Tropical Storm Zeta is spinning across the U.S. South after walloping New Orleans, blacking out 1.9 million homes and businesses and leaving a trail of wreckage from Louisiana to North Carolina. Zeta made landfall near Cocodrie, Louisiana, with winds of …
Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has appointed Sara Gundersen as executive vice president and Asian Risk Solutions segment leader within its Sompo Global Risk Solutions (GRS) business unit. She will …
The Philippines is bracing for a new storm that will hit the Southeast Asian nation this weekend, days after Typhoon Molave left at least 16 people dead and thousands in evacuation sites. Goni, which developed into a severe tropical storm, …
Typhoon Molave hit Vietnam’s central coastline and northern Central Highlands with winds of up to 133 kilometers per hour on Wednesday, triggering landslides in Quang Nam province, VnExpress news website reported, citing local authorities. Authorities reported 16 deaths, 12 injured …
James River Group Holdings Ltd. announced that Frank D’Orazio has been named chief executive officer of the company, effective Nov. 2, 2020. J. Adam Abram, the company’s founder and current CEO will retire on Nov. 1, 2020. Abram will remain …
Facebook Inc. risks being dragged into a UK legal dispute involving almost 1 million British users affected by the Cambridge Analytica scandal, two years after revelations about the misuse of private data caused a global backlash. A group — Facebook …
Too few companies specify their prospective financial hit from climate change under a voluntary global disclosure code that needs wider backing from asset managers and others to be fully effective, a global regulatory body said on Thursday. Climate change can …
Specialty insurer AXIS Insurance and Kennedys Law have collaborated on services for AXIS’ new marine cyber insurance product. This product offers coverage for the marine shipping market to protect against cyber exposures on board vessels and onshore in shipping company …
Mining applicants would have to pay more for permits and licenses, supply more detailed plans to state regulators, and work around a new list of areas deemed off-limits under regulations the Wisconsin Department of Natural Resources is developing. The DNR …
QBE North America has hired Bobby Steinsdoerfer as senior vice president, regional underwriting leader – central region. Steinsdoerfer joins QBE from AIG’s Blackboard Insurance Co., bringing 12 years of underwriting and strategic leadership experience in commercial and specialty insurance. Prior …
