How the Insurance Universe Deals With Evolving Risks and Dispositions June 27, 2023 Insurers have come a long way on climate change, but they have a long way to get where we need...
JPMorgan Chase $290M Settlement With Epstein Accusers Wins Preliminary Approval June 27, 2023 A U.S. judge on Monday granted preliminary approval to JPMorgan Chase’s $290 million settlement with women who said Jeffrey Epstein...
Generali’s Plan to Shed $22B of Insurance Liabilities Complicated by Interest-Rate Surge June 27, 2023 By Pablo Mayo Cerqueiro, Amy-Jo Crowley and Gianluca Semeraro Assicurazioni Generali’s plans to shed up to 20 billion euros ($21.87 billion) of insurance liabilities are being hampered as a...
No Sign of Threat From Hazardous Train That Plunged Into Montana River June 27, 2023 Preliminary testing of water and air quality along a stretch of the Yellowstone River on Montana where train cars carrying...
J&J’s $8.9 Billion Talc Settlement Faces Bankruptcy Test June 27, 2023 By Dietrich Knauth Johnson & Johnson’s proposed $8.9 billion settlement of thousands of lawsuits alleging that its talc products cause cancer faces a...
Pennsylvania Senate Votes to Expand Ban on Driver’s Use of Phones June 27, 2023 Pennsylvania’s state Senate wants to expand a ban on texting while driving and approved legislation on Thursday that would increase...
Canada’s British Columbia Highway 99 Closed Due to Brush Fire June 27, 2023 Canada’s British Columbia Highway 99 was closed in both directions on Monday due to a brush fire, the British Columbia...
Environmental Changes Put 90% of World’s Marine Food Supplies at Risk: Study June 27, 2023 By David Stanway More than 90% of the world’s marine food supplies are at risk from environmental changes such as rising temperatures and...
Howden Appoints WTW’s Douglas as CEO, Climate Risk and Resilience June 27, 2023 Howden, the London-based insurance group, announced the appointment of Rowan Douglas as CEO, Climate Risk & Resilience, effective June 26....
Australia Regulator Tells Medibank to Set Aside $167M After Major Cyber Attack June 27, 2023 By Renju Jose and Sameer Manekar Australia’s banking regulator told insurer Medibank on Tuesday it would have to set aside A$250 million ($167 million) in extra...