Gallagher’s Artex Acquires UK’s Implement Compliance Solutions & Resources Ltd. June 27, 2024 Arthur J. Gallagher & Co.’s captive and alternative risk transfer solutions subsidiary, Artex, has acquired London-based Implement Compliance Solutions &...
Sanctions Damaging Safety at Sea, Says Sanctioned Ship Group Sovcomflot June 27, 2024 Sanctions on shipping companies are undermining safety at sea and pose dangers for trade as ship standards are impacted, the...
Venezuela Resorts to Using Shadow Tankers to Supply Oil to Ally Cuba June 27, 2024 By Marianna Parraga Venezuela’s state oil company PDVSA has begun using tankers that navigate off radar to supply its closest political ally, Cuba,...
Volkswagen Recalling 307,000 Vehicles Over Air Bag Sensor Wiring June 27, 2024 By David Shepardson Volkswagen said on Wednesday it was recalling over 307,000 vehicles in North America due to a potential wiring fault that...
US P/C Insurers Post Best Q1 Underwriting Result In 17 Years June 27, 2024 By Susanne Sclafane Even though direct loss ratios for commercial auto and other liability lines rose in first-quarter 2024, across all lines U.S....
UK Financial Watchdog to Publish Industry Bullying, Sexism Update in Autumn June 27, 2024 Britain’s markets regulator will publish an update in autumn into how companies are detecting and dealing with sexual harassment, bullying...
EU’s Anti-Money Laundering Authority Is Now Official; Candidates for Chair Can Apply June 27, 2024 By Tom Sims The regulation that sets up the European Union’s new agency to combat money laundering went into force on Wednesday, and...
German Insurtech Wefox to Replace CEO After Board Rejects Mubadala Sales Plan June 27, 2024 By Arno Schütze Wefox Holding AG is replacing Chief Executive Officer Mark Hartigan after the German insurance tech startup’s board rejected a proposal...
Kentucky DOI Gets New Vendor on Prelicensing, CE Services June 27, 2024 The Kentucky Department of Insurance has a new vendor on continuing education and prelicensing services: PSI Services. Prometric, the previous...
Verizon to Pay $1M Penalty Due to 2022 Outage That Blocked 911 Calls in SE June 27, 2024 Verizon Wireless has agreed to pay a $1 million penalty levied by the Federal Communications Commission after a 2022 service...