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Aspen Expands Agreement to Provide Capacity for Ryan Specialty’s MGU Portfolio

Bermuda-based Aspen Insurance Holdings Ltd. announced it has entered into agreement with Ryan Specialty Group to support a diverse international portfolio of delegated underwriting authority business. With effect from Jan. 1, 2022, Aspen has joined an additional seven programs from …

Recent Storm Caused More Erosion to New Jersey Beach

The weekend storm that brought rain and snow to much of New Jersey also caused significant erosion to a Jersey Shore beach that was already in the process of being widened. Now, federal and state officials are trying to determine …

UK Hospitality Groups Are Back in Court With Insurers Over Lockdown Losses

Some of the world’s biggest insurers are bracing as a second wave of multi-million-pound lawsuits, brought by struggling British pubs, restaurants and bakery chains over lockdown losses, starts hitting London’s courts next week. Zurich, MS Amlin, Liberty Mutual, Allianz and …

People Moves: Muñiz Named GC&C’s Head of Construction & Green Energy; Gallagher Re Hires Hiscox’s Kim for Cyber; Chubb Promotes Kropp to Global Head of Operations/Tech

This edition of International People Moves details appointments at Generali Global Corporate & Commercial (GC&C), Gallagher Re and Chubb. A summary of these new hires follows here. Muñiz Named GC&C’s Head of Construction & Green Energy Generali Global Corporate & …

Data of 515,000 People at Risk After ‘Sophisticated’ Hack of Red Cross

The International Committee of the Red Cross said that personal data of 515,000 vulnerable people were compromised in a “sophisticated” hack. The cyberattack targeted a contractor in Switzerland that stores Red Cross data. There’s no indication yet that the data …

Shell Appeals $2 Billion Court Judgment in Nigerian Oil-Spill Case

A Nigerian court will hear Royal Dutch Shell Plc’s appeal to overturn an almost $2 billion award against the company for allegedly spilling oil in the West African country. The energy giant is challenging a November 2020 judgment in favor …

Russian-Backed Actors Targeting Canada’s Infrastructure, Intelligence Agency Warns

Network operators of critical Canadian infrastructure should boost their defenses against Russian state-sponsored threats, Canada’s signals intelligence agency said on Thursday. The warning from the Communications Security Establishment (CSE) is the latest in a series of bulletins from Canada’s two …

Ohio’s battleface Adds Vacation Rental Damage Insurance

Columbus, Ohio-based Insurtech battleface has added vacation rental damage to its benefit options. The new product provides insured travelers with protection against covered losses while staying in a vacation rental. Battleface’s vacation rental damage benefit options include a choice of …

Texas AG Sues Google Over Local Radio Ads for Its Smartphones

Texas’ attorney general on Jan. 19 sued Google, alleging the company asked local radio DJs to record personal endorsements for smartphones that they hadn’t used or been provided. In the lawsuit filed in Montgomery County, Republican Attorney General Ken Paxton …

Latest Michigan School Sex Abuse Case One of a Number

A financial payout for more than 1,000 people — mostly men —who say they were sexually assaulted by former University of Michigan sports doctor Robert Anderson is the latest multimillion settlement involving schools faced with sexual misconduct scandals. The $490 …

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