Meta Must Face Investor Suit After Supreme Court Drops Case November 22, 2024 By Greg Stohr The US Supreme Court dismissed an appeal by Meta Platforms Inc., leaving it to face a lawsuit that accuses the...
Markets/Coverages: MGA Aqueous Secures Capacity Deal With Allied World and Sompo November 22, 2024 Aqueous Underwriting, the London-based MGA, has secured major new capacity in a three-year deal with A+ rated insurers Allied World...
People Moves: Markel Taps AEGIS London’s Pressman as Senior U/W, Marine Cargo; GC&C Names Chubb’s Selff as Head of Underwriting Asia November 22, 2024 This edition of International People Moves details appointments at Markel and Generali Global Corporate & Commercial. A summary of these...
Arbitration Claims Against LNG Exporter Venture Global Reach Close to $6 Billion November 22, 2024 By Ruth Liao Pending arbitration claims against liquefied natural gas exporter Venture Global LNG Inc. from several of its customers have grown to...
North Dakota Commissioner Godfread to Serve as NAIC President November 22, 2024 North Dakota Insurance Commissioner Jon Godfread will serve as the president of the National Association of Insurance Commissioners (NAIC) for...
World Insurance Acquires North Dakota’s F1 Insurance November 22, 2024 World Insurance Associates LLC announced that it acquired the business of First International Insurance (“FI Insurance”) -a division of First...
Ken Paxton Adds Dallas to List of Cities He’s Sued Over Marijuana Decriminalization November 22, 2024 By Stephen Simpson, The Texas Tribune Texas Attorney General Ken Paxton has filed another lawsuit to prevent decriminalizing marijuana-related offenses, this time against the city of...
Safer Buildings Vs More Housing: How New Building Codes May Impact Hawaii November 22, 2024 By Thomas Heaton A month after wildfires ravaged Maui in August 2023, Gov. Josh Green issued an emergency proclamation to postpone the adoption...
Florida Regulators Demand Data From Weiss Ratings After Recent Reports on Insurers November 22, 2024 Weiss Ratings, a Palm Beach Gardens financial ratings firm, sparked some outrage from the Florida insurance industry in recent weeks...
Global Non-Life Insurance Rates ‘Plateauing’ but Nat Cat Losses Delay Market Softening November 22, 2024 By L.S. Howard Global non-life premiums are expected to hit a decade-high growth level of 4.3% in 2024, following the repricing of risk...