From Banks to Telecoms, Large Firms Disclose Risks, Opportunities of Climate Change January 22, 2019 By Christopher Flavelle Bank of America Corp. worries flooded homeowners will default on their mortgages. The Walt Disney Co. is concerned its theme...
Drone Travel Chaos at Gatwick Airport Cost EasyJet Nearly $20 Million January 22, 2019 By Alistair Smout EasyJet lost 15 million pounds ($19 million) during 36 hours of travel chaos sparked by drones flying into London’s Gatwick...
N.J. Congressman Introduces Bill Requiring Rail Safety Probe Notification January 22, 2019 A New Jersey congressman has introduced legislation to force federal regulators to notify Congress when a railroad or transit agency...
Connecticut Insurance Department Recoups Nearly $8M January 22, 2019 The Connecticut Insurance Department says it recovered nearly $8 million for policyholders and taxpayers in 2018 by helping individuals, families...
Starkweather & Shepley Selects Burns to Lead Newly Opened Virginia Beach Office January 22, 2019 Starkweather & Shepley Insurance Brokerage Inc. (S&S) has opened a new Virginia Beach, Va., location led by Christopher Burns, senior...
M&T Insurance Agency Hires Batt in Washington D.C. January 22, 2019 M&T Insurance Agency (MTIA) has hired Jeffrey Batt to its Washington, D.C., office as the cyber insurance practice leader. In...
BHSI Offers Transactional Liability Cover in UK & Europe, Appoints Martin from Enstar January 22, 2019 Berkshire Hathaway Specialty Insurance (BHSI) announced it is expanding its North American Transactional Liability Insurance business into the UK and...
Legacy Acquirer DARAG Buys Italian Motor Business from DONAU Versicherung January 22, 2019 Legacy Acquirer DARAG Group Ltd. announced it has agreed to purchase a portfolio of Italian non-life business, consisting primarily of...
Insurance Covered $90B of Natural Disaster Losses in 2018, Leaving 60% Protection Gap January 22, 2019 The economic costs of last year’s 394 natural catastrophe events came to US$225 billion with insurance covering US$90 billion of...
Danske Bank Faces Shareholder Lawsuit over Money Laundering Scandal January 22, 2019 By Kirstin Ridley Litigation funder IMF Bentham has teamed up with legal experts Quinn Emanuel and Njord Law Firm and plans to file...