Rise in Fires, Ukraine-Russia Fallout Top Concerns for Shipping Industry: Allianz Report June 2, 2023 By Ezra Amacher The maritime sector experienced fewer total losses of vessels in 2022 while the number of shipping incidents remained relatively consistent,...
Renault Customers to Lodge Criminal Complaint in France Over Faulty Engines June 2, 2023 Renault could face prosecution in France over faulty engines as a group of customers plans to lodge a criminal complaint...
Report: Medical Professional Liability Headwinds Continue Despite Improvement in 2022 June 2, 2023 A recent report by the Medical Professional Liability Association shows the medical professional liability insurance sector’s combined ratio improved from...
Gallagher Keeps Expanding with HR Firm Acquisitions June 2, 2023 Arthur J. Gallagher & Co. has acquired Nashville-based Bernard Benefits, an employee benefits brokerage serving clients in Tennessee, Indiana and...
Regulators Turn Up Pressure on Air Bag Inflator Firm to Recall Devices June 2, 2023 The U.S. government is turning up the pressure on Tennessee-based ARC Automotive to recall 67 million potentially dangerous air bag...
Coal Firms Owned by Family of WV Governor Sued Over Unpaid Penalties June 2, 2023 Thirteen coal companies owned by the family of West Virginia Gov. Jim Justice are being sued over unpaid penalties for...
3M, DuPont to Pay $100 Million to End Georgia Lawsuit Over Polluted Drinking Water June 2, 2023 By Jef Feeley and David Voreacos 3M Co., DuPont de Nemours Inc. and other makers of per-and polyfluoroalkyl substances, or PFAS, have agreed to pay more...
Chemical Makers to Set Aside $1.19B to Settle PFAS-Related Claims in U.S. June 2, 2023 By Clark Mindock Chemours Co., DuPont de Nemours Inc and Corteva Inc. on Friday said they had reached an agreement in principle to...
Former Hiscox CEO Masojada Named Chair of SiriusPoint June 2, 2023 SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, announced the appointment of Bronek Masojada as chair of the company’s Board...
Kansas Insurance Commissioner: No Workers’ Comp Fund Assessment for FY 2024 June 2, 2023 Kansas Insurance Commissioner Vicki Schmidt announced there will not be a Workers Compensation Fund assessment this year. Carriers, pools, and...