Tokio Marine Weighs Sale of Southeast Asia Life Unit Valued at $1 Billion April 25, 2023 By Manuel Baigorri and Elffie Chew Tokio Marine Holdings Inc. is considering a sale of its life insurance business in Southeast Asia that could be valued...
Embroker: Business Insurance Shoppers Concerned With Startup Leadership Post-SVB April 25, 2023 Following the closure of Silicon Valley Bank (SVB), VC-backed startups were increasingly looking for stronger protection in case their assets...
Marsh McLennan Reports ‘Strong Start’ to Year With Restructuring Program on Track April 25, 2023 By L.S. Howard Marsh McLennan Companies Inc. reports “a strong start” to 2023, generating 9% underlying revenue growth in the first quarter on...
Tornado, Small Earthquake Hit Upstate New York April 25, 2023 A minor magnitude 3.6 earthquake shook parts of upstate New York on Sunday afternoon. There were no immediate reports of...
CBI President Says Business Group May Not Survive Sexual Assault Scandal April 25, 2023 By Sabah Meddings The Confederation of British Industry may not survive a scandal triggered by rape claims among staff, its president said, as...
Brazilian Reinsurer Resolves U.S. Probe Into Fake Berkshire Hathaway Story April 25, 2023 By Jonathan Stempel A Brazilian reinsurer entered a non-prosecution agreement and will pay $5 million to resolve a U.S. probe into a false...
Supreme Court YouTube Decision Could Shape Protections for ChatGPT and AI April 25, 2023 When the U.S. Supreme Court decides in the coming months whether to weaken a powerful shield protecting internet companies, the...
Cancer Victims Urge Judge to Dismiss J&J Talc Unit’s Second Bankruptcy April 25, 2023 By Dietrich Knauth Cancer victims on Monday urged a U.S. judge to dismiss a Johnson & Johnson subsidiary’s second bankruptcy filing, saying that...
NC Work Injury Tort Settles for $5M with Another $5M in Comp Benefits to Come April 25, 2023 By Insurance Journal Staff Reports A laborer in Asheville, North Carolina, working at a hotel construction site, fell through a four-story air conditioning shaft in...
CIC Services Names Former NC Regulator as Director of Captive Management April 25, 2023 By William Rabb Leane Rafalko, who spent eight years with the North Carolina Department of Insurance as chief captive analyst, has been named...