Munich Re said it faces claims of at least 100 million euros ($118 million) stemming from the deadly explosion that ravaged much of downtown Beirut last month. The German reinsurer said losses in the “low three-digit-million euro range” are expected, …
Japan has told Mauritius it would offer support on an “unprecedented scale,” Foreign Minister Toshimitsu Motegi said on Monday, after a Japanese-owned ship struck a coral reef off the country’s southeast coast in late July and spilled oil. Motegi was …
The U.S. Federal Aviation Administration said Sunday it is investigating manufacturing flaws involving some Boeing 787 Dreamliners but said it was too early to say if it will require new inspections. Boeing said in August airlines operating its 787 Dreamliners …
Abu Dhabi’s Etihad Airways on Monday said it would cover medical and quarantine costs for passengers if they contract the new coronavirus after traveling on one of its flights. Airlines around the world are trying to find ways to stimulate …
An 18-year-old can’t buy a beer in most U.S. states, but pretty soon he or she may be able to drive a commercial truck across state lines — and that has safety advocates alarmed. The Federal Motor Carrier Safety Administration …
British theaters and live music venues say the show will only go on if the government provides a financial backstop, as the COVID-19 pandemic means they can no longer get commercial insurance. While venues for indoor live performances are not …
Insurance Office of America has added Jeremy Moreno as a commercial property/casualty and employee benefits risk advisor. Moreno specializes in agriculture, construction, and employee benefits. He was previously a vice president and risk advisor with Tolman & Wiker Insurance Services. …
London Underwriters has released a beta version of its new online platform, Bunch, in the state of Texas. London Underwriters, which has administrated its own proprietary Lloyd’s of London commercial property program for 10 years and launched several platforms for …
Elephant Insurance is now offering discounted car insurance rates to customers working from home. Policyholders and spouses working from home and driving less are eligible to receive the new discount, depending on the number of days driven to work and …
The global agriculture platform of Sompo International Holdings, AgriSompo, has entered into a strategic broking relationship with InVivo Group, a national union of 201 member cooperatives representing more than half of all farmers in France. Working through the Group’s Bioline …
