Possible Water Crisis for Ag Operations on Oregon-California Border April 19, 2021 By Gillian Flaccus Hundreds of farmers who rely on a massive irrigation project that spans the Oregon-California border learned Wednesday they will get...
Arch Capital Estimates Q1 Catastrophe Losses Could Reach $190 Million April 19, 2021 Arch Capital Group Ltd. estimated a range of pretax catastrophe losses of $180 million to $190 million for the first...
Helix Underwriting to Write Excess Casualty, Forming Agency Agreement with Watford April 19, 2021 Helix Underwriting Partners Ltd., the Bermuda-based managing general agency, has expanded its agency platform into the excess casualty insurance segment....
Two Die in Tesla Crash in Texas April 19, 2021 By Hyunjoo Jin and Kanishka Singh Two men died after a Tesla vehicle, which was believed to be operating without anyone in the driver’s seat, crashed...
FDA Halts Vaccine Manufacturing at Plant Where Doses Were Wasted April 19, 2021 By Manas Mishra and Ankur Banerjee The U.S. Food and Drug Administration has asked Emergent BioSolutions Inc. to halt producing new materials for COVID-19 vaccines until...
China Launches 1st Class-Action Lawsuit as Regulators Vow to Fight Accounting Fraud April 19, 2021 SHANGHAI – China launched the country’s first class-action lawsuit against a listed company on Friday, targeting Kangmei Pharmaceutical Co, as...
P/C Insurers Need to Hike Key Commercial Rates Even More: A.M. Best April 19, 2021 The environment for many of the U.S. property/casualty (P/C) insurers lines remains competitive despite the need for rate increases for...
Guy Carpenter Names Co-Heads of Cyber, Hiring Swiss Re’s Cordonnier, Promoting Davis April 19, 2021 Guy Carpenter & Co., the reinsurance brokerage business of Marsh McLennan, announced the appointment of Anthony Cordonnier as managing director...
Arthur J. Gallagher Invests in Broker ACE via Partnership with Dubai’s MIG Group April 19, 2021 Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced that it has agreed to a strategic partnership with...
SCOR Reports 4.3% Increase in Reinsurance Prices During April Renewals April 19, 2021 French reinsurer SCOR said it benefited strongly from continued improvements in pricing and terms and conditions, during the April 1,...