DUAL, the specialist underwriting arm of Howden Group Holdings, announced it has significantly strengthened its marine capability in Europe with the acquisition of Swiss Re’s Genoa, Italy-based Marine team with the authority to write marine business for Swiss Re going …
Coral reefs around the world are experiencing global bleaching for the fourth time, top reef scientists declared Monday, a result of warming ocean waters amid human-caused climate change. Coral reef bleaching across at least 53 countries, territories or local economies …
Howden has started offering war risk cargo insurance to cover vessels sailing through the Red Sea against drone and missile attacks as geopolitical tensions escalate in the region, the UK-based insurance broker told Reuters on Tuesday. The cost of insuring …
The economic drivers of the U.S. property/casualty (P/C) insurance industry are growing faster than the nation’s Gross Domestic Product (GDP) and are expected to gain further momentum in the event of Federal Reserve monetary rate cuts, according to the Insurance …
MGM Resorts International sued the Federal Trade Commission to stop an investigation into how it dealt with a cybersecurity attack last year. The company said the investigation deprives it of its fundamental due process rights and that FTC Chair Lina …
Cerebral Inc., a major U.S. provider of telemedicine mental health services, will likely have to pay $7 million in penalties and refunds to clients as part of a settlement with the Federal Trade Commission. The firm exposed the personal information …
Woodruff Sawyer promoted Dave Erickson to employee benefits practice leader. Most recently, he led Woodruff Sawyer’s employee benefits operations. Erickson has more than 15 years of experience in the employee benefits industry. Before joining Woodruff Sawyer in 2018, he was …
One of the East Coast’s largest auto recyclers and used parts suppliers has agreed to pay $868,000 in penalties related to 35 workplace safety violations at its Camden, New Jersey facility. The agreement with The Auto Store, operating as My …
Four railroads have asked federal appeals courts to throw out a new rule that would require two-person train crews in most circumstances, saying the mandate is arbitrary, capricious and an illegal abuse of discretion. The identical challenges of the Federal …
Donald Trump submitted evidence that the insurer providing his $175 million appeal bond in New York’s civil fraud case is financially capable of paying up if his legal challenge fails, after the state attorney general demanded more proof. Los Angeles-based …
