‘Cryptojacking’ Attacks on Financial Firms Surged in First Half July 27, 2022 Hackers are increasingly targeting financial firms such as banks and trading houses with attacks designed to use their computer systems...
Lloyd’s Insurers Preparing to Cover Ukraine Grain July 27, 2022 By Carolyn Cohn Lloyd’s of London insurers and brokers are preparing to provide cover for grain shipments from Ukraine and are likely to...
Third Person Dies After Suspicious House Fire in Nashville July 27, 2022 A third person has died from injuries after a suspicious house fire in Nashville, Tennessee, police said. Michael Young, 44,...
Hub Acquires Stop Loss Brokers in Massachusetts July 27, 2022 Global insurance broker HUB International Limited (Hub) reported that it has acquired the assets of Stop Loss Insurance Brokers, Inc....
Slump in Auto Sales Leads to Outlook Downgrade for Discovery Insurance in Carolina July 27, 2022 AM Best financial rating service announced it has downgraded the outlook for North Carolina-based Discovery Insurance Co., from stable to...
Pennsylvania’s Auto Insurance ‘Regular Use’ Exclusion Faces State High Court Scrutiny July 27, 2022 By Andrew G. Simpson The Pennsylvania Supreme Court has agreed to consider a case that could limit application of the “regular use exclusion” in...
People Moves: Acrisure Re Hires Carpenter’s Furlong; HDI Global Specialty Promotes Button for Distribution & Biz Devel.; Tokio Marine Names Former QBE Exec for Board July 27, 2022 This edition of International People Moves details appointments at broker Acrisure Re and two insurers: HDI Global Specialty and Tokio...
UK Insurers, Banks Risk Fines Under New Reforms Unless They Put Customers First July 27, 2022 By William Shaw Financial firms may be fined and stripped of their regulatory authorization unless they put their customers’ needs first under far-reaching...
Woman Pleads Guilty in Louisiana Staged Auto Collision Scheme July 27, 2022 United States Attorney Duane A. Evans announced that Stacie Wheaton, age 51, of Fairburn, Georgia, pled guilty on July 21,...
Powerful 7.1 Magnitude Quake Hits Philippines, Killing at Least 4 July 27, 2022 By Neil Jerome Morales and Karen Lema A powerful 7.1 magnitude earthquake struck the northern Philippine island of Luzon on Wednesday killing four people, damaging buildings and...