New York’s Top Court Overturns $16.5 Million Talcum Powder Cancer Verdict April 28, 2022 By Andrew G. Simpson The New York Court of Appeals has nixed a $16.5 million jury verdict won by the estate of a woman...
Ebix Europe Launches Exposure Management Platform: ExposureHub April 28, 2022 London market reform technology specialist Ebix Europe announced the launch of its new platform, ExposureHub, for re/insurance exposure management. Ebix...
Lloyd’s Insurer Lancashire Sees Manageable Russia-Ukraine Losses April 28, 2022 By Carolyn Cohn Shares in Lloyd’s of London insurer Lancashire jumped nearly 10% on Thursday as it estimated net losses in Ukraine at...
Update: Who’s Who in Generali’s CEO Election Drama April 28, 2022 Philippe Donnet, who has been CEO at Europe’s third-largest insurer since 2016, is running for reappointment with the backing of...
India’s ONGC Struggles to Ship Russian Oil to Asia as Sanctions Bite: Sources April 28, 2022 By Nidhi Verma and Jonathan Saul India’s Oil and Natural Gas Corp. (ONGC) is struggling to find a vessel to ship 700,000 barrels of crude from...
Progress Made on Nebraska Wildfires, But High Winds Threaten Efforts April 28, 2022 Fire crews took advantage of a break in the weather in their battle to contain large fires in the West...
Exxon Mobil Declares Force Majeure on Its Russian Sakhalin-1 Operations April 28, 2022 Exxon Mobil Corp. said on Wednesday its Russian unit Exxon Neftegas Ltd. has declared force majeure for its Sakhalin-1 operations...
Britain Proposes Post-Brexit Relaxation of Solvency II Capital Rules for Insurers April 28, 2022 By Huw Jones Britain launched public consultation on Thursday for a post-Brexit relaxation of capital rules for insurers, in a step the government...
North Dakota Governor Seeking Federal Help With Damaging Storms April 28, 2022 North Dakota Gov. Doug Burgum plans to ask for federal help in dealing with damaging floods and a severe winter...
Judge Rules for Elon Musk in $13 Billion Lawsuit Over Tesla-SolarCity Deal April 28, 2022 By Tom Hals Tesla Inc. Chief Executive Officer Elon Musk did not unjustly enrich himself when he guided the electric vehicle maker in...