Miner BHP Calls $6.3B English Lawsuit over Brazil Dam Collapse ‘Pointless and Wasteful’ July 22, 2020 By Kirstin Ridley and Zandi Shabalala Anglo-Australian miner BHP has dismissed as pointless and wasteful a 5 billion pound ($6.3 billion) English lawsuit by 200,000 Brazilian...
Magnitude 3.7 Earthquake Hits Southwest Utah July 22, 2020 A minor earthquake struck a remote corner of Utah early Tuesday, the U.S. Geological Survey confirmed. The USGS reported that...
California Court Upholds Monsanto Cancer Verdict, Slashes Damages to $21.5M July 22, 2020 A California appeals court has upheld a groundbreaking verdict that Monsanto’s widely used weed killer caused cancer in a school...
Coronavirus, Civil Riot, Investment Losses Take Bite Out of W.R. Berkley Q2 Profit July 22, 2020 Larger investment losses and COVID-19 took a substantial bite out of W.R. Berkley’s 2019 second-quarter net income, but the specialty...
Inconsistent Data Hinders Climate Risk Comparisons for Insurers, Banks: Regulator July 22, 2020 By Huw Jones Comparing how banks and insurers from different countries cope with climate change is being hampered by a lack of consistent...
First Charges Filed Under New York’s Cyber Reg Involve First American Data Leak July 22, 2020 By Elizabeth Blosfield The New York State Department of Financial Services (DFS) has filed cybersecurity charges against a title insurance provider for exposing...
AIG Will Move to New Manhattan Headquarters in 2021 July 22, 2020 American International Group is moving its global headquarters in 2021 as part of a continued push to modernize its operations,...
Cyber Insurance Agency Coalition Now Offers Excess Coverage for Middle Market July 22, 2020 With new surplus lines capacity backed by Lloyd’s, cyber insurance and security company Coalition is moving beyond offering primary insurance...
Liberty Mutual Loses Bid to Charge Employer for Claims Paid from Exempt Workers July 22, 2020 By Jim Sams A workers’ compensation insurer cannot charge an employer an extra $1.7 million in premiums for the risk presented by employees...
New Jersey’s BCA Insurance Group Partners with NJM Insurance Group July 22, 2020 BCA Insurance Group has contracted with NJM Insurance Group (NJM) as an NJM Premier Agent, expanding its ability to connect...