Florida Litigation Funding Bill Founders; Plan to Bar Policy Cancellations Gets Changes February 23, 2024 Florida bills that target litigation financing, which seemed to be on their way to quick approval a week ago, have...
Aeronautical Manufacturer Fined $284K for Safety Violations at Oklahoma Plant February 23, 2024 The U.S. Department of Labor’s Occupational Safety and Health Administration has cited an aeronautical parts manufacturer for exposing workers to...
Fidelis Insurance Holdings Sponsors New ‘Herbie Re’ Catastrophe Bond February 23, 2024 Fidelis Insurance Holdings Ltd., the Bermuda insurance holding company, announced it has closed a new catastrophe bond via its “Herbie...
AM Best Upgrades Credit Ratings of United Frontier Mutual, New Member of Allegany February 23, 2024 AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating...
Arbella Insurance Teams Up With Soccer’s New England Revolution February 23, 2024 New England insurer Arbella Insurance Group has signed a partnership agreement with the New England Revolution soccer team for the...
People Moves: Everest Promotes 2 Senior Leaders in Reinsurance Division; CFC Hires 2 for New Specialist Team Focused on M&A Tax Risks February 23, 2024 This edition of International People Moves details appointments at re/insurer Everest Group and the managing general agent CFC. A summary...
UnitedHealth Blamed ‘Nation-State’ Threat in Hack That Disrupted Pharmacy Orders February 23, 2024 By Jordan Robertson, John Tozzi and Sana Pashankar A cyberattack against a division of UnitedHealth Group Inc. has caused a nationwide outage of a computer network that’s used...
Specialist Fire Research Consultancy Halliwell Launches London Office February 23, 2024 Halliwell Fire Research, the Auckland, New Zealand-based applied fire research consultancy, has expanded its international presence with the launch of...
SEC Drops Some Emissions Disclosure Requirements From Draft Climate Rules February 23, 2024 By Chris Prentice, Isla Binnie, Jarrett Renshaw and Douglas Gillison The U.S. Securities and Exchange Commission (SEC) has removed some of its most ambitious greenhouse gas emission disclosure requirements from...
Fitch: Homeowners Insurers’ Results to Improve In 2024 February 23, 2024 U.S. homeowners’ insurance is in position to improve in 2024, according Fitch Ratings. The rating agency said premium revenue growth,...