UK MGA Pen Underwriting Launches Claims Hub Dedicated to Property, Liability December 19, 2022 Pen Underwriting has launched a new regional claims hub in Chelmsford dedicated to managing commercial property and liability claims, which...
German Authorities Recover Significant Part of Haul From 2019 Jewelry Heist December 19, 2022 German authorities said Saturday that they have recovered a significant part of the 18th-century treasures stolen from Dresden’s Green Vault...
Maryland High Court Joins Others in Backing Insurer in Covid-19 Claims Denial December 19, 2022 By Andrew G. Simpson The Maryland Supreme Court has backed an insurer in rejecting a luxury brand company’s claim that its all-risk commercial property...
“Fortnite” Maker Epic Games to Settle Alleged Privacy Violation for $520M December 19, 2022 “Fortnite” creator Epic Games will pay $520 million to settle allegations that it illegally collected children’s personal information and tricked...
Arthur J. Gallagher & Co. Acquires NEK Insurance in California December 19, 2022 Arthur J. Gallagher & Co. acquired El Cerrito, California-based NEK Insurance Inc. Kevin Bruns, Jennifer Sylvestri, Kyle Peterson and their...
Judge Halting Provision Making California Gun Lawsuits Costlier December 19, 2022 By Julie Watson and Adam Beam A federal judge said he will block a provision in a new California law to take effect next year that...
Binance’s Books Are Black Box, Filings Show, as Crypto Giant Tries to Rally Confidence: Reuters December 19, 2022 By Tom Wilson, Angus Berwick and Elizabeth Howcroft The world’s biggest crypto exchange, Binance, is battling to shore up confidence after a surge in customer withdrawals and a...
CyberCube Gets $50M in Financing for Cyber Risk Analytics December 19, 2022 CyberCube announced $50 million in additional growth capital from investment funds managed by Morgan Stanley Tactical Value (Morgan Stanley), with...
New York Jury Convicts Lawyer, Doctor in $31M Trip-and-Fall Insurance Fraud December 19, 2022 A New York attorney and surgeon were convicted by a Manhattan jury of six counts of fraud for participation in...
Texas Manufacturer Fined $298K for Ignoring Workers’ Concerns December 19, 2022 A federal workplace safety investigation found that a Kyle vehicle parts manufacturer ignored repeated concerns raised by workers, and willfully...