Premia Holdings Expands Reinsurance Capacity with Formation of Elevation Re January 4, 2021 Premia Holdings Ltd. announced the formation of Elevation Re (SPC) Ltd., a sidecar vehicle which will provide collateralized reinsurance support...
Global Aviation Deaths Rose in 2020, Although Number of Crashes Fell January 4, 2021 By David Shepardson The number of people killed in large commercial airplane crashes rose in 2020 to 299 worldwide, even as the number...
Generali to Purchase AXA’s Greek Operations for $203 Million January 4, 2021 By Sonia Sirletti Assicurazioni Generali SpA agreed to buy the Greek operations of French insurer AXA SA as part of its plans to...
Alphabet’s Wing Aviation Warns Proposed Drone ID Rules Invite Privacy Issues January 4, 2021 By David Shepardson Alphabet Inc.’s drone delivery unit Wing criticized Trump administration rules issued this week mandating broadcast-based remote identification of drones, saying...
Daimler to Pay $30M Penalty to End Delayed Truck Safety Recall Probe January 4, 2021 By David Shepardson Daimler AG’s North American truck unit on Thursday agreed to a $30 million U.S. civil penalty to resolve an investigation...
Drugmakers Plan to Raise Prices in New Year: Reuters, 3 Axis Advisors January 4, 2021 By Michael Erman and Carl O'Donnell Drugmakers including Pfizer Inc., Sanofi SA, and GlaxoSmithKline Plc plan to raise U.S. prices on more than 300 drugs in...
Newly Appointed Florida Deputy CFO to Focus on Insurance Fraud January 4, 2021 Former Secretary of the Florida Department of Corrections Julie Jones has been appointed Deputy Chief Financial Officer within the Office...
2022 Risk Watchlist for Directors & Officers Is Full: Insolvencies, Litigation, ESG, Cyber… January 3, 2021 Corporate board members and company executives have a lot to worry about these says and can be held liable for...
Christmas Day Bombing Another Dark Day for Nashville Businesses, Residents December 30, 2020 By Kimberlee Kruesi and Bobby Caina Calvan When Sandy and Geff Lee finally saw a photo of the building that was home to their Nashville boutique on...
Texas U.S. Attorney: Luxury Jeweler Pays Serviceman in Discrimination Case December 30, 2020 The U.S. Attorney’s Office for the Southern District of Texas reported that luxury jeweler Harry Winston has paid a U.S....