Magnitude 5.7 Earthquake Hits Pakistan, Killing at Least 20 October 7, 2021 QUETTA, Pakistan – An earthquake of magnitude 5.7 hit southern Pakistan in the early hours of Thursday, killing 20 people,...
Nigerian Oil Producer Sues Shell for More Than $2B Over Ownership of Wells October 7, 2021 By William Clowes A Nigerian oil producer sued Royal Dutch Shell Plc for more than $2 billion over the ownership of oil wells,...
U.S. to Require Cyber Disclosure, Security Plans From ‘High Risk’ Air, Rail Companies October 7, 2021 By Christopher Bing The Transportation Security Administration will introduce regulations that compel the most important U.S. railroad and airport operators to improve their...
Australia’s Top Law Officer Wants Defamation Rules Redrafted for Internet Age October 7, 2021 Australia’s top law officer has written to her state counterparts urging them to redraft the country’s defamation law after a...
Why Tesla Could Face Tough Road If It Tries to Slash $137M Racial Bias Verdict October 7, 2021 By Daniel Wiessner Tesla Inc. will likely seek to slash a $137 million jury award for a Black worker who accused the automaker...
S. Africa Insurer Santam Loses Appeal in COVID-19 Business Income Case With Hotelier October 7, 2021 JOHANNESBURG – South Africa’s Supreme Court of Appeal has ruled Santam is liable to cover the impact of COVID-19 restrictions...
July’s European Floods Generated Largest Non-U.S. Insurance Industry Loss in 2021 October 7, 2021 The extreme flooding event in Western Europe in mid-July generated the largest insurance industry loss figure so far this year...
U.S. Approves Fire Retardant That Could Be ‘Game-Changer’ in Fighting Wildfires October 7, 2021 By Keith Ridler U.S. officials on this week approved a long-lasting fire retardant that could significantly aid in fighting increasingly destructive wildfires by...
Arrow Risk Management Launches MGA Platform, Led by Former Barbican Executives October 7, 2021 Arrow Risk Management announced the launch of its new MGA underwriting platform, led by Jon Godfray as chief executive officer...
Broker New Dawn Risk Group Launches Europe Subsidiary in Malta October 7, 2021 New Dawn Risk Group, the London-based broker, announced the launch of its new European subsidiary, New Dawn Risk (Europe), headquartered...