raises $1.8 Billion in Private Placements Over Past 2 Years February 28, 2023 By Manuel Baigorri FWD Group Holdings Ltd. raised a total of $1.8 billion in private placements over the past two years, as the...
AXA Sells Stake in Monte dei Paschi After Providing Cash Call Support February 28, 2023 AXA said on Monday it was selling virtually all of the 8% stake in Monte dei Paschi di Siena acquired...
Reinsurance Recap: 2022 Results Mixed as Market Improves February 28, 2023 By L.S. Howard Full-year 2022 financial results, reported by a handful of international groups that write reinsurance, show mixed results in a market...
Cyber Official Urges Microsoft, Twitter to Boost Security February 28, 2023 By Katrina Manson A senior US cybersecurity official described adoption of some of Microsoft Corp. and Twitter Inc.’s security protocols as “disappointing” as...
Insurer Startup Trium Cyber Finds Path to Profits, With Large Business Focus February 28, 2023 By L.S. Howard This profile of Trium Cyber is the inaugural article in a regular series of Company Spotlights, published by Insurance Journal,...