Supreme Court Scales Back Doctrine Giving Deference to Regulatory Agencies June 27, 2019 By Andrew Chung The U.S. Supreme Court on Wednesday constrained the power of federal agencies, scaling back a legal doctrine that calls for...
Wegener to Succeed Willaert as President of FERMA June 27, 2019 The Federation of European Risk Management Associations (FERMA) has chosen as its next President Dirk Wegener, global head of Corporate...
Sweltering Heatwave in Germany Sparks Wildfires, Forces Speed Cut on Autobahn June 27, 2019 By William Wilkes and Brian Parkin A blistering heatwave prompted Germany to impose speed restrictions on usually limit-free stretches of its high-speed motorways Wednesday, the latest...
Moody’s, Israel’s Team8 to Offer Business Cyber Risk Benchmark for M&As, Insurance June 27, 2019 By Tova Cohen and Ari Rabinovitch Ratings agency Moody’s Corp. and Israeli cyber group Team8 launched on Thursday a joint venture to assess how vulnerable businesses...
Higginbotham Named Swiss Re’s CEO Reinsurance Asia, Replacing Plunkett June 27, 2019 Swiss Re announced that Russell Higginbotham has been appointed CEO Reinsurance Asia and regional president, effective July 8, 2019, and...
Swiss Re’s UK Unit ReAssure to Be Valued at up to $4.2B in IPO June 27, 2019 By John Revill UK life assurance business ReAssure will be valued at up to 3.3 billion pounds ($4.2 billion) when it floats on...
Michigan Democratic Leader Says Businesses, Heavy Trucks Must Fix Roads June 27, 2019 By David Eggert With Republicans firmly opposed to a 45-cents-a-gallon fuel tax hike, Democratic lawmakers want businesses to do more to help fix...
National Weather Service Confirms Rare West Virginia Tornado June 27, 2019 The National Weather Service says storm-related damage indicates that a rare tornado touched down in West Virginia. The weather service...
What Passed, What Didn’t: New Florida Laws Taking Effect July 1 June 27, 2019 By Amy O'Connor The Florida Legislature looked at and passed many pieces of legislation in the 2019 session that will impact the insurance...
Discovery of New Risk with Boeing 737 to Prolong Grounding June 27, 2019 By David Shepardson and Eric M. Johnson The U.S. Federal Aviation Administration has identified a new risk that Boeing Co. must address on its 737 MAX before...