Xenia to Buy UK Trade Credit Insurance Broker Linda Scott Associates December 6, 2022 Xenia Broking Group Ltd. (XBGL) announced it has agreed to acquire the trade credit insurance business of Linda Scott Associates...
Hertz to Settle Most False-Arrest Claims for $168 Million December 6, 2022 By Steven Church Hertz Global Holdings Inc. will spend $168 million to settle hundreds of claims that it falsely reported rental customers to...
Russia Oil Sanctions Fuel Boom for Old Tankers December 6, 2022 By Julia Payne and Jonathan Saul The market for old oil tankers is booming, and it’s all down to efforts by Western nations to curb trade...
Russian State-Owned Bank VTB Hit by Massive Distributed-Denial-of-Service Attack December 6, 2022 Russia’s No. 2 bank VTB was hit by the largest cyber attack in its history, it said on Tuesday, warning...
China’s Sunshine Insurance Leans Toward Pricing HK IPO at Bottom of Marketed Range December 6, 2022 By Pei Li and Filipe Pacheco Sunshine Insurance Group Co. is leaning toward pricing its Hong Kong initial public offering at the bottom of its marketed...
Turkey’s Proof-of-Insurance Rule Ensnares Russian Oil Shipments December 6, 2022 By Alex Longley Oil shipments from Russia and Kazakhstan are getting ensnared in a Turkish government rule to provide proof that tankers are...
Global P/C Insurance Outlook Now Negative: Moody’s December 6, 2022 High claims inflation and rising reinsurance costs are among the factors that prompted analysts at Moody’s Investors Service to change...
Viewpoint: It’s A Wonderful Life’s Lessons Ring True in BlockFi Bankruptcy December 6, 2022 By Jonathan Reid Reich We are heading into the holiday season. It’s a Wonderful Life will be on television. And cryptocurrency bankruptcies will be...
SUV crashes into Florida Fireworks Store, Sparking Huge Fire December 6, 2022 A Florida man drove his SUV into a fireworks store last week, sparking a huge fire in a crash that...
Neptune Flood Names Duffy Chief Risk Officer December 6, 2022 Neptune Flood Insurance, based in St. Petersburg, Florida, has named Matthew Duffy chief risk officer, after he spent 18 months...