How Addressing Socioeconomic Inequality Is Key to Building Flood Resilience July 4, 2022 Flooding is the most pervasive among natural disasters. According to the Zurich Flood Resilience Alliance, floods affect more people globally...
Breach Exclusions in E&O Policy Upheld in $1.3M Money Transfer Claim July 4, 2022 A company that transferred $1.3 million from a client’s payment fund in response to emailed requests from a hacker has...
People Moves: Verisk Promotes Rayner to President of Specialty Business Solutions; Munich Re Appoints 2 Senior Leaders for Singapore and SE Asia July 1, 2022 This edition of International People Moves details appointments at Verisk and Munich Re. A summary of these new hires follows...
New Alabama, Georgia Laws Taking Effect Today Indirectly Affect Insurance July 1, 2022 Several Alabama and Georgia laws that could indirectly affect property, liability and workers’ compensation insurance take effect today, July 1....
Vertafore Acquires MGA Systems July 1, 2022 Insurance technology vendor Vertafore reports that it has acquired MGA Systems, a provider of software for managing general agencies based...
Supreme Court Declines to Hear New York Vaccine Mandate for Health Workers July 1, 2022 The Supreme Court declined on Thursday to take up a case involving a COVID-19 vaccine requirement for health care workers...
Florida Property Reinsurance Premiums Rise by as Much as 50%: Gallagher Re July 1, 2022 Property reinsurance rates rose by as much as 50% in Florida at July 1 renewals and by up to 40%...
2 Workers Presumed Dead in Texas Trench Collapse July 1, 2022 Two workers were presumed dead after a trench they were digging for a sewer line in Texas on Tuesday collapsed...
Ohio Vehicle Parts Manufacturer Faces $315,000 in Fines July 1, 2022 An Ohio aluminum vehicle parts manufacturer cited for safety and health violations after a worker in Ravenna suffered fatal injuries...
Regulators: Amtrak Train Was Below Speed Limit Before Fatal Crash July 1, 2022 An Amtrak passenger train was going about 87 mph (140 kph) when it collided with a dump truck at a...