A man who used sledgehammers and mallets to further damage customers’ vehicles at the two auto body shops he owned in an effort to cheat insurance companies has pleaded guilty to dozens of charges, prosecutors said. Adam Haddad, 44, pleaded …
President Joe Biden said Tuesday that his administration needs to “bring every resource to bear” to deal with natural disasters as huge swaths of the country have already endured extreme weather with the summer season just starting. The president said …
These international People Moves detail new hires at two Lloyd’s insurers (Ascot and MS Amlin) and broker Howden. A summary of these appointments follows here. Insurer Ascot Group announced the expansion of its U.S. facultative reinsurance capabilities with the appointment …
The U.S. Securities and Exchange Commission (SEC) may require public companies to publish data on a whole range of new areas, including greenhouse gas emissions, workforce turnover and diversity, as its new chairman looks to enhance the SEC’s disclosure regime. …
Warren Buffett’s Berkshire Hathaway Inc. appears to have extended its drive to repurchase its own stock, even with its share price near a record high, according to regulatory filings and an analyst. Edward Jones & Co. analyst James Shanahan estimated …
Italian prosecutors investigating the deadly collapse of a bridge in 2018 have asked for 59 people, including former Atlantia CEO Giovanni Castellucci, to be sent for trial, two judicial sources told Reuters. The road bridge, operated by Atlantia’s motorway unit …
LONDON – Britain’s Court of Appeal confirmed on Thursday that riders for food delivery firm Deliveroo were self-employed, dismissing a union appeal against past judgments on their status. Deliveroo said it was the fourth court judgment in Britain which had …
Hrusky, Czech Republic — Emergency workers and residents combed through wreckage in southern Czech Republic on Friday after a tornado ripped roofs off buildings and sent cars flying through the air, killing at least five people and injuring hundreds. The …
TOKYO – As the world tries to price the cost of climate change, Japan’s second largest non-life insurer MS&AD foresees the potential rise in claim payments in 2050 to be anywhere between 5% to 50% from current levels. Sompo Holdings, …
TOKYO – Japanese financial institutions are struggling to put a price tag on the cost of climate change, an effort made difficult by the long timeframe and a lack of data for making credible predictions. Non-life insurer MS&AD, for one, …
