Howden’s Motor Specialist MGA KGM Underwriting Acquires UK Motor MGA Eridge April 1, 2022 KGM Underwriting Services, a UK specialist motor insurer and subsidiary of Howden Group, announced the acquisition of Eridge Underwriting Agency,...
Ballplayer Files Defamation Suit Against The Athletic in California April 1, 2022 Los Angeles Dodgers pitcher Trevor Bauer sued The Athletic and former reporter Molly Knight, accusing them of “creating and spreading...
Washington County to Pay $1M to Family of Man Shot and Killed April 1, 2022 The family of a man with mental health issues who was shot and killed by a Spokane County Sheriff’s Deputy...
$102M to Pay California Students Abused by Teacher April 1, 2022 A jury has awarded $102.5 million to two women who sued a Northern California school district over what they said...
Fitch Downgrades California Earthquake Authority’s Ratings; Outlook Stable April 1, 2022 Fitch Ratings downgraded California Earthquake Authority’s Issuer Default Rating and revenue bond ratings to ‘A-‘ from ‘A’. The Rating Outlook...
Property Catastrophe Reinsurers Show Greater Risk Appetites as Price Hikes Continue April 1, 2022 Reinsurers have boosted their 2022 probable maximum loss (PML) exposures as higher prices continues to attract more capital to property-catastrophe...
Judge OKs $83M Settlement for Owners in Miami Beach Condo Collapse April 1, 2022 People who owned units in a Florida oceanfront condominium building that collapsed last year will divide $83 million for property...
Ukraine to Guarantee Insurance Payouts to Cargo Ships Damaged at Its Danube Ports April 1, 2022 Ukraine, a major producer of grain, oilseeds and steel products, will guarantee insurance payments to cargo vessels damaged in hostilities...
Zurich Insurance Accelerates Operational Net-Zero Target to 2030 Instead of 2050 April 1, 2022 Zurich Insurance Group announced it is bringing forward by 20 years its target to achieve net-zero emissions in its operations....
U.N. to Hold Companies to Their Net-Zero Pledges With Group of 16 Experts April 1, 2022 By Valerie Volcovici The United Nations on Thursday announced the members of an expert group that will scrutinize corporate pledges to achieve net-zero...