UK Sees Surge in Cyber Scams Using Bogus Websites in 2020 May 11, 2021 By Thomas Seal Criminals launched more websites to trick people into giving up data, downloading malware and sending them money during 2020, taking...
Apple Faces UK Lawsuit Over Claims it Overcharged 20 Million App Store Users May 11, 2021 By Ellen Milligan Apple Inc is facing a London lawsuit over claims it overcharged nearly 20 million UK customers for App Store purchases,...
French Court Throws Out Lawsuit for ‘Agent Orange’ Damage During Vietnam War May 11, 2021 By Dominique Vidalon and Yiming Woo PARIS – A French court on Monday threw out a lawsuit by a French-Vietnamese woman against more than a dozen...
Insurer UK Club Says Suez Canal Ship’s Reduced Claim Is Still Too Big May 10, 2021 CAIRO – UK Club, an insurer of the container ship that blocked the Suez Canal in March, said on Monday...
Italian SPAC Aims to Target Deals in Insurance Sector May 10, 2021 MILAN – Two known Italian business executives said on Monday they would list a 200 million euro ($243 million) special...
Italy’s Generali Buys Stake in E-scooter Operator Ridemovi May 10, 2021 MILAN – Italy’s biggest insurer Generali has bought a stake in Ridemovi, which offers bicycle and electric scooter sharing services,...
Insurers Seek to Find Ways to Make Pandemics Insurable May 10, 2021 By Carolyn Cohn LONDON – When much of the global economy locked down last year, insurers, facing estimated losses of more than $100...
Jailed Ex-Wirecard CEO Files Lawsuit Against Chubb to Get D&O Coverage May 10, 2021 By Karin Matussek Markus Braun, the former chief executive officer of scandal-ridden Wirecard AG who has been in jail for almost a year,...
Insurer AXA to Stop Paying for Ransomware Crime Payments in France May 9, 2021 By Frank Bajak In an apparent industry first, the global insurance company AXA said Thursday it will stop writing cyber-insurance policies in France...
Broker Gallagher in Talks to Buy Aon, Willis Assets for $3 Billion May 9, 2021 By Aaron Kirchfeld, Aoife White and Jan-Henrik Förster Insurance brokerage Arthur J. Gallagher & Co. is in talks to buy a portfolio of assets from Aon Plc and...