Founder of Crypto Lender Celsius Network Arrested, Charged With Fraud July 13, 2023 By Niket Nishant, Hannah Lang and Elizabeth Howcroft Alex Mashinsky, the founder and former CEO of bankrupt cryptocurrency lender Celsius Network, was arrested and charged with fraud, a...
People Moves: Romeo to Lead Axis US Marine Cargo Launch; Verisk Names Vaughan Chief Privacy Officer; Pelissier Joins Alliant Specialty as SVP July 13, 2023 Axis Capital Holdings Limited said Frank Romeo will lead the company’s entry into the US marine cargo insurance market. Romeo...
Viewpoint: The ‘Must-Have’ Features of an Insurance Agency Website July 13, 2023 By Tom Henell There are several must-have elements that go into creating a strong, easy-to-use insurance agency website that communicates your brand’s identity...
Twitter Owes Ex-Employees $500M in Severance, Lawsuit Claims July 13, 2023 By Daniel Wiessner Twitter Inc on Wednesday was hit with a lawsuit accusing it of refusing to pay at least $500 million in...
Severe Weather Causes First-Half 2023 Losses of at Least $1B in Seven States: Report July 13, 2023 Seven states experienced at least $1 billion in total insured severe weather loss for the first half of 2023, according...
Allianz US Unit Ordered to Pay $6 Billion in Securities Fraud Case July 13, 2023 By Bob Van Voris A New York judge ordered a unit of Allianz SE to pay about $6 billion as punishment for misrepresenting the...
Chinese Hackers Accessed Government Emails, Microsoft Says July 12, 2023 By James Pearson and Christopher Bing Chinese state-linked hackers since May have secretly accessed email accounts at around 25 organizations, including U.S. government accounts, in a...
Delos to Insurers Shedding Wildfire Risk: Send the Homes to Us July 12, 2023 By Chad Hemenway About 6 million homes in the U.S. are considered uninsurable due to wildfire risk. The models at Delos Insurance say...
Property Insurers’ Ratings Under Pressure as Risk Rises, Morningstar Says July 12, 2023 The credit ratings of global property insurers are coming under pressure as rising reinsurance costs force them to cut back...
No Liability Coverage Owed for Investor Losses Caused by Blue Bell’s Listeria Outbreak July 12, 2023 By Jim Sams A 2015 Listeria outbreak linked to ice cream sold by Blue Bell Creameries hospitalized 10 people and killed three. While...