Russian Court Orders $1.2B of Linde UK Assets Be Frozen August 14, 2024 A Russian court has ordered that assets worth around $1.15 billion of a British subsidiary of German industrial gases company...
People Moves: Accredited Taps SCOR’s McMurdo to Lead UK, European Operations; Aon Promotes Barcock to Lead Aviation Reins., Admiral Stavridis Appointed to Board August 14, 2024 This edition of International People Moves details appointments at program manager Accredited UK & Europe and insurance broker Aon. A...
What Latest Inflation Report Shows Overall and for Auto Insurance, Medical Costs August 14, 2024 The U.S. Bureau of Labor Statistics reported today that the Consumer Price Index (CPI) increased 0.2 percent in July, after...
An Estimated 290 Residences Damaged by Flooding From Lake Dammed by Alaska Glacier August 14, 2024 Roughly 290 residences in Alaska’s capital city were damaged last week by flooding from a lake dammed by the Mendenhall...
People Moves: Chubb Appoints Ohsiek, Hagan and Le to Key Finance Posts August 14, 2024 Chubb Appoints Ohsiek Chief Accounting Officer, Hagan CFO of Operations and Le as Chief Auditor Chubb made three executive appointments...
Allstate to Sell Employer Voluntary Benefits Business to StanCorp for $2 Billion August 14, 2024 Insurer Allstate has agreed to sell its subsidiaries that provide employer voluntary benefits to StanCorp Financial Group (The Standard) in...
South Korean Alarm Over EV Battery Fires Puts Spotlight on Safety Concerns August 14, 2024 South Korea is urging automakers operating in the country to disclose the manufacturer of batteries used in electric vehicles (EV)...
Markets/Coverages: Liberty Mutual Re, Insurtech Sprout Offer Parametric Cover for Kenyan Coffee Farmers Facing Climate Risk August 14, 2024 Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, has partnered with insurtech firm Sprout Inc. and the...
Markets/Coverages: Amwins, Floodbase Unveil Flood Insurance for Golf Courses; Aegis Pro Risk Partners With Sentry on E&O Program August 14, 2024 Amwins announced the launch of its “Tees-to-Green” flood insurance program powered by Floodbase to reimburse U.S. golf courses for lost...
Vineyard Wind Allowed to Resume Limited Offshore Turbine Installation August 14, 2024 Vineyard Wind and GE Vernova on Tuesday said U.S. safety officials have allowed them to resume limited construction on an...