Swiss Re announced changes in the leadership of its Reinsurance Business Unit. Effective Jan. 1, 2022, Jason Richards will become country president and CEO UK & Ireland. He will be succeeded by Julie Stephenson as global head of Casualty. Richards, …
Neighborhood Restaurant Partners Florida, LLC, doing business as Applebee’s, violated federal law by subjecting an employee to race and sexual orientation discrimination, the U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit filed Aug. 12. The EEOC charges that …
The number of credit rating upgrades and downgrades in the U.S. property/casualty (P/C) insurance industry increased in the first half of 2021 moderately over the same prior-year period, according to an AM Best special report. Rating actions for P/C carriers …
Catastrophe bonds broke a record during the first half of the year with about $8.5 billion of new securities issued, according to a report from Swiss Re AG. The insurance-linked securities market could end up with more than $10 billion …
A federal judge says a discrimination lawsuit filed against the University of Idaho by a UI College of Law professor can move forward. U.S. District Judge B. Lynn Winmill rejected a request from the University of Idaho to throw out …
A federal judge has thrown out an $87 million lawsuit that a San Francisco school board member filed against the district and her colleagues after they voted to strip her of senior board positions because of tweets that were widely …
Northern California wildfires that incinerated two mountain communities continued marching through the Sierra Nevada while a utility purposely blacked out as many as 51,000 customers to prevent new blazes. Two weeks after the Dixie Fire destroyed most of the Gold …
The J. Morey Company Inc. Insurance Agents & Brokers acquired Aihara & Associates Insurance Services Inc. in Los Angeles, Calif. Terms of the deal, which is effective April 1, were not disclosed. Aihara & Associates offers personal, commercial and life …
The U.S. Centers for Disease Control and Prevention said on Wednesday it is creating a new disease forecasting center to improve the ability to use data to predict and gauge emerging health threats. The Center for Forecasting and Outbreak Analytics …
Connecticut is continuing to engage with the insurance industry on climate change and its implications with its latest release of a national survey on climate risk in the insurance industry. Previously one of six states nationally conducting the National Association …
