Lloyd’s Moves to End Insurance and Investments in Coal for Climate Sustainability December 17, 2020 By L.S. Howard The Lloyd’s market is moving to end its insurance of coal and oil sands businesses while at the same time...
Exxon Argues Massachusetts Climate Fraud Lawsuit Punishes It for Opinion December 17, 2020 By Erik Larson Exxon Mobil Corp. told a judge that a fraud lawsuit filed by Massachusetts last year amounts to illegal punishment for...
First Coronavirus Business Interruption Trial Gets Underway December 17, 2020 By Jef Feeley and Katherine Chiglinsky The owners of a restaurant in the heart of the New Orleans French Quarter are asking a Louisiana judge to...
Maryland Woman Charged with Insurance Fraud After Setting Fire to Her House December 17, 2020 After a lengthy investigation, deputies of the Maryland State Fire Marshal’s Office have charged a Caroline County woman for intentionally...
Canada Reports 20-Year High in Overseas Investment in Insurance M&A December 17, 2020 By Maiya Keidan and Carolyn Cohn Canadian firms’ overseas investment in insurers hit a 20-year high this year boosted by Intact Financial’s joint agreement last month...
Shell Fights Landmark Case Alleging Its Climate Change Stance Harms Human Rights December 17, 2020 By Laura Hurst and Diederik Baazil Royal Dutch Shell Plc is in court in The Hague for the final hearing in a landmark case that could...
Solvency II Capital Rules for Insurers Need Changing: EU Watchdog December 17, 2020 By Huw Jones The European Union’s capital rules for insurers need changing to reflect low interest rates and provide stronger intervention powers like...
South Africa Court Dismisses Insurer Guardrisk’s Appeal in Coronavirus Claims Case December 17, 2020 JOHANNESBURG – A South African court on Thursday dismissed insurer Guardrisk’s appeal against a previous ruling that found it was...
The Hilb Group Acquires New York’s Moran, Moran, & Dauphin Inc. December 17, 2020 The Hilb Group LLC (THG) has acquired New York-based Moran, Moran, & Dauphin Inc. (MMDI). The transaction became effective on...
Marshall & Sterling Insurance to Acquire New York’s Jaeger & Flynn Associates December 17, 2020 Marshall & Sterling Insurance, a 100% employee-owned company, has entered into an agreement to acquire Jaeger & Flynn Associates Inc....