DARAG Completes Sale of North American and Bermuda Businesses to RiverStone December 19, 2024 DARAG Group, the Malta-based legacy acquirer that focuses on the European market, announced it has completed the sale of its...
Denmark Warns That Russia May Send Warships to Escort Oil Tankers December 19, 2024 By Sanne Wass Denmark warned that Russia’s navy may start escorting the so-called shadow fleet tankers through Danish straits to escalate provocations against...
People Moves: Generali Global Corporate & Commercial Taps Allianz’s Moro as Head of Cyber Insurance; Miller Bolsters Asia Power Team, Appointing Howden’s McGonagle December 19, 2024 This edition of International People Moves details appointments at Generali Global Corporate & Commercial (GC&C) and the broker Miller. A...
W. R. Berkley Launches Branch Office in India December 19, 2024 W. R. Berkley Corp., the Greenwich, Connecticut-based insurer, announced that Berkley Insurance Co. has received regulatory approval to launch a...
NHTSA to Extend Airbag Probe Rather Than Require Vehicle Recall December 19, 2024 By David Shepardson The National Highway Traffic Safety Administration said on Wednesday it will not seek an immediate recall of airbag inflators in...
Third Circuit Finds Pennsylvania’s JUA — and Its Surplus— Are Public, Not Private December 19, 2024 By Andrew G. Simpson Pennsylvania’s facility that insures high risk medical professionals is a public agency, not a private entity, the Third Circuit Court...
Senate Says Climate Is Causing Insurance ‘Crisis’; Industry Strikes Back December 19, 2024 By Chad Hemenway The U.S. Senate Budget Committee on Wednesday held a hearing to release a study they said confirms climate change is...
European Insurers’ Fundamentals Resilient to Moderating Premium Rates, Falling Yields December 19, 2024 By Sabine Bauer and Manuel Arrivé European insurers approached the new year from a position of strength, having benefited from supportive interest rates and pricing cycles...
Viewpoint: Strategies for Brokers as M&A Slows and Insurance Rates Soften December 19, 2024 By Heather Sullivan and Robert Held The brokerage industry is adapting to a changing landscape as macroeconomic conditions temper the tailwinds that have driven growth in...
Donald Trump Sues Iowa Newspaper Over Pre-Election Poll December 19, 2024 By David Bauder President-elect Donald Trump sued the Des Moines Register and its pollster for “brazen election interference” in publishing a survey the...