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Zurich Expands Marine Insurance Platform into Additional Countries, Regions

Zurich Insurance Group is expanding the roll-out of a new marine insurance platform for small and medium cargo, following its successful introduction in selected markets around the world. The Zurich Swift Insurance Platform provides intuitive, web-based access to insurance that …

Dudley, CEO of Aon’s UK Global Broking Centre, Named Chair of LIIBA

Richard Dudley, CEO of Aon’s UK Global Broking Centre, will become the new chair of the London & International Insurance Brokers’ Association, according to LIIBA’s board. He succeeds Roy White of Marsh, who served a two-year term. White will remain …

Guy Carpenter Partners with RiskGenius to Expand Silent Cyber Analysis

Reinsurance broker Guy Carpenter & Co. has entered into a strategic relationship with RiskGenius to expand the detection and qualitative analysis of silent cyber exposure across various lines of business. RiskGenius utilizes artificial intelligence to evaluate a variety of emerging …

Iowa Battery Manufacturer Cited for Safety Violations, Fined $42K

A battery manufacturer in eastern Iowa has been fined $42,000 for workplace safety violations, authorities said. The Iowa Occupational Safety and Health Administration said Exide Technologies, of Manchester, was cited for five different violations and originally faced a penalty of …

Idaho Insurance Producer Ordered to Cease and Desist for Misusing Premiums

The Director of the Idaho Department of Insurance issued an order to cease and desist against Charlotte Jane Sheppard of Lincoln County after it was reported that Sheppard violated Idaho Code § 41-1016(1)(d) and (h) on numerous occasions. The department …

ONI Risk Partners Adds Wood as Commercial Insurance Risk Advisor in Kentucky

ONI Risk Partners, an EPIC Company, has hired Brian Woods as a Commercial Insurance Risk Advisor in Kentucky. Wood will consult with mid-to-large commercial insurance clients in the Louisville area to identify, assess, and manage the overall impact and cost …

Casino Gambles on Coronavirus Business Interruption Lawsuit Against Lloyd’s, AIG, XL

A Native American tribe on Tuesday sued a group of insurance companies, asking a court to declare that losses it is incurring from shutting down its casinos during the coronavirus pandemic are covered by insurance. Among the defendants named in …

M4.7 Earthquake Confirmed off Coast of Northern California

A magnitude 4.7 earthquake struck Sunday morning off the coast of Northern California, the U.S. Geological Survey confirmed. The quake hit at 8:27 a.m. about 50 miles west of Ferndale, a coastal town of 1,300 people. A police dispatcher said …

PG&E Will Plead Guilty to Involuntary Manslaughter in California Wildfire

Pacific Gas & Electric said it will plead guilty to 84 counts of involuntary manslaughter in connection with the 2018 fire in Northern California that killed 84 people and decimated three towns. The utility said in a statement will also …

Insured Losses for Europe’s Storm Sabine (aka Ciara) Estimated at €1.55B: PERILS

The initial loss estimate for extratropical cyclone Sabine”, also known as “Ciara” and “Elsa,” is €1.55 billion (US$1.8 billion), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. The event hit the British Isles, and Western …