News for June 2022
- PCF Acquires MGA United Underwriters in Utah
- Survey: Broad Support for Renewables, Gap in Climate Change Awareness
- Court Orders New Trial for Insurance Exec Convicted of Bribing NC Commissioner
- People Moves: AXA XL Promotes Dores for Int’l Financial Lines; BMS Builds Out Casualty With Hires From Tysers; WTW Taps RenRe’s Modhvadia for Structured Risk
- Gunmakers Face New Legal Threat From Families of Mass Shooting Victims
- More Insurers to Offer Better D&O Coverage to Businesses With Robust ESG Frameworks: Marsh
- People Moves: Sponic Succeeds Jacobsen at Donegal Personal Lines; Mullan Heads Human Resources for Risk Strategies; Edmonds Becomes Coaction’s Chief Actuary
- Over 20 New E&S Entrants Reshaping Marketplace: RPS
- Texas-Based Injury Insurance Startup Spot Raises $33 Million
- Report: California Workers’ Comp Insurer Losses Were up in 2021
- Hill Group Acquires Indiana’s Howe-LaGrange and Reick Agencies
- Getting the Measure of Inflation for the (Re)insurance Industry
- FBI Opens Widening Investigation of Clergy Sex Abuse in New Orleans
- Northern California Wildfire Threatens 500 Buildings
- Whole Foods Workers Lose Appeal Over ‘Black Lives Matter’ Masks
- Rochester Diocese, Insurers Plan for January Hearing on $147M Sexual Abuse Settlement
- Markets/Coverages: Aon Incorporates Climate Science Into European Flood Models
- China Digital Campaign Used Social Media to Target Mining Firms: Report
- ReSource Pro Acquires Commercial Lines Technology Platform towerIQ
- New York Moves to Bolster Concealed-Carry Gun Laws
- EU Antitrust Enforcers Accept Offer From Irish Insurers’ Association
- Turkish Insurers Seek Bond Issue to Protect Capital From Soaring Inflation
- Ariel Re Sponsors 6 Bermudian Students for Summer Internship Program
- EU Seeks Agreement on Ground-Breaking Regulations for Crypto Assets
- P/C Industry to Finish 2022 in the Red With Combined Ratio Over 100: S&P
- US Farmers Battle Floods, Heat in Bid to Replenish Food Supplies
- Hattersley Faults Patronis for Inaction on Florida Insurance Crisis
- South Carolina Makes $2.2 Million Available for 2022 Wind Mitigation Grants
- People: Risk Strategies Names Ellison Benefits Leader
- Washington Man Wanted for Auto Insurance Fraud
- Oklahoma Reaches Opioid Settlement With 3 Drug Makers
- New Mexico Superintendent of Insurance, Insurer Group Urge Passage of Hermit’s Peak Fire Assistance Act
- Upgrades Urged at Missouri Amtrak Crash Site, But No Action
- California Insurer’s Efforts to Keep Workers and Help During Pandemic Led to Viable New Business
- New York AG, City Sue ‘Ghost Gun’ Distributors for Allegedly Fueling Gun Violence
- Texas Attorney General Opens Investigation Into Walmart’s Opioid Sales
- S&P Puts SiriusPoint on CreditWatch Neg. After CEO, COO Exits; SiriusPoint Comments
- Massachusetts OSHA Plan for Public Sector Gets Initial Federal Nod
- Like Bonnaroo Fest in Tenn, Outdoor Venues Facing Challenges with Climate Change
- Mass Shooting Insurance Rates Jump as Incidents Rise
- ‘It’s Not Been Fun’: Cyber Insurance Brokers Seek Consistency as Hard Market Settles
- Georgia Doc Sentenced in Scheme That Implicated Former Insurance Commissioner
- Family Sues Bowling Green in Ohio in Hazing Death
- More Federal Wildfire Recovery Aid Available For New Mexico
- People Moves: BMS Promotes Gormley to UK CEO; Schepers Named Head of WTW Insurance Consulting and Technology as Underwood Retires
- U.S. Power Companies Face Supply-Chain Crisis This Summer
- Florida Driver Could Get $12M After Insurer Did Not Respond to Settlement Offer
- Cross Insurance Acquires Benefits Agency in Massachusetts
- FEMA to Send Connecticut $1.3M for May Storm Recovery
- Mosaic Expands Summer Intern Program for Students in Bermuda, New York, London
- Probe Into Australia’s Mining Sector Uncovers ‘Horrific’ Sexual Abuses
- Carlyle Unit Assumes Full Risks of Operating Gas Field as Insurers Shun Black Sea
- Don’t Count Out Insurtech Disrupters, Carrier CEOs Say
- U.S. Vehicle Quality Hits 36-Year Low as Supply, Labor Woes Continue: J.D. Power
- How Addressing Socioeconomic Inequality Is Key to Building Flood Resilience
- Starting July 1, Sea-Level Rise Studies Required for Florida Gov’t Coastal Structures
- Court Ruling Provides Ammo for Insurers in Florida AOB Cases
- Minnesota Officials Report State’s First Case of Monkeypox
- Texans ‘Turned A Blind Eye’ to QB Watson’s Actions, Lawsuit Alleges
- Some Western U.S. Cities Nixing July 4 Fireworks over Fire Dangers, Shortages
- SURE Launches First Commercial Product for Texas Business Owners
- At Least 20 Injured When Commuter Bus Overturns in California
- People: Alliant, Seibels Name New VPs
- Today Is National Insurance Awareness Day
- AM Best Downgrades Members of NLC Insurance Companies Pool
- People Moves: WTW’s Hires EY’s Mayers for Commercial Lines Pricing, Underwriting; Hiscox Names Flaquet to Newly Created Role of Group COO
- Marsh Launches Cyber Incident Management Service to Support UK, European Clients
- Juul and Its Courtroom Foes Stare Down FDA Ban as Youth Marketing Trial Nears
- Arthur J. Gallagher & Co. Acquires UK Broker Erimus Group Ltd.
- Insurer Asserts No Duty to Defend Security Firm in Rhode Island Club Shooting
- Three Iowa Women Charged with Insurance Fraud
- Homeowners of America Launches Insurance Services in Oklahoma
- Cyber Pirates Prowling Ship Controls Threaten Another Big Shock
- Second Amtrak Crash in Two Days Kills Three in Missouri
- Travelers Championship Raised $2.5 Million for Charities
- Is Hyperbaric Therapy a Fire Risk? North Carolina Authorities Say It Is
- Names Released in WV Crash That Killed Six on Helicopter’s Last Flight
- China Launches Disaster Insurance Trials in 6 Cities Affected by Floods in 2021
- Seven Taiwanese Insurers Have Not Received Russian Eurobond Payments: Regulator
- UK Home Insurer Policy Expert Considers £1 Billion Sale
- Judge Orders New Trial in Tesla Worker’s Race Bias Lawsuit
- DeSantis Appoints 3 Insurance Defense Attorneys as Workers’ Comp Judges
- NTSB Investigating Central Texas Plane Crash That Killed 2
- Maine AG Says Religious Schools May Face Obstacles Despite Supreme Court Ruling
- Iowa City Settles Fatal Police Shooting Suit for $5M
- Alera Group Acquires Compensation Works in Washington
- California Department of Insurance Alleges Mishandled Claims by App-Based Auto Insurance Seller and Topa
- U.S. Supreme Court Sides With Doctors Challenging Opioid Convictions
- 3 Killed as Train Hits Car in Northern California
- California Assembly Endorses Plan to Allow Citizens to Sue Those Who Provide Dangerous Firearms
- Hertz Makes Settlement Offers to End False Arrest Lawsuits
- People Moves: CoreLogic Names Dodd CEO; CAC Specialty Adds 4 to Senior Living Team; McCann Joins Lockton Re; Canopius Appoints Lee General Counsel
- Supreme Court Backs Football Coach Fired After Praying on the Field
- Medical Society Accuses Insurers of Using ‘Junk Science’ to Deny Covid Business Claims
- Business Moves: Sandbox Invests in Florida Insurance Data Firm Confianza
- U.S. Supreme Court Again Nixes Bayer Challenge to Weedkiller Suits
- Louisiana Launches $463M Project to Elevate Hurricane Evacuation Route
- Lawsuit Filed Over Fatal Shooting of Arkansas Teen
- North Dakota Governor Wants Federal Aid to Deal with Spring Storm Damage
- Florida OIR Trims Citizens’ HO Rate Increase to 6.4%
- $5M in Grants Earmarked for Flood-Impacted Montana Businesses
- California’s Sweeping Climate Plan Pleases Few
- Jury Awards $21M to Family of Pregnant Teen Shot by Police in California
- NYC, Miami, Tampa, New Orleans Tops Among Storm-Surge Exposed Cities
- SMBs Are Struggling to Get Cyber Insurance: Here’s How to Stay Protected
- Rise of Women to Top UK Financial Services Roles ‘Stagnating’
- Gallagher Re Launches Climate Risk Resilience Practice, Led by World Bank’s Bavandi
- People Moves: Miller Expands Into Media & Entertainment; Aon Re Names Carpenter’s Toffanello Head of Italy; SiriusPoint’s Sawyer Rejoins AXA XL for U.S. Casualty Re
- Europe Asset Managers Eye Halting Non-ESG Products to Meet Net-Zero Goals: Survey
- Generali Investor Del Vecchio Dies at 87
- G-7 Eyes Cap on Price of Russian Oil via Insurance, Shipping Restrictions
- Wall Street Banks Quietly Test Cyber Defenses at Treasury’s Direction
- Legal Clashes Await U.S. Companies Covering Workers’ Abortion Costs
- Russia Defaults on Foreign-Currency Debt for 1st Time in More Than a Century
- After Halting New Business in Florida, Bankers Faults Reinsurers’ Excessive Price Hikes
- Court Says Woman Can Sue Harvard for Distress Over Enslaved Ancestors’ Photos
- US Supreme Court Declines to Review Minnesota Ruling on Marijuana Use in Workers’ Comp
- People Moves: Woodruff Sawyer Names Topp Chief Growth Officer; Dohrmann in California Promotes Jensen
- People Moves: Alera Group in Illinois Names Kreuger Senior Vice President, Carrier Partnerships
- Parents Sue Boston Hospital Over Loss of Baby’s Body
- Settlement Made in Louisiana Workers’ Crawfish Processing Suit
- Maine Agency Faces Backlash, Loses 3 Carriers After Juneteenth Posting
- Cyber Insurtechs and Insurers ‘In This Together,’ Not in Competition
- People Moves: McGriff Names Curtis VP for Captives, Alternative Risks
- Acrisure Acquires Ohio’s QuickInsured Agency
- Walgreens Reaches $105 Million Settlement With Shareholders
- Marijuana Banking Overhaul Removed from China Competition Bill
- Carnival Cruise Pays $5M, Gives Up Insurance Licenses in New York Over Data Breach
- Florida’s Citizens Insurance Could Spend $100M on Defense Legal Fees This Year
- Flood Alert in China’s Manufacturing Hub at Highest Level
- Emerging Risks: Quantum Computing, Lower Construction Quality, Legal Tech etc.
- Florida HO Premiums Highest in Nation at $4,200 Average, Triple I Report Shows
- Crews Find Body of Worker Under Collapsed Iowa Grain Silo
- Nursing Home Owner Whose Residents Suffered in Ida in Trouble
- Jury Awards $595K in Washington Salmon Pen Collapse
- Parliament Cautions Regulators: UK Finance, Insurance Yet to Feel Full Brexit Impact
- ‘Weston’s Law’ Elevator Upgrade to NC Cottages Close to Approval
- Insurers Among Investors as Canada’s Brookfield Raises $15B for Climate Fund
- Gallagher Acquires Ireland’s INNOVU Group
- People Moves: MMC Names Jones, Hageman to Senior Posts; Lockton Welcomes Marsh’s Millett for Innovation; Applied Financial Builds Cyber Risk Team
- Hackers Steal $100 Million by Exploiting Crypto’s Weak Link
- Argo Group Names Bradley CEO as Rehnberg Departs
- Ukraine Crop-Handling Port Damaged in Russian Attacks, Adding to Farm Sector Losses
- How to Lower Home Insurance Premiums and Wildfire Risks
- How a Bankruptcy ‘Innovation’ Halted Thousands of Lawsuits from Sick Plaintiffs
- Colorado Lawsuit: Hero Who Stopped Gunman Shot Without Warning
- Dredging Company Paying $1M for Restoration in Louisiana Oil Spill
- Noguchi & Associates, ori-gen to Establish Hawaii Division
- Volunteer Firefighter Dies from Injuries Suffered in Kansas Fire
- TWIA Shares Timeline For Annual Rate Filing Consideration
- Michigan Fire Damaged Hotel, Other Buildings
- Jury Finds Firm Retaliated Against Injured Immigrant Worker, Awards $650K
- Yellowstone Reopens After Changes Wrought by Flood
- Supreme Court Voids New York Gun Permit Law, Establishes Right to Carry Outside Home
- People Moves: Ed Broking’s Baird Takes Leadership Role at Aventum; Chubb Appoints AGCS’ Nicklin as Global Client Executive for UK, Ireland
- ‘Well-to-Do’ Investment Firm Head Charged in $300,000 South Florida Insurance Fraud
- Financial Conduct Authority Fines JLT Specialty £7.8 million
- Markets/Coverages: Skyward, InShare Offer Gig Accident Cover; London Underwriters Adds Slice; Hippo Grows Mortgage Channel
- Markets/Coverages: Nexus Creates Financial Unit; PERILS Expands Its Japan Data; Amber Secures Digital Wallet Cover
- New Research Reveals U.S. Gas Pipeline Leaks Have Not Improved
- Alacrity Solutions Acquires Property Damage Appraisers In Texas
- People Moves: Safety National Shuffles Management, Names Hercules New CEO
- No Injuries Reported From New Jersey Forest Fire Now Largely Contained
- Rhode Island Gov. McKee Signs 3 Gun Safety Bills Into Law
- Russian Oil Tankers Get Their Safety Certification From India via Dubai Company
- Russian Commodities Traders Relocate to Dubai as Switzerland Tightens Sanctions
- UK Should Avoid Hasty Financial Services Reforms Following Brexit: Lawmakers
- Former Florida Mayor Who Almost Defeated DeSantis in 2018 Indicted on Federal Charges
- People Moves: Zurich Names Chiddick Midwest Regional Manager; Omaha National Appoints Connolly as COO
- What Factors Could Drive Northern Hemisphere Tropical Cyclone Risk This Season?
- Russian Hackers Also Focused on US and NATO Since Invasion
- Tesla Worker Rejects $15M Payout in Race Bias Lawsuit
- Alabama Counties’ Insurance Fund Not Liable for its Own Actions in Deadly Dock Fire
- Oregon Business Groups Sue Over Heat and Smoke Worker Protections
- World Insurance Buys Commercial Insurance Agency of Massachusetts
- Michigan Resident Sentenced in Insurance Fraud Prosecution
- Kardashian, Chyna Settle Before California Trial’s Sequel
- Deshaun Watson Settles 20 of 24 Civil Suits from Time with Texans
- Idaho Gearing up for Wildfire Season with Bolstered Crews
- Texas Top Cop Says Uvalde Police Could’ve Ended Rampage Early on
- Massive New Mexico Wildfire Blamed on Miscalculations, Errors
- Ohio School Reaches Settlement in Principal’s Discrimination Case
- Juul Soon to Be Ordered Off the Market by FDA, WSJ Reports
- Staffing Company Faces National Origin Discrimination in Oklahoma
- Connecticut Gov. Lamont Signs Consumer Data Privacy Law
- NFL Says Black Coaches’ Discrimination Case Should Be Resolved in Arbitration
- 2 Charged With Murder After Missouri Home Explosion Kills 4
- Louisiana Lawmakers Seek More Time to Use Katrina Aid
- California Railroad Testing Use of Quake Alerts to Halt Trains
- Meteorologists Warn Thunderstorms Could Spark California Wildfires
- Insurance Technology: BirdsEyeView Wins Funds for Parametric Cover; Audatex Adds Live Car Valuation Data
- Tesla Worker in California Rejects $15M Payout in Race Bias Lawsuit
- Corporate America Looks for Leeway on U.S. Climate Disclosures
- Markets/Coverages: Hippo Enters Home Insurance Market in Massachusetts
- Another Emergency Declared after Flooding in West Virginia
- A Year Later: Tennessee Flood that Killed 20 Challenges Community
- Fire at North Dakota Historic Church Deemed Suspicious
- 3 Dead After Boat Overturns in Storm on Texas Lake
- Maryland Apple Store Workers Vote to Unionize. Now What?
- Hey Siri, What’s Next for AI and Robotics in Insurance?
- Digital Insurer Startup Wefox Seeks Funding at Over $5 Billion Value
- Acrisure Acquires UK Independent Brokerage Russell Scanlan
- U.S. Solar Developers to Spend $6 Billion to Boost Domestic Supply Chain
- Agent-Focused Home Insurer Openly Closes $75 Million Funding Round
- Buffett’s Dairy Queen Loses Lawsuit Over ‘Blizzard’ Name
- Florida CFO Steps in, Urges Court to Uphold PTSD Benefits for Firefighter
- EU Balks at U.S. Plan to Use Insurance to Cap Russian Oil Prices
- Turkish Insurers Facing Severe Strain, Fitch Ratings Warns
- Renault and Nissan Face Legal Action in France Over Engine Problem
- Yellowstone Park Aiming for Quick Reopening After Floods
- Louisiana Extends Policy Cancellation Date for Lighthouse Excalibur
- New Layer of Federal Oversight for Climate Disclosures Not Needed: Triple-I
- Texas Division of Workers’ Comp Sets Discount Interest Rate
- Missouri Fire Chief: Fireworks Components Might Have Caused Deadly Blast
- Challenge to SEC ‘Gag’ Rule Turned Away by Supreme Court
- Captives, MGAs, MGUs Contribute to Growing Cyber Insurance Market
- Parents of New Mexico Kids Injured in Crash Sue Car Driver, Insurance
- California Bill Would Require Gunowners to Buy Liability Insurance
- Colorado Ski Resort Settles Suit Involving Fatal Lift Accident
- Downtown Las Vegas Fire Burned 10 Buildings
- Bayer Rejected by US Supreme Court in Bid to End Roundup Suits
- Alabama Retirement Fund Shows Challenges of Investing in Current Market
- 2022 Travelers Golf Championship to Get Underway in Connecticut for Charities
- NC High Court Restores Verdict Against Health Care Co. in Home Invasion
- Broker Miller Announces Hands Will Succeed Collins as CEO; Chair Clarke to Retire
- People Moves: Arch Insurance Int’l Names AXA XL’s Longley as Head of Professional Indemnity; WTW Direct & Facultative Taps AGCS’ De Jager for European Property
- MGA Rokstone Launches Parametric Insurance Product for Caribbean
- Flooding Inundates More of Bangladesh and India, Stranding Nearly 10M People
- 2 Minnesota Construction Workers Die After Trench Collapses on Them
- Missouri Boarding School Accused of Abuse
- Tesla Sued by Former Employees Over ‘Mass Layoff’
- Miss. Supreme Court Counts Unproven Comp Benefits in Legal Malpractice Claim
- ‘Stay Tuned’ for Word on Russian Oil Price-Cap Plan, Says Yellen
- Markets/Coverages: NJM Expands ProPack Into 3 States; Frederick Mutual Enhances Cyber Policy for Home, Business
- Top EU Court Says Insurer Must Pay Spanish Claim in Galicia Oil Spill
- Critics of Massachusetts Immigrant Driver’s License Law Seek Repeal
- New Jersey Sues Ford for Damages Over Mining That Contaminated Tribal Land
- Preparing for InsurTech’s Second Act: Embedded Insurance
- Texas Dock Company to Pay $1 Million Over Clean Water Act Violation
- Oklahoma Attorneys Charged in Medical Marijuana Scheme
- Miles Davis Photographer’s Suit Against Tattoo Artist Von D to Test Copyright ‘Fair Use’
- Insurance Technology: eDriving Adds Safety App Without Telematics; Notion Offers Sensor Upgrade; HUB Debuts Personal Lines Platform VIU
- Lyft Reaches $25 Million Settlement of Claims it Hid Safety Problems Before IPO
- After Federal Court Bans Brazilian Plywood Certifier, Another Appears
- ‘Forever Chemicals’ Pose Risk Even at Very Low Levels: EPA
- JAB to Acquire Fairfax’s Pet Insurance Stake in Crum & Forster, PetHealth
- Maine Catholic Diocese Sued Under Abuse Law Change It Opposed
- Missouri Report: Black Drivers More Likely to be Pulled Over
- Iowa Court: Carrier Ineligible For Retroactive Reimbursement on Mistaken Workers’ Comp Claim
- Yellowstone Flooding Recovery Could Take Years, Cost $1 Billion
- Floods in India, Bangladesh Leave Millions Homeless
- Canadian Oil Brokerage Denies ‘Toxic’ Workplace Claim, Files Countersuit
- EPA Ordered to Reassess Glyphosate’s Impact on Health, Environment
- Japan’s Government Not Liable for Damages From Fukushima Nuclear Disaster: Court
- VW Faces Scrutiny Over China Human Rights Violations With Insurance Implications
- Musk Appeals Ruling That Upheld Securities Fraud Settlement
- Credit Suisse Rejects $515 Million Claim by Russian Businessman
- Sovcomflot’s Cargo Ships Fully Covered by Russian Insurers: CEO
- Cast Iron Drainpipes Latest Target in Florida Claims. But They Can Be Defended.
- Washington Governor Joins Calls for Insurance Commissioner Kreidler to Resign
- Former Virginia Police Chief Files Lawsuit Against Charlottesville
- People Moves: IMA Names Karagozian Colorado Market President; IIABCal Names Epstein CEO
- Takeaways from Our Conversation About Next Steps for Insuring Cannabis
- New Jersey No-Fault Law Does Not Bar Suit Over Insurer Delay in Approving Treatment
- People: FAIA Names Six to Board of Directors
- People Moves: Glass to Succeed Retiring Brashears as CEO at Brethren Mutual; MAPFRE’s Whitely to Lead Business Development
- NFL QB Deshaun Watson Denies Texas Sexual Misconduct Claims
- U.S., Partners Dismantle Russian Hacking ‘Botnet,’ Justice Dept Says
- Acrisure Acquires Ohio’s QuickInsured
- Intact Acquires Illinois-Based Tokio Marine Highlands US Construction Division
- People Moves: Amica Names Shallcross as CEO to Succeed DiMuccio
- Louisiana’s Native Americans Still Recovering From Hurricane Ida
- Wisconsin Storms, Tornadoes Cause Property Damage
- California Court: Amazon Customers Can Sue Over Lack of Toxic Warnings
- Breach Exclusions in E&O Policy Upheld in $1.3M Money Transfer Claim
- Alabama Insurance Commissioner Ridling to Retire; Fowler To Take Over
- Porsche to Pay $80 Million to Resolve Fuel Economy Claims on U.S. Vehicles
- Bus Driver Who Blacked Out Says He Didn’t Know Gummy Candies Included THC
- FTC Fires Warning Shot at Drug Middlemen Over Rebates, Fees
- Domestic Violence Charge Against New Hampshire Insurance Official Dropped
- North Carolina Governor Signs Law Waiving Premium Taxes for Relocating Captives
- People Moves: Postlewhite Departs QBE Re; Lloyd’s Reappoints Chairman Carnegie-Brown; Liberty Specialty Appoints Pavie in France
- China Signals Ant’s Reemergence in Accepting Financial Holding Company Plan: Reuters
- Appeals Court First to Rule in Favor of Coverage for COVID Shutdown
- Efma Rebranded as ‘Qorus’
- Winners of Innovation in Insurance Awards Excel in Customer Focus, AI, Sustainability
- Nasdaq Urges SEC Not to Move Ahead with Climate Disclosure Plan
- Ukraine Grain Shippers Carve Out Alternative Export Routes via Baltic Sea
- Elon Musk Sued for $258 Billion Over Alleged Dogecoin Pyramid Scheme
- Investigation Set After Six Hurt in Hawaii Helicopter Crash
- People Moves: Liberty Company in California Names Honaker Senior Vice President; Fraser Made Vice President
- Rehab Plan Didn’t Suffice. Southern Fidelity Sinks into Insolvency
- Texas Power Use to Break More Records; ERCOT Under Pressure
- People Moves: Liberty Mutual Promotes Foley, Ughetta; Ex-Regulator Joins Lemonade
- Louisiana Woman Latest to be Sentenced in Staged Auto Accident
- Texas’ Skyward Specialty Adds Employed Lawyer Coverage
- South Dakota Health Care System Says Data Breach Affected 700
- 3 Swept Away in Wisconsin Drainage Ditch After Severe Storms
- Judge Removes Barrier for Nebraska Medical Marijuana Campaign
- CCIG Opens Office in Austin, Texas
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