UBS Group AG settled a lawsuit brought by a former trainee in London who said she was raped by a senior employee, according to her attorney. The Swiss lender agreed to settle the claim after the trainee, who was identified …
Brit Global Specialty USA will transfer the renewal rights for its cargo business to Falvey Cargo Underwriting, effective July 2. As part of the deal, Will Frohne and Yasu Saegusa will move from Brit to Falvey Cargo as underwriters. Brit …
The Bank of England (BoE) has told banks and insurers to press ahead with analyzing the impact of climate change on their operations, saying that guidance published on Monday would be followed by targets next year. The guide drawn up …
A Dutch safety watchdog said Thursday [June 25] that it is “undesirable” for large container ships to use a shipping route through an environmentally sensitive, shallow sea off the coast of the Netherlands, Germany and Denmark in heavy northwesterly storms …
Data and analytics firm CoreLogic disclosed it has received an unsolicited acquisition bid from an investment firm and hedge fund. Cannae Holdings and Senator Investment Group offered to acquire all outstanding common shares of the company for $65 per share …
Liberty Mutual Re (LM Re), part of Liberty Mutual Insurance Group, has appointed Sara Steiner to the role of vice president and director of Assumed Reinsurance. Steiner is based in LM Re’s office in Stamford, Connecticut and reports to Thomas …
A Maryland man faces multiple arson-related charges after police say he confessed to setting fires at a church where investigators found a Molotov cocktail in a vestibule. David Francis Creager, 47, was detained Friday and admitted to setting fire to …
Maine Superintendent of Insurance Eric Cioppa has reminded business owners of the importance of complying with the terms of their insurance policies as they begin the reopening process. As businesses reopen, Cioppa said they should consider Governor Janet Mills’ COVID-19 …
RT Specialty LLC has promoted David M. Slaugenhoup to vice president within its Environmental and Construction Professional (RT ECP) practice. Since joining the team in 2013, Slaugenhoup has diligently worked with RT ECP customers nationwide to strategically manage the daily …
First Street Foundation, a nonprofit agency, is making accurate climate change-adjusted flood scores available for every property in the U.S. today. There are government-produced maps showing 8.7 million homes and properties at significant flood risk—and it turns out those may …
