Jamaica Finance Minister Sees ‘Definite Interest’ in Regional Caribbean Catastrophe Bond June 16, 2023 By David Lawder Jamaican Finance Minister Nigel Clarke said he is seeing “definite interest” from other Caribbean countries to join in issuing a...
Howden Acquires German Marine Broker Northern Lloyd June 16, 2023 Howden, the London-based insurance broker, announced it has strengthened its marine offering in Europe with the acquisition of Bremen-based broker...
Vermont Man Accused of Murder, Inheritance and Insurance Schemes Dies in Jail June 16, 2023 A Vermont man facing charges he murdered his mother at sea in order to obtain a multimillion dollar inheritance has...
Cyclone Biparjoy Makes India Landfall, Damaging Power Lines, Uprooting Trees June 16, 2023 By Francis Mascarenhas, Sumit Khanna and Gibran Naiyyar Peshimam Strong winds, heavy rain and high tides lashed India’s Gujarat coast late on Thursday as Cyclone Biparjoy made landfall after...
Kansas Insurance Commissioner Diagnosed With Breast Cancer June 16, 2023 TOPEKA, Kan. (AP) – Kansas Insurance Commissioner Vicki Schmidt has been diagnosed with breast cancer and plans to undergo treatment...
KCC Estimates June Texas Hailstorm Losses at $1B June 16, 2023 The impact from a June hailstorm over Texas with baseball to softball-sized hail is expected to cause over $1 billion...
Insurer Must Defend Firm Sued for Selling Facial Recognition Program to Police June 16, 2023 By Jim Sams An ambiguous coverage exclusion prevents a liability insurer from dodging the cost of defending a data broker that was sued...
Davenport, Iowa Hires Outside Firms to Investigate Partial Building Collapse June 16, 2023 By Hannah Fingerhut DES MOINES, Iowa (AP) – Two companies have been tasked with investigating the partial collapse of a six-story apartment building...
Odey Resigns From Lloyd’s Investment Fund Amid Sexual Harassment Allegations June 16, 2023 By Ben Stupples Crispin Odey has stepped back from an investment fund focused on the Lloyd’s of London insurance market in a sign...
Security Firm: Chinese Hackers Broke Into Email Security Appliance in Spying Campaign June 16, 2023 By Frank Bajak Suspected state-backed Chinese hackers used a security hole in a popular email security appliance to break into the networks of...