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...
Heightened Penalties for Arson, Retail Theft in North Carolina Now in Effect December 6, 2022 Tougher penalties for certain types of arsons and large-scale thefts at stores in North Carolina are among all or portions...
Two Children Killed in House Fire in North Carolina December 6, 2022 Two children died and two adults were injured last weekend in a house fire in Salisbury, North Carolina. The Salisbury...
Maine Jury Awards Ex-Trooper $300,000 in Whistleblower Case December 6, 2022 A jury in Maine awarded a now-retired state trooper $300,000 Friday after finding that the state police retaliated against him...
Parents of Gunman in Deadly Pennsylvania State Trooper Shooting Settle Suit December 6, 2022 The parents of a gunman who killed a Pennsylvania state trooper and permanently disabled another eight years ago in an...