Markets/Coverages MGA Pen Underwriting Relaunches Large Corporate Cyber Offering October 21, 2024 Pen Underwriting has relaunched its cyber proposition for large corporate clients with a comprehensive rebuild that sees it re-enter primary...
South Africa Mulls Rules for Catastrophe Bonds, Climate Cover October 21, 2024 By Antony Sguazzin South Africa’s National Treasury is exploring regulations to encourage the use of financial instruments to tackle climate change, including catastrophe...
At Least 7 Dead After Ferry Dock Gangway Collapsed on Georgia Island October 21, 2024 By Russ Bynum SAVANNAH, Ga. (AP) — Authorities said at least seven people were killed Saturday when part of a ferry dock collapsed...
Meta Must Face Massachusetts Social Media Addiction Lawsuit October 21, 2024 By Nate Raymond Meta Platforms must face a lawsuit by Massachusetts alleging the social media company purposely deployed features on its Instagram platform...
BHP Faces $47 Billion UK Class Action Lawsuit Over Brazilian Dam Collapse October 21, 2024 By Sam Tobin A hearing in a lawsuit against BHP over Brazil’s worst environmental disaster, the 2015 collapse of the Mariana dam, will...
Brazil to Seal $30B Compensation Deal With Miners Over 2015 Dam Collapse: Sources October 21, 2024 By Mariana Durao Miners Vale, BHP and Samarco are discussing a near $30 billion compensation deal with Brazilian authorities related to the 2015...
China’s Ping An Insurance Posts 36.1% Rise in 9-Month Profit October 21, 2024 Ping An Insurance (Group) Co. of China Ltd. reported on Monday a 36.1% rise in net profit in the first...
FastBond: Simplifying Smaller Bid Performance and Payment Bonds for Agents and Contractors October 21, 2024 By Todd Taylor, AFSB, CPCU, Old Republic Surety This post is part of a series sponsored by Old Republic Surety. “We’ve targeted tight turnaround times from submission to...
North-Central Italy Sees Floods, Road Closures After Heavy Rains October 21, 2024 By Alberto Brambilla Floods engulfed parts of north-central Italy from overflowing rivers following days of heavy rain, prompting the state-led road operator to...
Western Digital Owes $315.7M for Infringing Data Security Patent, Jury Says October 21, 2024 By Blake Brittain Data storage provider Western Digital must pay $315.7 million in damages for violating a patent owner’s rights in data security...