New Jersey Lawsuit Alleges Climate Change Deception by Oil and Gas Industry October 20, 2022 New Jersey officials announced a lawsuit Tuesday against five oil and gas companies and a petroleum trade organization, alleging they...
People Moves: Munich Re’s Blunck to Succeed Jeworrek Who Is Stepping Down; Lloyd’s Market Association Appoints 3 New Board Members October 20, 2022 The Supervisory Board of Munich Re has appointed Dr. Thomas Blunck (age 57) as the chair of the Reinsurance Committee...
MS Amlin Underwriting Fined $11 Million for Risk Management Failings October 20, 2022 The Bank of England said on Thursday it had fined insurer MS Amlin Underwriting Ltd (MSAUL) 9.695 million pounds ($10.84...
Update: Specialty MGA UK Launches to Boost Insurance Capacity Across All Territories October 20, 2022 A new managing general agent has launched in London called “Specialty MGA UK,” which is focusing on providing additional capacity...
Legacy Specialist Compre Acquires Covéa’s MedMal Subsidiary October 20, 2022 Compre, the Bermuda headquartered legacy group, announced it has signed agreements to acquire the Irish subsidiary of Covéa, Medical Insurance...
NTSB: Communications Outage a Factor in Louisiana Lift Boat Disaster October 20, 2022 By Kevin McGill NEW ORLEANS (AP) — An outage involving a Coast Guard marine warning system and “data gaps” in radar systems were...
Corporate Climate Disclosures Jump Again in 2022 — But Many Fail to Respond October 20, 2022 Companies worth half of total global market capitalization are now disclosing environmental data after a 42% year-on-year rise in the...
Cybersecurity Firm OutThink Raises $10M to Tackle Human Errors Behind Data Breaches October 20, 2022 By Juliette Portala London-based cybersecurity company OutThink has raised $10 million in early-stage investments backed by venture capital firm AlbionVC, it said on...
Federal Judge Dismisses FedEx From Indiana Shooting Lawsuit, Citing Work Comp Act October 20, 2022 A federal judge has dismissed FedEx from a lawsuit filed by relatives of five of the eight people who were...
Pakistan’s Catastrophic Flood Damage Estimated to Cost $40 Billion: Officials October 20, 2022 By Faseeh Mangi The damage from this summer’s catastrophic flooding in Pakistan is now estimated at $40 billion, as much as 25% higher...