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Markets/Coverages: IQUW Launches Ports & Terminals Product

IQUW, the London-based specialty insurer and reinsurer, has launched its new ports and terminals product, reinforcing its position as a lead market for marine insurance. Under the leadership of Ali Welchman, an expert in the Ports and Terminals class, the …

Texas Braces for Freezing Weather With Wildfire and Flood Risks

Several varieties of extreme weather are forecast for Texas this week as state officials monitor rising wildfire risks in West Texas and possible flash flooding in East Texas before frigid cold settles in across the state mid-week. Wildfire conditions are …

Michigan Insurer In Talks to Settle Lawsuits Over Fired Workers and COVID-19 Vaccine

A major Michigan insurance company is in talks to possibly settle more than 100 lawsuits by employees who were fired after declining to get a COVID-19 vaccination, court records show. The disclosure comes three months after a jury awarded more …

13 People Arrested in Croatia for Illegally Disposing Hazardous Waste, Europol Says

Thirteen people suspected of illegally importing and disposing of hazardous waste have been arrested in Croatia, the European Union’s law enforcement agency said Friday. The main suspects, two Croatian nationals, are considered high-value targets by Europol, said an agency statement. …

SEC Eases Path for Companies to Nix Shareholder Proposals

The Securities and Exchange Commission released new guidelines making it easier for corporations to block votes on shareholder proposals at their annual meetings. Under the new policy, regulators will determine whether a proposal affects at least 5% of a company’s …

RiverStone Int’l Signs Reinsurance-to-Close Deal With Asta for 2022 Year of Account

RiverStone International, the legacy acquisition company, announced it has signed a reinsurance-to-close contract with Asta Managing Agency, under which the 2022 underwriting year of account of Hampden Risk Partners (HRP) Syndicate 2689 will close into Riverstone International Syndicate 3500. The …

Viewpoint: Insurers Risk Losing Out if They Ignore Embedded Insurance Opportunities

Embedded insurance is no longer just an emerging trend; it’s becoming a central strategy for retailers and non-insurance brands looking to enhance customer experience, drive loyalty, and generate new revenue streams. With global gross written premiums in embedded insurance projected …

Uber Targets Personal Injury Lawyers in Multimillion Dollar Ad Campaign

Uber Technologies Inc. is pouring millions of dollars into a national ad campaign to push for reforms in insurance policies that it says have been exploited by personal injury lawyers and contribute to higher ride prices. The San Francisco-based rideshare …

Amazon Workers in North Carolina Vote Against Joining Union

Workers at an Amazon warehouse in North Carolina rejected a proposal to unionize, becoming the latest group of the company’s employees to side against union representation. About three-quarters of employees at an Amazon fulfillment center in Garner, a town located …

Some in Helene-Hit North Carolina Embrace Trump’s Talk of Abolishing FEMA

SWANNANOA, N.C. (AP) — Emily Russell remembers feeling hopeful after she managed to get an appointment with the Federal Emergency Management Agency not long after Hurricane Helene ripped though her home in Swannanoa, North Carolina. But after several assistance requests …

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