People Moves: RenRe Promotes Lang to Group Chief Risk Officer, Succeeding Branagan; AXIS Taps Former Corvus Exec as Head of Global Cyber & Technology July 20, 2023 This edition of International People Moves details appointments at RenaissanceRe and AXIS Capital Holdings. A summary of these new hires...
Northwestern’s ‘Rampant’ Hazing was ‘Devastating’ for Athletes of Color, Ex-Players Say July 20, 2023 By Larry Lage and Claire Savage CHICAGO (AP) – Civil rights attorney Ben Crump said his law firm and other attorneys have received reports of hazing...
Illinois Supreme Court Refuses to Reconsider BIPA Ruling, Despite Warning About ‘Astronomical’ Penalties July 20, 2023 By Jim Sams The Illinois Supreme Court on Tuesday refused to reconsider its 4-3 decision that found violations of the state’s Biometric Privacy...
Markets/Coverages: AXA XL Launches Carbon Emissions Product for Marine Clients July 20, 2023 AXA XL in the UK has launched its Excess Emissions Insurance product helping marine clients to manage their environmental footprint...
US Fed Fines Deutsche Bank $186M for Failing to Beef Up Money Laundering Controls July 20, 2023 By Pete Schroeder and Chris Prentice The Federal Reserve said on Wednesday it fined Deutsche Bank and its U.S. affiliates $186 million for failing to sufficiently...
GOP Attorneys General Shift Battle Over Affirmative Action to Workplace July 20, 2023 By Wyatte Grantham-Philips and Geoff Mulvihill Thirteen Republican state attorneys general are cautioning CEOs of the 100 biggest U.S. companies on the legal consequences for using...
Mayfield, Kentucky, Hit by Floods 18 Months After Devastating Tornado July 20, 2023 By Staff and Wire Reports Parts of Kentucky cannot seem to catch a break from extreme weather events. Some 18 months after a powerful tornado...
Update: Allstate Estimates Catastrophe Losses of $1 Billion in June, $2.7 Billion in Q2 July 20, 2023 Allstate Corp. announced estimated catastrophe losses for the month of June of $1.01 billion, or $799 million, after-tax. June’s month...
Tornado Rips Apart Pfizer Plant, Injures 16 in North Carolina July 20, 2023 Drugmaker Pfizer Inc. said on Wednesday its plant in Rocky Mount, North Carolina, which is one of the largest sterile...
AIG, AXA Weighing Sales of UK Businesses: Sources July 20, 2023 By Jan-Henrik Förster and Sonia Sirletti Two of the world’s largest insurers are weighing the sale of businesses in the United Kingdom, according to people familiar...