China Bans ‘Smart’ and ‘Autonomous’ Driving Terms From Vehicle Ads April 17, 2025 China is banning automakers from using the terms “smart driving” and “autonomous driving” when they advertise driving assistance features, and...
Lloyd’s Broker Charged Over Alleged Ecuador Bribes April 17, 2025 By Lucca de Paoli UK fraud cops have charged an insurance broker with bribery, after a four-year probe into alleged corruption involving state-run insurance...
US Excess & Surplus Lines Boost London Market Re/Insurers’ Topline Growth April 16, 2025 By L.S. Howard The U.S. excess and surplus (E&S) lines market continues to offer profitable growth opportunities for insurers and reinsurers in the...
China to Tighten EV Battery Rules to Reduce Fire and Explosion Risks April 16, 2025 China is tightening regulations on battery-powered vehicles and will require its automakers to comply with higher battery safety standards, aiming...
Sweden Probe Finds No Conclusive Evidence of Deliberate Damage to Subsea Cables April 16, 2025 A Swedish probe found no conclusive evidence to suggest that a Chinese ship had deliberately dragged its anchor to damage...
Google Faces £5 Billion Lawsuit in UK for Abusing Dominance in Online Search April 16, 2025 By Paul Sandle Alphabet’s Google is being sued in Britain for potential damages of up to 5 billion pounds ($6.6 billion) in a...
Markel to Acquire UK Specialist Marine MGA, The MECO Group Ltd. April 16, 2025 Markel, the insurance operations within Markel Group Inc., announced it has agreed to purchase The MECO Group Ltd. (MECO), subject...
United Risk Launches Multi-Line Reinsurance MGA, Names Cahill as CEO April 15, 2025 United Risk, a subsidiary of Applied Underwriters, announced it has formed a multi-line reinsurance managing general agent. Jay Cahill, previously...
Central European Foot-and-Mouth Disease Leads to Animal Culls and Border Closures April 15, 2025 By Justin Spike Authorities in several countries in Central Europe are working to contain an outbreak of foot-and-mouth disease among cattle populations that...
Europe’s Hottest Year Turbocharged Extreme Weather Across Region April 15, 2025 By Joe Wertz Europe experienced the hottest year on record in 2024, as climate change combined with a strong El Niño to generate...