Ardonagh Group Agrees to Purchase BGC’s Insurance Business for $500 Million May 27, 2021 By L.S. Howard The Ardonagh Group, a leading UK insurance broker, announced it has agreed to acquire the insurance operations of BGC Partners...
Rising Global Temperatures Move Closer to Climate Change Tipping Point: U.N. Report May 27, 2021 By Andrea Januta There is now a 40% chance that global temperatures will temporarily reach 1.5 degrees Celsius above pre-industrial levels in the...
Shell Loses Landmark Climate Case in Ruling with Global Implications for Big Oil May 27, 2021 By Bart H. Meijer, Ron Bousso and Shadia Nasralla THE HAGUE/LONDON – A Dutch court ordered Royal Dutch Shell to drastically deepen planned greenhouse gas emission cuts on Wednesday,...
Chubb Updates Lower Middle Market Commercial Package Product May 27, 2021 Chubb has rolled out a new insurance product for the lower middle market segment with an expanded base coverage offering...
After Dutch Ruling Against Energy Company, Focus Turns to U.S. Climate Lawsuits May 27, 2021 By Sebastien Malo A landmark ruling on Wednesday by a Dutch court ordering Royal Dutch Shell to drastically cut its planned greenhouse gas...
People Moves: Island Insurance Names Kuioka COO, The Liberty Company Insurance Brokers Adds Newman in California May 27, 2021 Island Insurance Co. has promoted Scott Kuioka to senior vice president and chief operating officer. Kuioka will continue to serve...
Judge Rejects Bayer’s $2 Billion Proposal to End Roundup Litigation May 26, 2021 By Tom Hals A U.S. judge rejected Bayer’s $2 billion class action proposal aimed at resolving future lawsuits alleging its Roundup weedkiller causes...
Northwestern Oklahoma Shaken by Preliminary Mag 4.5 Quake May 26, 2021 A strong earthquake measured at a preliminary magnitude of 4.5 rattled a small northwestern Oklahoma town Tuesday but apparently caused...
The Liberty Company Acquires Assets of Gray-Stone & Co. in California May 26, 2021 The Liberty Company Insurance Brokers has acquired the assets of Thousand Oaks, Calif.-based Gray-Stone & Co. Terms of the deal...
Texas Seeking Insurer Data on Catastrophe Experience in 2020 May 26, 2021 The Texas Department of Insurance (TDI) has issued a data call for information from certain insurance companies writing property insurance...