Three out of four Americans believe gun owners should be required to have firearm liability insurance, according to a recent survey. Those are the numbers out of a new ValuePenguin survey of 1,995 people ages 18 to 77 exploring attitudes …
This edition of International People Moves details appointments at BMS Re, Arch Insurance International, and SiriusPoint. A summary of these new hires follows here. Wheeler Promoted to President of BMS Re BMS Re, the specialty reinsurance arm of the global …
Global pilot organizations called on regulators to continue requiring multiple aviators on commercial flights, saying that efforts to shrink to one-person crews risks passenger safety. Leaders of groups including the European Cockpit Association and Air Line Pilots Association International on …
Britain’s markets watchdog is aiming to improve its procedures for finance workers who report on suspected wrongdoing after finding that some whistleblowers didn’t feel listened to enough and perceived the regulator as reluctant. The Financial Conduct Authority now seeks to …
An Exxon Mobil unit is in breach of insurance obligations for its first offshore oil project in Guyana in part due to errors by the environmental regulator, a Guyanese court ruled on Wednesday, a decision the government rejected. Exxon “engaged …
More than a third of workplace injuries occur during employees’ first year on the job, regardless of age or industry experience, according to a new report from Travelers. In fact, an employee’s time spent in a particular role is one …
Insurers are being forced to rethink their approach to climate change as they assess the risk of being sued for antitrust violations. Munich Re, the world’s biggest reinsurer, recently backed out of the Net Zero Insurance Alliance citing what it …
Pop star Ed Sheeran won a closely watched trial over allegations that his 2014 Grammy-winning song Thinking Out Loud copied key musical elements from Marvin Gaye’s classic 1973 soul groove Let’s Get It On. A federal jury in Manhattan rendered …
Maury, Donnelly & Parr, a Maryland-based broker and risk consultant that’s almost 150 years old, has acquired CANUSA Insurance Services in Sarasota, Florida. The merger marks a continued expansion by MDP, which acquired Connecticut-based Northeastern Underwriters in 2021. CANUSA is …
An elevator mechanic’s failure to execute basic safety procedures caused an elevator at a New York City building to plunge six stories and crush a co-worker to death, prosecutors said Tuesday. Mechanic Peter Milatz, 67, was charged with criminally negligent …
