TWIA Board Votes Down Recommended Rate Increases August 9, 2023 Though an analysis found rates at Texas’ insurer of last resort to be about 20% inadequate, its board on Tuesday...
Bursting Ice Dam in Alaska Highlights Risks of Glacial Flooding August 9, 2023 By Becky Bohrer and Mark Thiessen The gray, two-story home with white trim toppled and slid, crashing into the river below as rushing waters carried off...
Trial Begins for Security Guard Who Shot Man in Shootout at Nashville Restaurant August 9, 2023 A security guard charged with second-degree murder over a 2018 fatal shooting outside the Nashville restaurant where he was working...
Southwest Will Appeal Judge’s Ruling Requiring ‘Religious Liberty Training’ August 9, 2023 By Daniel Wiessner Southwest Airlines Co. on Tuesday said it will appeal a Texas federal judge’s unusual order requiring three of its senior...
New Hampshire Insurers, Agencies Must Report When Producers Are Fired August 9, 2023 The New Hampshire Insurance Department is reminding insurance companies and agencies that they must notify the department when terminating producers...
Powerful Storm System Kills Two, Leaves 1M Without Power in South, East Coast August 9, 2023 At least two people died, thousands of U.S. flights were canceled or delayed, and more than 1.1 million homes and...
People Moves: Xceedance Names Tiwari President, EMEA/APAC; Chubb Climate+ Appoints Prunier for Int’l Operations; Howden Taps Aon’s Green for Property August 9, 2023 This edition of International People Moves details appointments at Xceedance, Chubb, and Howden. A summary of these new hires follows...
Greensill Sues Zurich Insurance for $400 Million to Recoup Losses August 9, 2023 By Upmanyu Trivedi Greensill Bank AG’s administrators are seeking more than $400 million from Zurich Insurance Plc in London lawsuits to recoup the...
Severe Convective Storms Top Insured Natural Disaster Losses in H1: Swiss Re August 9, 2023 By L.S. Howard Global natural catastrophes cost insurers US$50 billion in the first half, (H1 2022: $48 billion), with most of the losses...
Finance Firms’ Return-to-Office Crackdown Could Backfire: Deloitte August 9, 2023 By Lananh Nguyen Financial firms that enforce strict return-to-office mandates could drive employees to leave, according to a study published Tuesday by accounting...