Extreme Icy Weather Paralyzes Travel in Parts of Europe January 18, 2024 By Eamon Akil Farhat and Lars Paulsson Freezing weather in Germany and other parts of Europe threatened widespread road, rail and flight disruptions as the region braced...
Markets/Coverages: Canopius Launches Investment Mgmt Cover for Asset Managers January 18, 2024 Canopius Group, the global specialty re/insurer, has launched a new investment management product for asset managers. The product has been...
Russia Allocates Another $1.23B to State Company Buying Planes From Western Lessors January 18, 2024 Russia has allocated an additional 107.7 billion roubles ($1.23 billion) from its rainy day fund to a state company that...
Women in Finance Criticize City of London’s ‘Tokenistic’ Diversity Efforts January 18, 2024 By Olivia Konotey-Ahulu Testimonies from 40 women across banking, insurance, and asset management in Britain describe diversity and inclusion initiatives as often “tokenistic,”...
People Moves: Zimmer to Take Alliant CEO Reins From Corbett; WTW Names Forms Client Growth Team; Xceedance Hires Flynn for Personal Lines January 18, 2024 Alliant Insurance Services named Greg Zimmer chief executive officer, taking over for Tom Corbett, who has served as CEO for...
Viewpoint: The Time to Modernize Building Codes, Protect Communities Is Now January 18, 2024 By Mark Berven As we’ve seen for the past several years, severe weather is no longer a seasonal or geographic issue—climate risk has...
Majority of Underwriters Predict Cyber Risks Grow ‘Greatly’ in 2024: Survey January 18, 2024 By Elizabeth Blosfield Underwriters who thought the growing cyber risk landscape of the past several years would level off soon might want to...
State Farm Owes $2.6M to Florida, Court Says in Reading of ‘Dense’ Tax Code January 18, 2024 By Insurance Journal Staff Reports State Farm Insurance and its subsidiaries owe the state of Florida more than $2.6 million in back taxes and interest...
Lawsuit over California Group’s Do-Not-Eat Listing for American Lobster Dismissed January 18, 2024 A California court has dismissed a lawsuit from a group of fishermen against a conservation group that added New England...
Fatal Hot Air Balloon Crash in Arizona May Be Linked to Faulty ‘Envelope’ January 18, 2024 An “unspecified problem” with the balloon portion of a hot air balloon may have led to Sunday’s crash in the...