Georgia Power to Pay $413M to Settle Lawsuit over Nuke Plant Cost Overruns October 10, 2023 ATLANTA (AP) — Georgia Power Co. will pay $413 million to settle a lawsuit accusing the utility of reneging on...
Amtrak Train Crash into Car in Vermont Kills Driver, Injures Passenger October 10, 2023 An Amtrak passenger train crashed into an SUV in southeastern Vermont, killing the SUV`s driver and injuring his passenger, authorities...
Truist in Talks to Sell Insurance Business for $10 Billion: Report October 10, 2023 Truist Financial is in talks to sell its insurance brokerage unit to private equity firm Stone Point for about $10...
New Jersey Attorney General Opens Inquiry Into Fatal Crash Involving Nadine Menendez October 10, 2023 By Deepti Hajela The New Jersey attorney general’s office has opened an inquiry into how local law enforcement handled an investigation into a...
New Hampshire Helicopter Crash That Took Pilot’s Life Is Under Investigation October 10, 2023 A helicopter crashed in the woods shortly after taking off in Croydon, New Hampshire, killing the pilot, the only person...
Survey: Cyber Budgets, Insurance Premium Jump Across Sectors October 10, 2023 Budgets and insurance policy costs have increased exponentially despite doubts surrounding efficacy of cyber practices, according to a recent survey...
People Moves: Gallagher Re Taps RenRe’s Allard as Head of Global Credit & Political Risk; Sompo Int’l Names Heads of Claims, Distribution & Client Relationship Mgmt October 10, 2023 This edition of International People Moves details appointments at Gallagher Re and Sompo International. A summary of these new hires...
Markets/Coverages: Irish MGA iSure Launches Professional Indemnity Facility October 10, 2023 iSure, the specialist SME managing general agent in Ireland, part of the re/insurance MGA Rokstone, has announced the launch of...
Odey Asset Management to Shut Wealth Business in Wake of Sexual Assault Allegations Against Founder October 10, 2023 Odey Asset Management is closing its wealth business, the UK’s Financial Conduct Authority said, months after its founder Crispin Odey...
Hacked Philippine Health Insurer Didn’t Have Cyber Protection Software October 10, 2023 By Cliff Venzon and Ditas Lopez The Philippines’ state health insurer didn’t have cyber protection software when hackers attacked its computers, giving criminals access to the...