Direct Line Rejects ‘Unattractive’ £3.1 Billion Bid From Ageas February 28, 2024 By Jan-Henrik Förster and Pamela Barbaglia Direct Line Insurance Group Plc said its board unanimously rejected a bid from Ageas, describing the offer as “uncertain” and...
Houthis Say They Could Reassess Red Sea Attacks if Israeli ‘Aggression’ Stops February 28, 2024 By Jonathan Saul and Mohamad Ghobari Yemen’s Houthis said on Tuesday they could only reconsider their missile and drone attacks on international shipping in the Red...
Banks, Insurers Targeted as Climate Group Seeks EU Review of Deforestation Rule February 28, 2024 By Natasha White Climate activists are putting pressure on the European Union to reconsider its decision to exclude banks from a landmark deforestation...
Southern Water Fined for Sewage Spill That Killed 2,000 Fish in England February 28, 2024 By Jessica Shankleman Southern Water was fined £330,000 on Tuesday after admitting a raw sewage spill that killed thousands of fish on the...
UK Has More ‘Fragile Firms’ Than EU Peers: Allianz Report February 28, 2024 By Lucy White The UK has the highest proportion of “fragile firms” out of all major European economies, another sign of the headwinds...
Wildfires Forces Texas Panhandle Residents to Shelter in Place February 28, 2024 By Jayme Lozano-Carver, The Texas Tribune Officials have ordered nearly 5,000 residents in the Panhandle cities of Canadian, Fritch and Glazier to shelter in place Tuesday...
Change Healthcare Cyberattack Is Still Disrupting Pharmacies, Other Providers February 28, 2024 By Sana Pashankar and John Tozzi A cyberattack that has disrupted Change Healthcare’s computer networks for nearly a week is creating a growing administrative problem for...
OpenAI Says New York Times ‘Hacked’ ChatGPT to Build Copyright Lawsuit February 28, 2024 By Blake Brittain OpenAI has asked a federal judge to dismiss parts of the New York Times’ copyright lawsuit against it, arguing that...
Markets/Coverages: Legal & Contingency Launches EV Charging Site Insurance for England and Wales February 28, 2024 Legal & Contingency Ltd. (L&C), the London-based MGA that specializes in underwriting legal indemnities and title risks, announced the launch...
People Moves: Alabama, NC DOIs Name Two to Key Positions February 28, 2024 Two state insurance departments have named new people to high-level positions. North Carolina Insurance Commissioner Mike Causey this week announced...