Kroger Seeks to Block FTC Case Against Albertsons Acquisition August 21, 2024 By Emily Birnbaum Kroger Co. is seeking to block the Federal Trade Commission’s in-house case against its proposed purchase of rival grocer Albertsons...
Malawi Gets Insurance Payout of $11.2 Million for El Niño-Linked Drought Disaster August 21, 2024 The Malawian government has received an insurance payout of $11.2 million for a crippling El Niño-linked drought that led the...
Wall Street Regulator Approves Tougher Rules for Accounting ‘Negligence’ August 21, 2024 By Douglas Gillison Wall Street’s top regulator on Tuesday voted 3-2 to bless new rules making it easier for an audit watchdog to...
Storm Warnings in Place Across Europe, From Northern Greece to Poland August 21, 2024 By Paul Tugwell and Eamon Akil Farhat Thunderstorm alerts are in place for a swath of Europe from Poland and Hungary to Italy and Greece. There are...
Markets/Coverages: Rokstone and Accredited Announce Multi-Year Capacity Agreement August 21, 2024 Rokstone, the Aventum Group’s international re/insurance MGA, announced a multi-year, multi-strategy capacity agreement with Accredited Insurance Program Management, a leading...
Update: Divers Retrieve 5th Body From Mike Lynch Yacht Sunk Off Sicily August 21, 2024 By Donato Paolo Mancini Italian search and rescue teams have retrieved a fifth body from a sunken yacht off Sicily, where British tech tycoon...
US Firms Warn Against ‘Unprecedented’ Hong Kong Cyber Rules August 21, 2024 By Newley Purnell US firms have warned that parts of a proposed cyber law could grant the Hong Kong government unusual access to...
Australian Insurer IAG Says Rise in Claims, Third-Party Costs to Push Up Premiums August 21, 2024 Insurance Australia Group said on Wednesday it expects premiums to keep rising because of a huge jump in loss claims...
Puerto Rico Insurers to Absorb Hurricane Ernesto Losses: AM Best August 21, 2024 Losses in Puerto Rico from Hurricane Ernesto are expected to be absorbed by the island’s domiciled insurers, according to industry...
Markets/Coverages: Baltimore Bridge Collapse Sparks Port Blockage Cover From Marsh August 21, 2024 Insurance broker Marsh announced the launch of what it said is a first of its kind $50 million port blockage...