September 22, 2021
UNITED NATIONS — Chinese leader Xi Jinping said on Tuesday that China would not build new coal-fired power projects abroad, using his address at the United Nations General Assembly to add to pledges to deal with climate change. Xi provided …
September 22, 2021
WELLINGTON – New Zealand on Friday [Sept. 17] announced higher fines of up to NZ$12,000 ($8,400) for individuals breaching coronavirus restrictions amid concerns that the current outbreak may spread beyond Auckland to other regions due to people breaking rules. “Our …
September 22, 2021
Karen Clark & Co. (KCC), the Boston-based catastrophe modeling company, announced it has released Version 1.0 of its high-resolution U.S. Wildfire Model. This advanced and fully probabilistic model provides exceedance probability (EP) curves, probable maximum losses (PMLs), and average annual …
September 22, 2021
The Biden administration plans a fresh campaign against ransomware attacks through sanctions to cut off criminals’ cryptocurrency pipelines, and it urged companies to report extortion attempts and better protect themselves from them. Deputy Treasury Secretary Wally Adeyemo told reporters that …
September 22, 2021
Why are U.S. auto safety regulators opening a new investigation into Takata air bag inflators installed in millions of vehicles built over the past 20 years? Some of those vehicles have the original inflators that were installed when they were …
September 22, 2021
Officials with a North Carolina agency have accused a mother and son of falsely telling an insurance company that her car and truck had been struck multiple times by deer and other animals. A news release from state Insurance Commissioner …
September 22, 2021
Apollo to strengthen exposure management practices and respond quicker to underwriter requests RMS exposure management cloud application ExposureIQ makes business-wide exposure management faster and more accurate for informed decision-making LONDON, U.K. – September 22, 2021 – Apollo Partners LLP (Apollo), …
September 21, 2021
The Washington Department of Labor & Industries is proposing an increase in the average price employers and workers pay for workers’ compensation insurance next year. If the proposal is adopted, it would be the first time in five years that …
September 21, 2021
New CEO, COO at Michigan’s Frankenmuth Insurance Frankenmuth Insurance in Frankenmuth, Michigan, named Fred Edmond president and chief executive officer. Edmond formerly served as the company’s president and chief operating officer, Succeeding Edmond as chief operating officer is Andy Knudsen. …
September 21, 2021
Arthur J. Gallagher & Co. acquired Bastrop, La.-based Files Agribusiness LLC, retail insurance agency specializing in federal crop insurance, agribusiness property/casualty and agricultural aviation coverages. Terms of the transaction were not disclosed. Founded in 2010, Files Agribusiness provides insurance coverages …