People Moves: Lloyd’s Names Chubb’s Miller as Commercial Dir.; Chubb Promotes Meyer to Switzerland Country Pres.; WTW Hires Aon’s Weda for Corp. Risk & Broking, Benelux January 20, 2022 This edition of International People Moves details appointments at Lloyd’s, Chubb and Willis Towers Watson (WTW). A summary of these...
Tennessee Jury Awards $9 Million to Man Who Sipped Cleaning Fluid at Restaurant January 20, 2022 A Tennessee jury has awarded damages far above what the plaintiff asked for, after finding the Cracker Barrell restaurant company...
Shock Rejection of Purdue Pharma Opioid Deal Raises Scrutiny by Bankruptcy System January 20, 2022 By Jeremy Hill The surprise rejection of Purdue Pharma LP’s sweeping opioid settlement is already reverberating through the rest of the bankruptcy system....
U.S. Airlines Report Only Minor Disruption From 5G Deployment January 20, 2022 By David Shepardson U.S. airlines said on Wednesday the rollout of new 5G services was having only a minor impact on air travel...
Oil Spill Caused by Massive Waves From Tonga Is ‘Ecological Disaster’ for Peru January 20, 2022 By Marco Aquino An oil spill at a refinery in Peru during high waves caused by the explosion last weekend of a volcano...
In Both Hard and Soft Markets, Zurich Aims to Maintain Focus on Underwriting Discipline January 20, 2022 By L.S. Howard Zurich Insurance Group has worked hard to turn around its financial results over the past five years by bringing underwriting...
Insurtech Reask Gets Funding to Deliver Next-Generation Natural Disaster Modeling January 20, 2022 Insurtech Reask, an Australian science and technology company that focuses on natural hazard modeling, announced it has closed its seed...
UK Insurtech Zego Expands in Europe, Targeting £20B Fleet Insurance Market January 20, 2022 Commercial motor insurer Zego announced a European expansion plan by launching in the Netherlands and ramping up operations in France,...
Cyber MGA Resilience Becomes Lloyd’s Coverholder January 20, 2022 Resilience, the San Francisco-based cyber managing general agent, announced it has earned delegated authority as a coverholder at Lloyd’s. As...
Houston Oil and Gas Exploration Companies to Settle $54,500 Disability Claim January 20, 2022 Two oil and gas exploration companies — Vantage Energy Services, Inc. and Vantage International Management Company Pte. Ltd. — will...