Chubb and Chile Insurtech Betterfly Form Partnership for LatAm Offering December 2, 2021 By Carolina Millan and Jorgelina do Rosario Chubb Ltd. is joining with insurance-tech startup Betterfly for offerings in Mexico, Colombia, Ecuador, Chile and Argentina as the companies...
Fed’s Powell Prepares for Possible Pivot With Inflation Risks Rising December 2, 2021 By Jonnelle Marte and Lindsay Dunsmuir The U.S. central bank needs to be ready to respond to the possibility that inflation may not recede in the...
Update on Court Challenges to Biden Covid Vaccine Rules December 2, 2021 By Tom Hals Courts have recently blocked some of the Biden administration’s rules and regulations aimed at increasing U.S. vaccination against COVID-19, which...
Convex Europe Receives UK Regulatory Approval December 2, 2021 Convex Group Ltd. announced that the UK branch of its recently established Luxembourg-based European insurer, Convex Europe SA (CES) has...
Willis Towers Watson Launches Industry Risk Forum for Ports and Terminals December 2, 2021 Insurance broker Willis Towers Watson announced the launch of a dedicated risk forum for the ports and terminals industry. With...
European Insurers Wary of Rising Threat of Sanctions Against Nord Stream 2 Pipeline December 2, 2021 By Carolyn Cohn and Kirstin Ridley A simmering threat of sanctions against the operator of the $11 billion Nord Stream 2 pipeline risks shutting off cover...
Howden Acquires UK Specialist Broker Ross Insurance Group December 2, 2021 Howden, the international re/insurance broker, announced it has acquired Ross Insurance Group, a commercial broker servicing corporate and technology clients,...
Arthur J. Gallagher & Co. Buys Australia’s Sound Insurance Services December 2, 2021 Arthur J. Gallagher & Co. announced the acquisition of Caulfield, Victoria-based Sound Insurance Services in Australia. Terms of the transaction...
Texas Barge Company to Pay More Than $15 Million Over Oil Spill December 2, 2021 Houston, Texas-based Kirby Inland Marine LP has agreed to pay $15.3 million in damages and assessment costs under the Oil...
Michigan Abandons Oil Pipeline Suit, Refocuses on Separate Case December 2, 2021 By John Flesher Michigan Gov. Gretchen Whitmer abandoned a lawsuit Tuesday, Nov. 30 aimed at shutting down an oil pipeline that runs through...