Insured Loss Estimate for Turkey Earthquake Rises to US$3.4 Billion: PERILS August 8, 2023 The third loss estimate for the Kahramanmaras Earthquake Sequence, which hit large parts of south-central Turkey and neighboring Syria on...
More ESG Lawsuits on the Horizon as Investors Jump on UK Law August 8, 2023 By Natasha White Investors are becoming more emboldened to file legal challenges against companies for their net zero claims, approaches to governance and...
Vale Loses Bid to Block BHP’s London Lawsuit in Brazil Dam Case August 8, 2023 Vale on Monday lost a bid to block fellow mining giant BHP Group’s bid to have it share potential liability...
Japan Cannot Confirm Security Leak After Report Says China Hacked Defense Networks August 8, 2023 Japan cannot confirm if any security information has been leaked, the top government spokesperson said on Tuesday when asked about...
Japan Competition Watchdog Probes Insurers Over Price Fixing August 8, 2023 By Nao Sano Japan’s competition watchdog has begun an investigation into whether the top four non-life insurers colluded to set premiums for their...
Ukraine’s Drone Attack Hasn’t Yet Jolted Insurance Costs for Black Sea Oil Carriers August 8, 2023 By Alex Longley, Megan Durisin and Julian Lee A drone attack on a Russian oil tanker and a warning from Kyiv that more could follow has so far...
Average Cost of a Data Breach Has Reached an All-Time High: IBM Report August 8, 2023 By Jahna Jacobson According to IBM’s Cost of a Data Breach report, 2023 set an all-time high record with the global average data...
Trucking Firm Yellow Files for Bankruptcy, Blasts Teamsters August 8, 2023 By Abhijith Ganapavaram Some 30,000 workers at Yellow Corp were looking for jobs on Monday after the major trucking company filed for Chapter...
Plexus Groupe Expands to Memphis, Adds Two to Roster August 8, 2023 The Plexus Groupe, an insurance brokerage and advisory firm based in Deer Park, Illinois, is expanding into Tennessee and has...
New Jersey House Fire That Killed 4 Ruled an Accident August 8, 2023 A fast-moving house fire in southern New Jersey that killed four family members, including a four-month-old baby, has been ruled...