New York’s High Court Broadens ‘Foreign Substances’ That Cause Slippery Surfaces March 1, 2024 By Andrew G. Simpson New York’s highest court has put contractors and property owners on notice that they are responsible for slippery surfaces caused...
People Moves: Marsh McLennan Names Liston US, Canada Chief Commercial Officer March 1, 2024 Marsh McLennan, headquartered in New York, appointed David Liston as U.S. and Canada chief commercial officer (CCO) effective immediately. Liston...
Last Year Was Safest Ever to Fly, With No Jetliner Fatalities March 1, 2024 By Kate Duffy Last year was the safest ever for commercial flying by a number of measures, the airline industry’s global lobby said,...
Marsh McLennan, Ukraine, Lloyd’s Expand Insurance Facility for Non-Military Shipments March 1, 2024 Insurance broker Marsh McLennan, the Ukrainian government and Lloyd’s have announced a major expansion of the Unity insurance facility –...
State Farm Sets Another Record With $14B Underwriting Loss in 2023 March 1, 2024 A year after recording the largest underwriting loss in the company’s 100-year history, State Farm eclipsed it in 2023. The...
UK Plc Attracts Wave of Takeover Offers From Foreign Suitors March 1, 2024 By Alexandra Muller and Dinesh Nair The UK has become a hotbed for mergers and acquisitions this year as dealmakers hunt for bargains in the country’s...
Climate Tech Firm to Pilot Fast-Paying Flood Insurance in Africa March 1, 2024 By Leslie Kaufman Climate change is particularly perilous for small farmers. Warmer conditions are resulting in more damaging bouts of rain and drought,...
Taiwan Military Says Hackers Sold Telecom Giant’s Data on Web March 1, 2024 By Cindy Wang Taiwan’s military said hackers sold data stolen from the island’s biggest telecom company on the internet, the latest challenge to...
Job Cuts, Fleeing Investors: How Anti-DEI Lawsuits Take a Toll on Targets March 1, 2024 By Kelsey Butler Elizabeth Gore is fighting for survival. Just six months ago, the founder of financial technology startup Hello Alice was getting...
Drugmaker Endo Reaches $465M Bankruptcy Settlement With US March 1, 2024 By Dietrich Knauth Bankrupt drugmaker Endo International will pay up to $465 million to settle the federal government’s law enforcement, tax, and healthcare...