COVID-19 Claims of $44B Are 3rd Largest Catastrophe Loss: Howden January 4, 2022 Insured losses of $44 billion from COVID-19 so far represent the third largest cost to insurers of any catastrophe, behind...
How to Create a Hybrid Workplace and Office Culture January 4, 2022 By Kelsey Sheehy Businesses figured out how to work remotely on the fly when COVID-19 rapidly disrupted their ways of working. Those planning...
UK Broker Aston Lark Acquires Mainstay Insurance January 4, 2022 Aston Lark, the London-based insurance broker that is soon to become part of Howden, announced the acquisition of UK broker...
Verizon, AT&T Agree to 2-Week Delay in 5G Deployment January 4, 2022 By David Shepardson Verizon Communications and AT&T Inc. said late on Monday they had agreed to a two-week delay in deploying C-Band wireless...
Foxconn Unlikely to Reopen India iPhone Manufacturing Facility Until Jan 7: Official January 4, 2022 By Sudarshan Varadhan Apple Inc supplier Foxconn is unlikely to reopen its shuttered iPhone manufacturing facility in southern India until Jan. 7, a...
China Evergrande’s Investors Protest, Shouting ‘Return Our Money!’ January 4, 2022 By David Kirton GUANGZHOU, China – Investors in financial products issued by China Evergrande Group protested outside the cash-strapped company’s offices in Guangzhou...
European Floods in Mid-July Cost Insurers $12B, Topping Non-U.S. Events in 2021 January 4, 2022 The most significant non-U.S. loss event in 2021 was the mid-July flooding in Western Europe, according to CRESTA, the Zurich-based...
Philadelphia, New Jersey Contractors Face Total $537K in Penalties for Safety Hazards January 4, 2022 On May 24, 2021, inspectors with the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) observed roofing workers...
Glatfelter Insurance Group Appoints Altshuler as Chief Actuary January 4, 2022 Glatfelter Insurance Group, an AIG company, appointed Rocklyn Altshuler as chief actuary. In his new role, Altshuler’s key responsibilities will...
World Insurance Associates Acquires Pennsylvania’s PLA Insurance Services January 4, 2022 World Insurance Associates LLC (WIA) acquired PLA Insurance Services (PLA) of Harrisburg, Pennsylvania, on December 1, 2021. Terms of the...