Owners of Cars With Emissions ‘Defeat Devices’ Can Claim Damages: EU Court Adviser June 3, 2022 BRUSSELS – Owners of vehicles equipped with so-called defeat devices have a right to compensation from the vehicle manufacturer, an...
People Moves: NFP Appoints Markel’s Horsman as Head of Canadian National Broking; Insurer Openly Expands Reinsurance Division, Hiring Landi From Everest Re June 3, 2022 This edition of International People Moves details appointments at the broker NFP and homeowners’ insurer, Openly. A summary of these...
LexisNexis Acquires Home Inspection Tech Firm Flyreel June 3, 2022 LexisNexis Risk Solutions has acquired Flyreel, a Denver-based property technology firm that uses artificial intelligence (AI) and machine learning to...
How to Insure the World’s Most Expensive Car? Hint: Like a Piece of Art June 3, 2022 By Hannah Elliott On May 5, a 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupe sold for $142 million during an auction at the Mercedes-Benz...
American Chamber of Commerce Voices Concerns About EU Plan for Foreign Subsidies June 3, 2022 By Foo Yun Chee Proposed EU legislation targeting foreign state-backed buyers of European companies prompted by fears of a Chinese buying spree may be...
Allianz to Retain 49.9% Stake in Russian Operations After Sale to Interholding June 3, 2022 The insurer Allianz said on Friday it would sell a majority stake in its Russian operations to the owner of...
EU Gives Final Nod to Sanctions Targeting Russia’s Oil, Insurance, Sberbank June 3, 2022 By Gabriela Baczynska and Jan Strupczewski BRUSSELS – The European Union on Thursday gave its final approval to new sanctions on Russian oil and top bank...
Oklahoma Court: Tort Reform Law Allows Lawsuit Against Employer June 3, 2022 By Jim Sams Jerry Harwood couldn’t collect workers’ compensation benefits after he was paralyzed when he was struck by a car while trying...
Wisconsin Construction Company to Settle $140,000 EEOC Suit June 3, 2022 A Waukesha, Wisconsin construction and commercial real estate renovation company will pay $140,000 and furnish other relief to settle a...
Ex-Ohio Insurance Agent Arrested for Defrauding Customers June 3, 2022 A former Ohio insurance agent was arrested June 2 on federal charges alleging he defrauded dozens of victims in the...