People Moves: Liberty Specialty Promotes Fraigneau to President, Europe; Insurance Industry Charitable Foundation Launches in Canada With Gladki as Exec Director July 8, 2025 This edition of International People Moves details appointments at Liberty Specialty Markets in Luxembourg and the Insurance Industry Charitable Foundation...
Virginia Sends Swift Water Rescue Teams to Help Texas Flood Recovery Efforts July 8, 2025 In response to the catastrophic flooding impacting portions of Texas, Virginia Governor Glenn Youngkin announced the deployment on Monday of...
Market/Coverages: Willis Launches $200M Cargo Facility for Rising Geopolitical Risks July 8, 2025 Willis, a WTW business, has launched ‘Undercover,’ a new $200 million facility, combining coverage for a range of geopolitical exposures...
India’s Kerala State Seeks $1.1 Billion in Compensation From MSC Over Oil Spill July 8, 2025 By Arpan Chaturvedi India’s southern state of Kerala has sued Swiss-based Mediterranean Shipping Company and sought $1.1 billion in compensation after one of...
Mexico Criminals Rob Truck Full of Gold, Silver Concentrate July 8, 2025 By Scott Squires Armed thieves robbed a truck carrying 33 tons of gold and silver concentrate belonging to Grupo Minero Bacis, costing the...
Florida Reinsurance Buyers Found Ample Property Capacity at Mid-Year Renewals July 8, 2025 By L.S. Howard Reinsurers have gained confidence and returned to the Florida market as a result of recent legislative reforms that have transformed...
Apple Takes Fight Against $587 Million EU Antitrust Fine to Court July 8, 2025 By Foo Yun Chee Apple took a challenge against EU regulators to Europe’s second highest court on Monday after they fined it 500 million...
Ram Pickup Recalls Investigated After Seven Injuries Reported July 8, 2025 US auto safety regulators are investigating whether earlier recalls of more than a million Ram pickups did enough to address...
Commercial Ship Under Continuous Houthi Attack in Red Sea July 8, 2025 By Mohammed Hatem, Sherif Tarek and Erik Olsson Yemen’s Houthi militants continued to pound a commercial ship in the Red Sea — hours after beginning an assault on...
Deadliest Flooding in Last 25 Years Came in Areas With Low Flood Insurance Take-Up July 8, 2025 By Staff and Wire Reports Flooding has caused an average of more than 125 deaths per year and billions of dollars in damage in the...