Carmakers Face UK ‘Dieselgate’ Lawsuits Worth at Least $7.6B, Lawyers Say June 12, 2024 By Sam Tobin Some of the world’s biggest carmakers are facing 1.5 million lawsuits in Britain for allegedly cheating emissions tests that could...
A London Hospital Is Asking Its Own Workers for Blood After Cyberattack June 12, 2024 By Shona Ghosh and Yazhou Sun A London hospital, facing blood supply disruptions after a cyberattack last week paralyzed operations, is asking its own clinical workers...
Viewpoint: Why Insurers Should Have Confidence in Machine Learning Capability June 12, 2024 By Erez Barak Executive Summary: While insurance leaders plan to use machine learning capability in their pricing and underwriting processes, only a small...
Multibillion-Euro Court Battle Over Stranded Russian Jets Begins in Dublin June 11, 2024 Some of the world’s largest aircraft lessors faced off against their insurers in a Dublin courtroom on Tuesday at the...
Canadian Broker Axis Insurance Gets Investment From PE Firm, Lee Equity Partners June 11, 2024 Axis Insurance Managers Inc., the Vancouver-based independent specialty insurance brokerage, announced it has received a significant growth investment from Lee...
Fortegra Granted License to Operate in Belgium and European Union June 11, 2024 The Fortegra Group Inc., the Jacksonville, Florida-based specialty insurer and subsidiary of Tiptree Inc., announced it has received approval to...
Rightward Shift After Election Could Limit Future EU Climate Policies June 11, 2024 By Kate Abnett A more rightward-leaning European Parliament will make it harder to pass ambitious EU climate policies, but the majority of Europe’s...
Singapore Airlines Offers Compensation for Flight Hit by Turbulence June 11, 2024 Singapore Airlines has sent compensation offers to passengers on a flight last month from London to Singapore that ran into...
Britam of Kenya Plans to Enter $5 Billion Congo Insurance Market June 11, 2024 By David Herbling and Helen Nyambura-Mwaura Britam Holdings Ltd. is hunting for opportunities to enter the massive but under-served insurance market in Democratic Republic of Congo...
Major World Economies Seek to Halt New Private Sector Coal Financing June 11, 2024 By Kate Abnett and Simon Jessop Some of the world’s major economies want to finalize a plan ahead of this year’s U.N. climate summit to halt...