Pilot Chuck Yeager, Who Broke Sound Barrier, Sues Airbus for Trademark Infringement September 20, 2019 By Jonathan Stempel Chuck Yeager, the retired U.S. Air Force pilot who broke the sound barrier, has sued Airbus SE, accusing the aerospace...
France’s CNP Assurances Reaches Bancassurance Deal with Brazil’s Caixa Worth $1.7B September 20, 2019 By Carolina Mandl France’s CNP Assurances SA has reached a deal worth 7 billion reais ($1.7 billion) with Caixa Economica Federal to sell...
Re/insurers Rethink Climate Change Risks as Losses Grow from Wildfires, Floods, Hail September 20, 2019 By Lena Masri By the time David Kaisel got back from selling his flour at a farmers’ market, a wildfire in California’s Capay...
Bermuda’s Brit Re Gets ‘A’ Rating from AM Best as Firm Prepares to Write Casualty Treaty September 20, 2019 AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” to...
Hurricane Humberto Grazes Bermuda, Causing Little Damage September 20, 2019 By Don Burgess Cleanup crews in Bermuda were busy at work on Thursday after Hurricane Humberto grazed the island, which escaped major harm...
AXA Liabilities Managers Buys Non-Life Legacy Portfolio of Munich Re Malaysia September 20, 2019 AXA Liabilities Managers announced it has completed the acquisition of the non-life legacy portfolio of Munich Re Malaysia (a branch...
Marsh’s Torrent Technologies Expands Private Flood Coverage for Small Businesses September 20, 2019 Torrent Technologies, a Marsh company, has launched FloodPlus Commercial – a comprehensive private market primary flood insurance offering for agents...
Florida Governor Wants Stiffer Fines for Cities That Pollute September 20, 2019 Florida Gov. Ron DeSantis will ask the Legislature to increase fines for local governments that pollute state waters and give...
South Carolina Farmers Say Crops In Danger as Drought Grows September 20, 2019 By Jeffrey Collins Many farmers in South Carolina say a growing drought is threatening to devastate their crops right at harvest time and...
Nearly $80K in Wigs Stolen from South Florida Warehouse September 20, 2019 Police in South Florida say thieves stole up to $80,000 in merchandise from a wig warehouse. The owner of Prime...