US Investigating Breach of Telecoms by China-Linked Hackers October 28, 2024 By Jamie Tarabay The US government said Friday it was investigating unauthorized access by Chinese state-affiliated hackers targeting the commercial telecommunications sector. The...
Judge Approves $102 Million Settlement Over Baltimore Bridge Collapse October 28, 2024 By David Shepardson A U.S. judge approved on Friday a $102 million settlement by the companies that owned and operated the ship that...
Q3 Net Income Up 18% at The Hartford October 25, 2024 Third quarter 2024 net income at The Hartford improved about 18% compared to the same period a year ago despite...
FM Makes Third ‘Resilience Credit’ With $400M for Clients October 25, 2024 Eligible commercial property insurance clients of FM will receive a share of $400 million in what the insurer calls a...
US Gains $100M Settlement With Owner, Operator of Ship That Wrecked Key Bridge October 25, 2024 By Andrew G. Simpson The Singaporean corporations that owned and operated the cargo ship Dali have agreed to pay $101,980,000 to resolve a civil...
People Moves: H.W. Kaufman Names Kaufman, Kaufman Davis Co-Presidents; Desett Joins HUB as N.A. Commercial Lines Pres.; Benson Is Chubb Multinational Ins. Lead October 25, 2024 H.W. Kaufman Group Names Kaufman and Kaufman Davis to Newly Established Co-President Role H.W. Kaufman Group, headquartered in Farmington Hills,...
S&P Reveals Top 50 Largest P/C Insurers October 25, 2024 As the third-fastest growing company on a list of the world’s top 50 largest insurers, State Farm Mutual Automobile Insurance...
Catastrophe-Bond Funds Suffered Virtually No Losses From Hurricane Milton October 25, 2024 By Gautam Naik After two weeks of number-crunching, it now seems clear that investors in catastrophe bonds emerged from Hurricane Milton relatively unscathed....
PCF Insurance to Rebrand as Trucordia With New Growth Strategy October 24, 2024 By Chad Hemenway Until now, PCF Insurance Services was focused on size and scale, with independently operated offices that may not have known...
How a US judge Injected Culture Wars Into Boeing 737 MAX Plea Deal October 24, 2024 By Mike Spector, Nate Raymond and Chris Prentice A Texas federal judge with a record of ruling in favor of conservative causes injected uncertainty into Boeing’s agreement to...