Parametric Catastrophe Insurer CCRIF to Make Record Payout of $40M for Haiti Quake August 19, 2021 CCRIF SPC, the Cayman Islands-based parametric catastrophe facility, will pay approximately US$40 million to the government of Haiti, following the...
Tokio Marine Insurance Singapore Hit by Ransomware Attack August 19, 2021 Tokio Marine Insurance Singapore Ltd. (TMiS), a subsidiary of Tokio Marine Group, announced it was hit by a ransomware cyber...
Family of Man Killed During Kenosha, Wisconsin, Protests Sues Police August 19, 2021 The family of one of the two men fatally shot during a demonstration against police violence in Kenosha, Wisconsin, has...
Marsh and Citi Develop Risk Program With 6 Insurers to Deliver Vaccines Globally August 19, 2021 Global insurance broker Marsh and global bank Citi said they have developed a risk mitigation structure to cover the risk...
People Moves: Korte Named Sr. VP at CNA; Stephan Joins The Plexus Groupe; Ryan Specialty Group Adds Behren August 19, 2021 CNA CNA appointed Dieter Korte senior vice president, Middle Market. In this role, Korte will be responsible for profitability, growth,...
People Moves: Africa Specialty Risks Names Bheenick as Mauritius Managing Director; WTW’s Whyte Joins Miller for APAC Expansion August 18, 2021 Africa Specialty Risks Names Bheenick Managing Director in Mauritius Africa Specialty Risks (ASR), the pan-African focused reinsurance group, has appointed...
University Opposes State’s Attempt to Trademark ‘Team Kentucky’ August 18, 2021 The University of Kentucky is opposing a move by the state to trademark the phrase “Team Kentucky” for use on...
Swiss Re Hires CNA’s Stephenson to Lead Casualty; Richards Named CEO UK & Ireland August 18, 2021 Swiss Re announced changes in the leadership of its Reinsurance Business Unit. Effective Jan. 1, 2022, Jason Richards will become...
EEOC Sues Florida Applebee’s Franchise for Race and Sexual Orientation Discrimination August 18, 2021 Neighborhood Restaurant Partners Florida, LLC, doing business as Applebee’s, violated federal law by subjecting an employee to race and sexual...
Ratings Changes for P/C Insurers Up Moderately, Says AM Best August 18, 2021 The number of credit rating upgrades and downgrades in the U.S. property/casualty (P/C) insurance industry increased in the first half...