The Insurance Information Institute’s new white paper, “A World Without TRIA: Incalculable Risk,” shows how the market for terrorism insurance has evolved since the 2001 terrorist attacks – from the early days in which there was effectively no market (insurers …
Authorities in Washington, D.C., say two regional transit agency workers were hurt when one commuter train rear-ended another. WTOP-FM reports D.C. Fire and EMS tweeted that the Washington Metropolitan Area Transit Authority (WMATA) workers hurt in the Monday crash have …
A Connecticut man must pay a $5,000 fine and serve two years’ probation after making false statements to obtain a Small Business Administration loan to repair his marina. Thirty-nine-year-old Scott Sundholm of Old Saybrook, Conn., was sentenced for claiming his …
A federal appeals court on Thursday cleared the way for a landmark trial over the nation’s opioid crisis, rejecting a bid by eight drug retailers and distributors to disqualify the judge, and a request by Ohio and other U.S. states …
U.S. aviation regulators assessing Boeing Co.’s 737 Max sometimes didn’t follow their own rules, used out-of-date procedures and lacked the resources and expertise to fully vet the design changes implicated in two fatal crashes, a review panel comprised of global …
Africa’s largest insurer is getting breathing room to build on its biggest-ever acquisition and expand existing operations as rivals scale back on the continent and its main competitor squabbles with its fired CEO. Sanlam Ltd. last year spent about $1.1 …
Beazley has appointed Rachel Turk as head of corporate development, effective immediately, following the retirement of Mark Goodman. Turk joined Beazley in January 2009 as an analyst in the management liability team before moving into underwriting. Since 2015 she has …
Mediobanca’s third-biggest investor Leonardo Del Vecchio called for it to get bigger through acquisition on Friday, stepping up his questioning of the Italian merchant bank’s strategy. The 84-year-old billionaire bought a 7% stake in Mediobanca last month, stunning corporate Italy …
If Britain hasn’t secured a deal to leave the European Union as the clock ticks past 11 p.m. on Oct. 31, billions of data transfers could be thrown into legal limbo. Though not as visible as lines of trucks backing …
In the midst of a vaping crisis that has gripped the nation’s cannabis industry what is needed most right are more regulations. Believe it or not, that was a message from the industry itself. A group of expert panelists speaking …
