Car Maker Stellantis Extends Preventive Recall to Other Models Over Airbag Worries June 10, 2024 Car maker Stellantis has preventively extended a recall of vehicles with potentially faulty airbags to more Citroen and DS models,...
Marsh McLennan’s Carpenter Launches Capital & Advisory Group, Led by Schnieders June 10, 2024 Guy Carpenter, the reinsurance business unit of Marsh McLennan, announced the formation of the Capital & Advisory group as part...
US Military Confirms Houthi Missile Strikes on Two Ships in Gulf of Aden June 10, 2024 By Lisa Baertlein Yemen’s Houthi damaged two commercial vessels in missile attacks in the Gulf of Aden in the last 24 hours as...
Russian Oil Tanker Does Secret Cargo Switch Near Singapore to Dodge US Sanctions June 10, 2024 By Julian Lee The first Russian oil tanker attempting to deliver crude while under US sanctions made a secret cargo transfer onto another...
Global Reinsurance Sector Outlook Revised to Positive on Robust Profits, Tighter T&Cs June 10, 2024 The market segment outlook for the global reinsurance segment has been revised to positive from stable after the sector saw...
Former Allianz Employee Pleads Guilty to Fraud Over $7-Billion Funds Collapse June 10, 2024 By Luc Cohen A former Allianz fund manager pleaded guilty on Friday over his role in a meltdown of private investment funds sparked...
Person With Bird Flu Dies in Mexico: WHO June 10, 2024 By Julie Steenhuysen and Adriana Barrera A person with prior health complications who had contracted bird flu died in Mexico in April and the source of...
Top Law Firms in US Opioid Lawsuits to Get Hundreds of Millions in Fees June 10, 2024 By Brendan Pierson A court-appointed panel on Friday recommended how to divvy up a pool of $2.13 billion in legal fees from nationwide...
Catastrophe Bond Sales Soar as Markets Brace for Unusually Active Hurricane Season June 10, 2024 By Gautam Naik Issuance of catastrophe bonds just hit a record high, as the market braces for a rough hurricane season with the...
South Carolina DOI Sets Another Data Call on Liability Market Issues in the State June 10, 2024 The South Carolina Department of Insurance is again requesting carrier data on the health of liability insurance markets in the...