Russia’s Largest Cargo Airline Ordered to Pay Aircraft Lessor BOC Aviation $406.2M April 12, 2023 By Jonathan Stempel /A U.S. judge on Tuesday ordered Russia’s largest cargo airline to pay aircraft lessor BOC Aviation Ltd. $406.2 million after...
French Building Collapse Kills at Least 6; Gas Explosion Suspected April 12, 2023 French investigators are treating the deaths of at least six people who were killed when a building collapsed in the...
NFP Acquires UK Broker Gravity Risk Services April 12, 2023 NFP, a New York City-based property/casualty broker, announced it has acquired Gravity Risk Services Ltd., an insurance broker based in...
German Superyacht Maker Lürssen Hit by Ransomware Cyber Attack April 12, 2023 By Stefan Nicola German shipbuilder Lürssen, which makes military vessels as well as luxury yachts, has become the target of a ransomware cyberattack....
People Moves: Strong Named N2G CEO; Butera to Head Swiss Re FinPro Lines, Casualty North America; Ascot Hires Totolos as Captive Solutions Leader April 12, 2023 By Jahna Jacobson Strong Named New N2G CEO N2G Worldwide Insurance Services, LLC has named Kevin M. Strong its new chief executive officer....
J&J Talc Unit Defends Latest Bankruptcy Settlement Bid April 12, 2023 By Dietrich Knauth A Johnson & Johnson company on Tuesday defended its second attempt to resolve talc lawsuits in bankruptcy, telling a U.S....
Kin Spins Into Tornado-Prone Mississippi, Relying on Data for Risk Pricing April 12, 2023 By William Rabb Kin Insurance and its reciprocal exchange program have expanded into Mississippi, just as tornado damage may be worsening in the...
Alera Group Acquires Miami’s Wilson Washburn & Forster April 12, 2023 By William Rabb Alera Group, a nationwide wealth services and insurance firm, has acquired Wilson, Washburn & Forster, 62-year-old insurance agency in Miami....
Washington Insurance Commissioner Issues $578K in Fines for March Violations April 12, 2023 Washington Insurance Commissioner Mike Kreidler issued fines in March totaling $578,363 against insurance companies that violated state insurance laws and...
California Department Insurance Investigation Led to Dozens Implicated in Fraud Scheme April 12, 2023 A California Department of Insurance-led investigation with assistance from the California Department of Justice has resulted in the arraignment of...