SEC Sues Brazilian Miner Vale Over ‘False and Misleading’ Claims About Safety of Dams April 29, 2022 By Chris Prentice The U.S. Securities and Exchange Commission (SEC) on Thursday sued Brazilian miner Vale for allegedly making false and misleading disclosures...
Generali’s CEO Survives Leadership Challenge, but Rebels Take Board Seats April 29, 2022 By Valentina Za and Gianluca Semeraro Philippe Donnet kept his job as chief executive of Italian insurer Generali on Friday, surviving a challenge from rebel domestic...
Is AXIS Selling Its Reinsurance Business? Some Say: Where There’s Smoke, There’s Fire April 29, 2022 By L.S. Howard AXIS Capital Holding’s chief executive officer would not comment on reports that the company is looking to sell its reinsurance...
People Moves: AXA Reappoints Buberl as CEO; Gosset-Grainville Named Chair April 29, 2022 Thomas Buberl has been reappointed as AXA’s chief executive officer, while Antoine Gosset-Grainville has been name chairman of the board...
Markets/Coverages: QBE N.A. Starts Specialty Casualty; Ryan Specialty, Harleysville Team Up; Coalition, Vantage Capacity Partners; Joyn Expands Offerings April 29, 2022 QBE North America launches Specialty Casualty business QBE North America today announced the launch of a Specialty Casualty business as...
Russia May Be Forced to Cannibalize Half Its Planes for Spare Parts: Kommersant April 29, 2022 By Bloomberg News Russia may be forced to ground between half and two-thirds of its commercial aircraft by 2025 in order to cannibalize...
EasyJet Cancels Leases on Russia-Owned Jets in Rare Sanctions Anomaly April 29, 2022 By Siddharth Philip EasyJet Plc terminated rental contracts on six Airbus SE jets owned by a Russian state leasing company in a rare...
Japan Officials Investigate Previous Accidents of Operator of Sunken Japan Tour Boat April 29, 2022 By Mari Yamaguchi TOKYO (AP) – The head of the company that operated a tourist boat that sank off northern Japan with 26...
‘Going and Coming’ Rule Gets a Little More Focused, Florida Court Decides April 29, 2022 By William Rabb A Florida appeals court has put a fine point on the still-evolving “going and coming rule” in workers’ compensation law....
Cross Insurance Acquires Humphrey, Byfield Agencies in Coastal Massachusetts April 29, 2022 Cross Insurance announced the acquisition of Newburyport, Massachusetts-based Harold Humphrey Insurance Agency, Inc. and its sister agency, Byfield Insurance Agency,...