Monthly Archives: <span>January 2025</span>

Broker Juniper Re Enters London With Industry Veteran Hawke at Helm

Juniper Re LLC, the specialist reinsurance broking arm of The Baldwin Group, announced its entry into the London market, appointing industry veteran Nick Hawke as head of office. With more than four decades of reinsurance experience in the London market, …

South Korea’s Crashed Jet Reveals Bird Feathers in Both Engines

South Korean investigators found feathers in both engines of the Boeing Co. 737-800 jet involved in a crash late last month, pointing to possible evidence that the aircraft may have lost electrical power before an ill-fated emergency landing that killed …

Tanker Under US Sanctions Discharges Oil at Chinese Port: LSEG Data

A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China, shipping data on LSEG Eikon showed on Thursday. The tanker is the first since last week’s sanctions …

Maritime Sources Expect Houthis to Halt Red Sea Attacks After Gaza Deal

Maritime security officials said on Thursday they were expecting Yemen’s Houthi militia to announce a halt in attacks on ships in the Red Sea, after a ceasefire deal in the war in Gaza between Israel and the militant group Hamas. …

Cyber Insurance Market to Expand as Risks Evolve: Gallagher

While 2024 brought record-breaking data-breach costs and evolving cyber risk, all signs point to stable rates and ample capacity in 2025. Intense competition among cyber insurance carriers has resulted in higher limits, enhanced cyber risk management services, flexibility in insurance …

Actuary Group Forecasts Climate Change to Have Massive GDP Hit Without Policy Action

Here’s stark warning in a new report from a group of actuaries: the global economy could face a 50% loss in GDP between 2070 and 2090. That is if immediate policy actions on risks posed by climate change are not …

FBI Warned Agents It Believes Phone Logs Hacked Last Year

FBI leaders have warned that they believe hackers who broke into AT&T Inc.’s system last year stole months of their agents’ call and text logs, setting off a race within the bureau to protect the identities of confidential informants, a …

One Call Names Mendez CEO, Alliant Adds VP Cassidy in Florida

One Call, a provider of ancillary care services for the workers’ compensation market, based in Jacksonville, named Nicholas Mendez as chief executive officer, starting Feb. 10. Mendez succeeds Jay Krueger, who will continue working with One Call through the end …

King Risk Adds to SW Florida Presence with Bruce Hendry Agency

King Risk Partners, a major U.S. brokerage and insurance agency based in Gainesville, Florida, has acquired Bruce Hendry Insurance in Immokalee, Florida, southeast of Fort Myers. It is the latest expansion move for King Risk into southwest Florida, the firm …

School Employee Kicked 25 Times in 11 Days Denied Workers Compensation

A Virginia student assistant who suffered injuries in both knees after being kicked 25 times over a period of 11 days is not entitled to workers’ compensation benefits. The Virginia Workers’ Compensation Commission (WCC) upheld a deputy commissioner’s denial of …