MGU Carbon Underwriting Gets Initial Lloyd’s Approval to Launch New Syndicate July 23, 2024 Carbon Underwriting Ltd., the London-based managing general underwriter and Lloyd’s syndicate CBN 4747, announced that Lloyd’s has granted in principle...
State Street Agrees to $4.2 Million Pay Equity Fund July 23, 2024 The Department of Labor announced the signing of a conciliation agreement with State Street Corp. in which the financial services...
Wiz Rejects Google’s $23 Billion Offer, Seeks IPO Instead July 23, 2024 By Lynn Doan and Julia Love Cybersecurity startup Wiz Inc. has turned down a takeover bid of as much as $23 billion from Alphabet Inc.’s Google,...
UK Water Companies Lambasted by Environment Agency for Sewage Releases July 23, 2024 By Sarah Young Britain’s Environment Agency on Tuesday lambasted the country’s water companies for spewing sewage into rivers and seas, saying the majority...
World Records Hottest Day While Wildfires Threaten Mediterranean July 23, 2024 By Eamon Akil Farhat and Paul Tugwell The world recorded its hottest ever day, as many parts of the Mediterranean face extreme wildfire risks. Sunday witnessed the...
British Insurers Propose Green Infrastructure Funding Model July 23, 2024 By Huw Jones Britain’s insurers set out plans on Monday on how to channel billions of pounds freed up from their safety buffers...
Beef Between Wholesale and Retail Agents Should Go to Trial, Court Finds July 23, 2024 By Andrew G. Simpson A federal judge has ruled that a wholesale insurance agent’s claim against a retail agent for allegedly misrepresenting the exposure...
Delta Warns Cancellations to Stretch for Days After Outage July 23, 2024 By Mary Schlangenstein Delta Air Lines Inc. expects to cancel more flights this week as the carrier tries to recover from a crippling...
FEMA Gives SW Florida a Few More Months on Flood Insurance Discounts July 23, 2024 By Insurance Journal Staff Reports Communities in southwest Florida will continue to enjoy discounts on National Flood Insurance, at least for now, after federal authorities...
People Moves: MGIS in Utah Names Wrage VP of Sales and Distribution July 23, 2024 MGIS, headquartered in Salt Lake City, named Jim Wrage vice president of sales and distribution. Wrage will develop and operationalize...