Judge ‘Strongly’ Inclined to Approve Volkswagen $14.7 Billion Settlement October 19, 2016 By Kartikay Mehrotra and Margaret Cronin Fisk Volkswagen AG and car owners will likely secure a federal judge’s final sign-off on their $14.7 billion settlement as the...
French Utility Firm Veolia Beefs Up Cyber Security to Protect Water Plants October 19, 2016 By Francois de Beaupuy Veolia Environnement SA, the French utility that provided drinking water to 100 million people last year, has beefed up cyber...
9 Top Cyber Attacks Reported by Small Businesses; Most Still Unprotected October 19, 2016 Most small-business owners (78 percent) still don’t have a cyberattack response plan, even though more than half (54 percent) were...
Cobalt & Capita Plan to Launch Lloyd’s 1st Fully Shariah Compliant Syndicate October 19, 2016 Cobalt Insurance Holdings Ltd. and Capita Managing Agency Ltd. (CMA) have announced they have taken a significant step in the...
France to Hike Premium Tax to Bolster Compensation Fund for Attack Victims October 19, 2016 France plans to increase a levy on property insurance policies to 5.90 euros [$6.30] from 4.30 euros [$4.59] per contract...
EU Needs Pan-European Pension Product to Cut Complexity, Costs: Regulator October 19, 2016 By Oliver Suess The European Union needs a common pension product because existing long-term savings offerings are too complex and costly, the region’s...
Moon Appointed CEO of JLT Re Korea October 19, 2016 JLT Re, the London-based reinsurance broker and consultant, has appointed Jong Kuk (“JK”) Moon as CEO of JLT Re Korea....
Philippines Readies for Super Typhoon Haima – in 2nd Storm in a Week October 19, 2016 By Cecilia Yap The Philippines raised the storm alert for two northern provinces to its highest level as authorities moved people to safer...
Oklahoma Waiting for Guidance on Workers’ Comp Opt Out Transition October 19, 2016 By Stephanie K. Jones There seems to be more questions than answers as to what happens next in the wake of the Oklahoma Supreme...
First Consumer Class Action Filed Over Samsung Note 7 Smartphone October 19, 2016 By Chris Dolmetsch Samsung Electronics Co.’s woes over the Galaxy Note 7 smartphone have moved into the courtroom. Three people who bought the...