Credit Suisse’s Catastrophe Bonds Should Outlive the Bank: DBRS Morningstar March 27, 2023 By Lucca de Paoli Bonds designed to insure Credit Suisse Group AG against disaster could outlive the bank. Credit Suisse’s Operational Re bonds, insurance-linked...
Supreme Court Lets Chevron Foe Donziger’s Contempt Conviction Stand March 27, 2023 By Nate Raymond The U.S. Supreme Court on Monday declined to hear a disbarred environmental lawyer’s challenge to his criminal contempt conviction after...
Markets/Coverages: CFC Adds Professional Liability, Tech E&O to Admitted Offerings March 27, 2023 Specialist insurance provider CFC recently announced the expansion of its admitted product suite with the addition of professional liability and...
ConocoPhillips Details Gas Leak Cause, Remedies at Alaska Hearing March 27, 2023 ConocoPhillips, which last week received U.S. government approval for the massive Willow oil drilling project in Alaska, detailed reasons for...
Hackers Breached UK Pension Protection Fund, Stole Employee Data March 27, 2023 By Ryan Gallagher Hackers obtained data on some employees of the UK’s Pension Protection Fund after exploiting a third-party data transfer service, according...
New York Surgeon Gets 36 Months in Jail for Role in $31 Million Trip-and-Fall Scam March 27, 2023 A New York-licensed pain management doctor has been sentenced to 36 months in prison for his participation in a scheme...
People Moves: Acrisure Re Hires Ed Broking’s D’Arcy for Fac Team; MS Amlin Names Carpenter’s Turner to Lead Risk Analytics; Tysers Taps Primassure’s Moore for Energy March 27, 2023 This edition of International People Moves details appointments at Acrisure Re, MS Amlin and Tysers Broking. A summary of these...
Georgia Lawmakers Flip the Script on Use-and-File for Auto Rate Increases March 27, 2023 By Insurance Journal Staff Reports Georgia lawmakers have approved a bill that, if signed into law, would end the longstanding “use-and-file” mechanism on auto insurance...
Arkansas Governor Passes School Bathroom Bill March 27, 2023 By Andrew DeMillo LITTLE ROCK, Ark. (AP) – Arkansas Gov. Sarah Huckabee Sanders last Tuesday signed a law prohibiting transgender people at public...
Wisconsin Farm Reaches $215K Pollution Settlement March 27, 2023 MADISON, Wis. (AP) – A factory farm has agreed to pay the Wisconsin Department of Justice $215,000 to settle pollution...