Global Power Grids Are Becoming Increasingly Vulnerable to Cyber Attacks March 4, 2021 More than five years after massive cyber attacks left a quarter of a million Ukrainians without electricity, the world’s power...
Two Dead After Getting Struck at Boston Construction Site March 4, 2021 Two people died when they were struck by a truck at a construction site in Boston on Wednesday, officials said....
McGowan Acquires Couch Braunsdorf Insurance Group’s Wholesale Division March 4, 2021 The McGowan Companies, based in Fairview Park, Ohio, has acquired the assets of the wholesale division of Liberty Corner, N.J.-headquartered...
Additional Charges Brought Against Two Massachusetts Men in Fraud Scheme March 4, 2021 A federal grand jury in Worcester, Massachusetts, brought additional charges against two men in connection with their involvement in an...
Brit Combines Ambridge and BGSU to Create U.S. MGA March 4, 2021 Brit Ltd. said it will merge its U.S. service company platform, Brit Global Specialty USA, and its managing general agency...
Home Insurance Agency Hippo to Go Public in $5B SPAC March 4, 2021 By Sohini Podder Hippo Enterprises said it will go public through a merger with a blank-check firm, backed by Silicon Valley heavyweights Reid...
French Families Join Class Action After Thousands of COVID Deaths in Nursing Homes March 4, 2021 By Angela Charlton PARIS – A Paris court [held] a hearing Wednesday in a class-action effort to hold French health authorities and companies...
Greensill Capital’s Funding Crisis Could Lead to Losses for Insurers, Banks: Analysis March 4, 2021 By Tom Bergin LONDON – A funding crisis at Greensill Capital could spill over to some of its high-risk borrowers and lead to...
Insurers Don’t Have Capacity to Handle Systemic Pandemic Risk: Generali CEO March 4, 2021 MILAN – Europe’s insurance industry doesn’t have the capacity to deal with the systemic risk of a pandemic and more...
London-Based Broker Costero Holdings Acquires Mar Risk Services March 4, 2021 Costero Holdings, a privately held London-based brokerage, has acquired the independent broker Mar Risk Services Ltd. (MarRS), effective March 1,...