People Moves: Munich Re’s Blunck to Succeed Jeworrek Who Is Stepping Down; Lloyd’s Market Association Appoints 3 New Board Members October 20, 2022 The Supervisory Board of Munich Re has appointed Dr. Thomas Blunck (age 57) as the chair of the Reinsurance Committee...
MS Amlin Underwriting Fined $11 Million for Risk Management Failings October 20, 2022 The Bank of England said on Thursday it had fined insurer MS Amlin Underwriting Ltd (MSAUL) 9.695 million pounds ($10.84...
Update: Specialty MGA UK Launches to Boost Insurance Capacity Across All Territories October 20, 2022 A new managing general agent has launched in London called “Specialty MGA UK,” which is focusing on providing additional capacity...
Legacy Specialist Compre Acquires Covéa’s MedMal Subsidiary October 20, 2022 Compre, the Bermuda headquartered legacy group, announced it has signed agreements to acquire the Irish subsidiary of Covéa, Medical Insurance...
Corporate Climate Disclosures Jump Again in 2022 — But Many Fail to Respond October 20, 2022 Companies worth half of total global market capitalization are now disclosing environmental data after a 42% year-on-year rise in the...
Federal Judge Dismisses FedEx From Indiana Shooting Lawsuit, Citing Work Comp Act October 20, 2022 A federal judge has dismissed FedEx from a lawsuit filed by relatives of five of the eight people who were...
Insurers Increasingly Withdraw From Fossil Fuel Projects: Climate Activists’ Report October 20, 2022 Insurance companies that have long said they’ll cover anything, at the right price, are increasingly ruling out fossil fuel projects...
Vermont School Board to Sue Monsanto Over PCB Contamination That Closed School October 20, 2022 The school board in Vermont’s largest city plans to sue the manufacturer of chemicals that forced the closure of Burlington...
People Moves: California Insurance Commissioner Names Members to Statewide Boards October 20, 2022 California Insurance Commissioner Ricardo Lara announced several appointments to the California Automobile Assigned Risk Plan Advisory Committee, the Curriculum Board...
Pipeline Operator Agrees to $50M California Spill Settlement October 20, 2022 A pipeline operator has agreed to pay $50 million to thousands of Southern California fishermen, tourism companies and property owners...