Repsol Sued in Class Action for $1 Billion Over Peru’s Worst Oil Spill January 16, 2024 By Marcelo Rochabrun Repsol SA is being sued for $1 billion by an English law firm representing around 35,000 alleged victims for its...
Judge Dismisses Notre Dame Professor’s Defamation Suit Against Student Newspaper January 16, 2024 SOUTH BEND, Ind. (AP) — A judge last week dismissed a University of Notre Dame’s professor’s defamation lawsuit against a...
US Merchant Vessel Struck by Anti-Ship Missile as Shippers Told to Avoid Red Sea January 16, 2024 By Alex Longley Houthi militants hit a US-owned commercial vessel with an anti-ship ballistic missile on Monday, underscoring warnings that the world’s most...
Federal Reinsurance Backstop for Catastrophes: APCIA Says No Thanks January 16, 2024 Federal lawmakers introduced a bill to create a federal natural catastrophe backstop recently, reacting to insurers’ issues with growing private...
Lawmakers Urge SEC to Fix Cybersecurity After X Account Hack January 16, 2024 U.S. lawmakers have urged the Securities and Exchange Commission (SEC) to review its cyber security preparedness after the financial regulator’s...
Alabama City Councilman Charged With Insurance Fraud January 16, 2024 Alabama authorities last week charged a city councilman with insurance fraud, alleging that he falsely claimed he had purchased a...
Florida OIR Report Shows Indemnity Paid Was Much Higher for Litigated Claims January 16, 2024 By William Rabb Stakeholders have continued to react to a recent Florida Office of Insurance Regulation report on the property insurance market, a...
Record High Tide in Maine Washes Away 3 Historic Fishing Shacks January 16, 2024 By Nick Perry A record high tide in Maine washed away three historic fishing shacks that had stood since the 1800s and formed...
People Moves: Banks Joins Alliant in California as EVP January 16, 2024 Tyler Banks joined Alliant Insurance Services as executive vice president, Alliant Private Client. Banks previously served as North America practice...
Emergency Federal Aid Approved for Connecticut Following Severe Flooding January 16, 2024 Connecticut is receiving emergency federal aid following severe flooding this month that caused dam breaches and road closures. President Joe...