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Mullarkey to Head Canada Property & Energy for Swiss Re Corporate Solutions

Swiss Re Corporate Solutions has named Jamie Mullarkey as head of Property & Energy, Canada. In this role, Mullarkey leads property and energy underwriting in Canada with teams based in Toronto and Vancouver. He succeeds Yvonne Steiner who has decided …

Purdue Includes Free Opioid Treatment Drugs in Settlement Offer

The company that created OxyContin is offering free doses of an opioid-abuse treatment as part of its offer to resolve more than 1,000 lawsuits accusing the drugmaker of helping fuel the opioid crisis, according to people familiar with the negotiations. …

German Court Postpones Key Case on YouTube Liability to Obtain EU Opinion

Germany’s highest court has postponed a decision on whether YouTube is liable for violations of intellectual property rights on its video platform in order to seek the opinion of European Union judges, a process expected to take one to two …

Tech Giants, Chamber Offer Views on National Consumer Privacy Rules

Two technology trade groups on Wednesday released proposals for national consumer privacy regulations, adding to the chorus of businesses seeking to influence the growing momentum for stricter rules on how companies handle users’ personal information. The move by the Internet …

Survey Finds Cyber Crimes Cost German Businesses $50 Billion

Two thirds of Germany’s manufacturers have been hit by cyber-crime attacks, costing industry in Europe’s largest economy some 43 billion euros ($50 billion), according to a survey published by Germany’s IT sector association on Thursday. Industry association Bitkom surveyed 503 …

Hurricane Florence Hits Close to Home for North Carolina-Based Broker AmWINS

For North Carolina-headquartered global insurance broker AmWINS Group Inc., Hurricane Florence isn’t just a storm that will affect insureds – many of its own employees and agents are also directly in the storm’s path. With 385 employees between Charlotte, Burlington, …

North Carolina Weakened Its Building Codes in 2013

Five years ago, encouraged by home builders and an anti-regulatory zeal, lawmakers in North Carolina joined other states in weakening building code requirements. It’s a decision they may regret as Hurricane Florence takes aim at the Carolinas. The Legislature in …

Wind, Storm Surge Losses from Florence Could Reach $5B; Top 10 Insurers Affected in Carolinas

Hurricane Florence was downgraded to a Category 1 storm Thursday night, but it is still a major storm that will have a significant impact on North and South Carolina and cause considerable damage to the region. According to a “Hazard …

Campaign Calls on U.S. Insurers to Reject Fossil Fuels

A handful of consumer and climate groups are calling on the insurance industry to ditch fossil fuels as part of a new campaign called Insure Our Future. The entreaty came on the eve of this week’s Global Climate Action Summit, …

Woodruff Sawyer Names Parsons VP in Construction Practice in California

Woodruff Sawyer has named Matthew Parsons vice president and account executive in the firm’s San Francisco, Calif. construction practice. Parsons specializes in risk management and insurance coverage for mid-size and large U.S. construction companies, with a focus on advising general …

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