May 15, 2023
This edition of International People Moves details appointments at Gallagher Re and Swiss Re Corporate Solutions. A summary of these two promotions follows here. Gallagher Re announced the appointment of Ian Kerton to the role of CEO of the reinsurance …
May 15, 2023
The U.S. Supreme Court on Monday declined to hear a dispute involving a lawsuit against Bayer AG’s Monsanto Co that could rein in a common form of settlement in class action cases under which money is awarded to charities and …
May 15, 2023
For the fifth straight quarter, pricing increases for cyber insurance continued to fall at the start of 2023. According to a new U.S. Cyber Purchasing Trends report from broker Marsh, prices were up 11% in first quarter 2023 compared to …
May 15, 2023
The state panel that will decide how Ohio distributes more than half of the money it will receive from a nationwide settlement regarding the opioid addiction crisis must make its records publicly available, the state Supreme Court ruled. In their …
May 15, 2023
One person was killed and a curfew was imposed after a powerful tornado tore through a community near the southern tip of Texas before dawn Saturday, damaging dozens of residences and knocking down power lines, authorities said. At least 10 …
May 15, 2023
A Montana judge said a climate change lawsuit from young people challenging the state’s pro-fossil fuel policies will proceed to trial despite efforts by the state to derail the case. The upcoming trial in Helena would be the first of …
May 15, 2023
Earthquakes have rattled a large area of Northern California this week, but only minor damage was immediately reported. A magnitude 5.5 quake centered in the Sierra Nevada’s Lake Almanor resort region struck at 4:19 p.m. Thursday and a magnitude 5.2 …
May 15, 2023
U.S. lawmakers are grappling with what guardrails to put around burgeoning artificial intelligence, but months after ChatGPT got Washington’s attention, consensus is far from certain. Interviews with a U.S. senator, congressional staffers, AI companies and interest groups show there are …
May 15, 2023
AXA, Europe’s second-biggest insurance company, posted a better-than-expected key capital buffer measure in the first quarter, reassuring investors on its capacity to generate cash as it navigates a higher interest rate environment. The group’s solvency II ratio – a measure …
May 15, 2023
Alliant Insurance Services, one of the largest U.S. insurance brokerages, has named Gerry Armbruster vice president of its employee benefits group. Armbruster, based in Nashville, was previously an assistant vice president at a health care organization, Alliant said in a …