Specialist Risk Group’s MGA, MX, Agrees to New Long-Term Capacity Arrangement June 13, 2024 Specialist Risk Group, the London-based insurance intermediary, announced that its managing general agent, MX, has agreed to a new capacity...
Canada’s Largest School Board Targeted by Ransomware Attack June 13, 2024 By Aimee Look Canada’s largest school district is investigating a cyber incident, adding to a series of ransomware attacks that have caused disruptions...
Commodity Ship Hit by Drone Near Yemen Is Taking on Water June 13, 2024 By Verity Ratcliffe, Alex Longley and Kateryna Kadabashy A commodity carrier was taking on water after being hit by a drone near Yemen, the latest incident underscoring the...
Zombies: Ranks of World’s Most Debt-Hobbled Firms Soaring, and Not All Will Survive June 13, 2024 By Bernard Condon They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival,...
Most US Drivers Support Anti-Speeding Technology in Vehicles: IIHS Survey June 13, 2024 More than 60% of the drivers in the United States would find it acceptable if their vehicle provided an audible...
US E&S Growth Slower in 2023; Berkshire, AIG Top Premium Rankings June 13, 2024 An analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines...
SpaceX Sued by Engineers Fired After Accusing Elon Musk of Sexism June 13, 2024 By Daniel Wiessner Rocket maker SpaceX and its CEO Elon Musk were sued on Wednesday by eight engineers who say they were illegally...
Liberty Mutual’s Angle on $4.7M Refund Differs Slightly from Florida Regulators’ June 13, 2024 By William Rabb Liberty Mutual Insurance this week should complete $5.2 million in refunds, premium credits and interest payments to more than 46,000...
California Governor Wants to Curb a Labor Law That Cost Businesses $10B June 13, 2024 By Josh Eidelson and Andrew Oxford For two decades, a California law has helped workers sue the world’s biggest companies. Drivers for Uber Technologies Inc. won...
D.A. in California Sues Farmers, Other Home Insurers Alleging Scheme to Underinsure June 13, 2024 Alameda County District Attorney Pamela Price’s Consumer Justice Bureau has sued multiple home insurance carriers in California, including Farmers Insurance...