Russia’s Nornickel Denies Allegations of Cover-Up over Arctic Oil Spill July 13, 2020 By Andrew Osborn and Tom Balmforth Pressure is mounting on Russian mining company Norilsk Nickel over an Arctic oil spill that has wiped about 17% off...
P/C Insurance Survey: 55% Back Worker Presumption; 54% See Interrupt Cases Failing July 13, 2020 A slight majority (54%) of property /casualty insurance industry professionals think insurers will succeed in defeating legal and political attempts...
Guy Carpenter Names Lawrence from Willis Towers Watson as Head of GC Fac UK July 13, 2020 Guy Carpenter & Co., the reinsurance brokerage division of Marsh & McLennan Cos., announced the appointment of Henry Lawrence as...
Allianz Acquires P/C, Auto Insurer from Brazil’s SulAmérica for Nearly $600M July 13, 2020 Allianz has finalized the acquisition of the automobile and other property & casualty business from SulAmérica in Brazil. This follows...
UK Supreme Court to Consider Landmark Equal-Pay Case Against Walmart’s Asda July 13, 2020 By Jonathan Browning A long-awaited equal pay lawsuit at the U.K. Supreme Court could see thousands of mostly female workers obtain better wages...
U.S. Targets Ship Insurers, Maritime Industry to Strengthen Venezuela Sanctions July 13, 2020 By Jonathan Saul and Matt Spetalnick Several companies that certify vessels are seaworthy and ship insurers have withdrawn services to tankers involved in the Venezuelan oil...
China Braces for Continuing Floods in One of Worst Rainfall Seasons on Record July 13, 2020 China is preparing for flooding in its northern regions that could potentially hurt crop output amid torrential rain that’s lasted...
South Carolina Halts Late-Night Alcohol Sales at Bars, Restaurants July 13, 2020 By Meg Kinnard In an effort to stem South Carolina’s raging coronavirus outbreak, particularly among young adults he says are gathering in unsafe...
Lamb Insurance Services Acquires Prestige Insurance Agency of North Carolina July 13, 2020 Lamb Insurance Services has acquired Prestige Insurance Services, effective July 1, 2020. Gene Dennis, managing client executive of Prestige, and...
Insurity Acquires Virtual MGA in Texas July 13, 2020 Insurity Inc., a provider of cloud-based core system solutions and data analytics for insurers, brokers, and MGAs, has completed the...