Capital One Cyber Settlement to Cost $190 Million December 27, 2021 By Jenny Surane Capital One Financial Corp. agreed to pay $190 million to settle a class-action lawsuit that customers filed against the firm...
Canopius Completes Loss Portfolio Transfer Agreement With Legacy Acquirer Riverstone December 27, 2021 Canopius Group, the London-based global specialty re/insurer, announced it has completed a loss portfolio transfer (LPT) agreement with RiverStone International....
UK Broker Ardonagh to Acquire Portugal’s MDS Group December 27, 2021 UK broker Ardonagh Group announced it has agreed to acquire Portuguese broker MDS Group. Headquartered in Porto, MDS has offices...
Marsh Increases Shareholding in Marsh India from 49% to 92% December 27, 2021 Insurance broker Marsh announced that it has increased its shareholding in Marsh India Insurance Brokers Pvt. Ltd. from 49% to...
Lloyd’s Asia Launches Renewable Energy Consortium December 27, 2021 Lloyd’s has launched a new renewable energy consortium, to respond to the growing needs of the Asia-Pacific region and supporting...
New Hampshire Restaurant Fined After Fatal Crash by Intoxicated Customer December 27, 2021 The New Hampshire Liquor Commission has fined a restaurant in Windham, New Hampshire, $2,500 and suspended its liquor license for...
People Moves: DealerPolicy Hires Super, Cross Insurance Promotes Burton December 27, 2021 DealerPolicy Appoints Super as Head of Agency Solutions DealerPolicy, an insurance marketplace for automotive retail, appointed Tom Super as the...
New York Man Charged with Insurance Fraud in Stolen Tractor Scheme December 27, 2021 The New York State Police in Brunswick arrested 53-year-old Michael LePage of Glens Falls, New York, on December 17, 2021,...
This Year’s 10 Worst Climate Disasters Cost $170 Billion: Study December 27, 2021 By Damian Shepherd Ten of this year’s most destructive weather events cost a combined $170 billion in damages, according to a new study....
Italian Judge Drops Case Against Unipol CEO Over Merger With Insurer Fondiaria December 27, 2021 An Italian judge on Thursday dropped a case against the CEO of Unipol and six other people related to the...