AM Best Downgrades, Withdraws Credit Ratings of Conifer Insurance Group March 22, 2024 AM Best downgraded the Financial Strength Rating to C (Weak) from B+ (Good) and the Long-Term Issuer Credit Ratings (Long-Term...
Apple, Meta, Google to Face EU Digital Markets Act Probes: Sources March 22, 2024 By Foo Yun Chee Apple, Meta Platforms and Alphabet’s Google are set to be investigated for potential violations of the European Union’s Digital Markets...
South African Insurer Discovery in Talks With US Insurers to Expand March 22, 2024 By Adelaide Changole Discovery Ltd., South Africa’s biggest health insurance provider, is in talks with US peers to bring its flagship wellness program...
Moody’s on Why 2023 Was So Warm and What Will Happen This Year March 22, 2024 By Don Jergler A Moody’s publication looks why it was so warm last year and the impacts the effects of global warming will...
Biden’s LNG-Permit Halt Challenged by 16 States in Lawsuit March 22, 2024 By Elizabeth Elkin, Madlin Mekelburg and Ari Natter Texas, Louisiana and more than a dozen other US states challenged the Biden administration’s suspension of new licenses to export...
Red Sea Fighting Traps Two Oil Ships in Houthi Waters March 22, 2024 By Jonathan Saul, Noah Browning and Mohammed Ghobari Two tankers, containing oil and toxic waste, are stuck in the Red Sea in the firing line between Western naval...
Denmark Detains Shadow Fleet Oil Tanker After Ship Collision March 22, 2024 By Alex Longley Danish maritime authorities have detained a tanker that was due to carry Russian oil after it collided with another ship...
SpaceX Forced Workers to Sign Illegal Severance Agreements, Claims NLRB March 22, 2024 By Daniel Wiessner Elon Musk’s SpaceX has been accused by a U.S. labor agency of requiring employees who were laid off or fired...
Possibility of a Billion-Dollar Systemic Cyber Event ‘Is Real’ March 22, 2024 By Jahna Jacobson A systemic event and the threat it could pose to insurers’ portfolios is not the million dollar question, but perhaps...
Wary of New Security Law, Foreign Firms in Hong Kong Bolster Contingency Plans March 22, 2024 By James Pomfret and Greg Torode Vague provisions in Hong Kong’s new national security law around state secrets and links to foreign entities have put on...