North Carolina City Settles Female Firefighter’s Discrimination Lawsuit April 14, 2022 Officials in a North Carolina city have settled a federal discrimination lawsuit with a former female firefighter who said she...
Affidavit of Merit Not Needed in Vicarious Liability Claims, Rules New Jersey High Court April 14, 2022 By Andrew G. Simpson A plaintiff is not required to present an affidavit of merit when bringing a vicarious liability claim against a licensed...
People Moves: AIG Promotes Bolt; RIMS Honors Griffith; Tokio Marine HCC Hires Ingerslev for Cyber; Frenier to Lead CAC Specialty Prof, Cyber Business Development April 14, 2022 AIG Appoints Tom Bolt EVP and Chief Risk Officer American International Group (AIG) said Tom Bolt was named Executive Vice...
Carolina Supreme Court Says Insurers Owe in Aging Fertilizer Pollution Case April 14, 2022 By Jim Sams The carriers that insured a Charleston fertilizer plant more than 30 years ago are liable for contamination at the site...
People Moves: QBE Re Names Barber Head of U.S. Treaty, Succeeding Larson; MNK Re Hires Pillay to Lead S. Africa Branch; Francis Promoted to MD, CFC Response April 14, 2022 This edition of International People Moves details appointments at QBE Re in the U.S., specialist broker MNK Re Group and...
Familiar Securities Plaintiff Sues to Stop Berkshire’s $11.6 Billion Deal for Alleghany April 14, 2022 By Chad Hemenway At least one shareholder of Alleghany Corp. is unhappy with the insurer’s agreement to be bought by Warren Buffett’s Berkshire...
Dog-Related Claims Cost U.S. Home Insurers Nearly $900M in 2021 April 14, 2022 Dog bites and other dog-related injuries accounted for more than one-third of all homeowners liability claim dollars paid out in...
Reuters – Oil Traders to Cut Russia Oil Purchases to Avoid Falling Foul of EU Sanctions April 14, 2022 By Julia Payne Major global trading houses are planning to reduce crude and fuel purchases from Russia’s state-controlled oil companies as early as...
Swiss Re Chairman Re-elected Despite Proxy Adviser’s Concerns About Diversity April 14, 2022 Swiss Re shareholders re-elected Sergio Ermotti as chair, the company said on Wednesday, despite a recommendation by proxy adviser Institutional...
Staff at UK Financial Conduct Authority Vote to Strike Over ‘Unacceptable’ Pay Reforms April 14, 2022 By William Shaw Staff at the UK Financial Conduct Authority have voted to go on strike for the first time in a dispute...