Explosion at Anglo American Coal Mine in Australia Injures 5, Halts Production May 6, 2020 An explosion halted production on Wednesday at a coal mine run by Anglo American in Australia’s northeastern state of Queensland,...
SAP Admits to Security Lapses in Some Products, but Says There Was No Data Breach May 6, 2020 By Douglas Busvine and Nadine Schimroszik Business software group SAP disclosed on Tuesday that some of its cloud products did not meet contractual or statutory security...
MGA Platform OneAdvent Buys Property MGA Modus from CFC Underwriting May 6, 2020 OneAdvent, a London-based managing general agent (MGA) platform, announced the acquisition of Modus Underwriting Ltd., a digital-first MGA focused on...
Global Temperatures in April Matched Warmest on Record: European Climate Group May 6, 2020 By Laura Millan Temperatures in April were on par with the previous warmest April on record four years ago, with extremely high temperatures...
Two Law Firms Seek British Businesses to Join Biz Interruption Lawsuit Against Allianz May 6, 2020 Two law firms said on Tuesday they were gathering companies in Britain for a potential group lawsuit against German insurer...
Hiscox to Raise Capital in Response to COVID-19 Growth Opportunities and Exposures May 5, 2020 By L.S. Howard Lloyd’s insurer Hiscox is planning a capital raise via the placement of new ordinary shares, which will enable the company...
Many Japan Firms Resist Telecommuting, Raising COVID-19 Risk for Call Center Staff May 5, 2020 By Makiko Yamazaki and Yuki Nitta Almost a month after Tokyo declared a state of emergency, dozens of call center employees for telecom KDDI Corp still...
German Judge Casts Doubt on VW’s Defense in Landmark Diesel-Damages Case May 5, 2020 A German federal court judge cast doubt on Volkswagen’s reasoning after the carmaker urged the court to dismiss a claim...
RMS Releases High Definition Models for European Severe Convective Storm May 5, 2020 RMS, the Newark, Calif.-based risk modeling and analytics firm, announced the release of new European Severe Convective Storm (EU SCS)...
Crane Named CEO of Specialist Re/insurance Broker THB Group May 5, 2020 THB, the specialist insurance and reinsurance broker, announced that Matthew Crane has been named chief executive officer of THB Group...