Allianz has sponsored a new catastrophe bond which will provide the group with multi-year risk transfer capacity of €250 million to protect itself against European windstorms. Allianz entered into a three-year reinsurance agreement with Blue Sky Re DAC, a special …
A new AM Best segment report details asbestos and environmental (A&E) losses and reserve decline through the end of 2022. AM Best maintains its estimate for net asbestos losses at $100 billion and environmental losses at $46 billion as of …
Major automakers including General Motors, Toyota Motor and Volkswagen and two air bag makers said on Tuesday they oppose the U.S. auto safety regulator’s bid to require the recall of 52 million air bag inflators. Officials with the U.S. National …
WEST PARK, Fla. (AP) — Four people were injured in an explosion early Tuesday that severely damaged a Florida house, authorities said. Investigators were focused on gas as the possible cause. The Broward Sheriff`s Office said in an email the …
The UK and Switzerland will sign an agreement around financial services on Thursday, a post-Brexit accord to deepen ties between their respective financial centers. Chancellor of the Exchequer Jeremy Hunt will visit Bern to sign it, according to people familiar …
Hawaii Gov. Josh Green said he was requesting $425 million from lawmakers during the next fiscal year to help Maui recover from August’s wildfires, and millions more to reduce the risk of wildfires statewide. The proposed budget is Green`s first …
(Bloomberg) — Bird Global Inc., the company that put electric scooters onto the sidewalks of major cities, filed for bankruptcy with a plan to sell itself two years after raising $414 million from shareholders. The Miami-based company listed assets and …
Firefighters in the Denver metro area responded to the second large fire at an Aurora construction site in three days. Officials have not yet determined the cause for either fire and have not suggested that they were related, but both …
A judge has barred expert witnesses from testifying that Johnson & Johnson spin-off Kenvue’s painkiller Tylenol can cause autism if mothers take it during pregnancy, finding that they failed to support their conclusions with scientific evidence. The ruling on Monday …
This post is part of a series sponsored by AgentSync. Exploring the lack of progress surrounding the National Association of Registered Agents And Brokers Reform Act of 2015 On Jan. 12, 2015, the National Association of Registered Agents and Brokers …
