France News

Supreme Court Decision Limits Non-U.S. Companies’ Exposure to U.S. Securities Litigation

Securities lawsuits against BP and Toyota may be substantially narrowed, thanks to a recent Supreme Court decision. On June 24, 2010, in a long-awaited decision that will affect the circumstances under which non-U.S. companies can be sued under U.S. securities …

Cunningham Lindsey Completes Expansion in Germany, Spain, France

Claims specialists Cunningham Lindsey Group Limited have completed four strategic acquisitions in Europe. President and CEO Philippe Bès reported that the Group is “ahead of our internal plans in the implementation of this expansion program, and have completed most of …

The Growing Risks of Social Media

Asked why he robbed banks, Willie Sutton famously replied: “Because that’s where the money is.” Something similar can be said to explain why companies are paying more attention to social media these days — because that’s where the consumers are. …

First Half 2010 Catastrophe Losses Double Average at $22 Billion

A report from Munich Re (www.munichre.com) notes that the first half of 2010 was “marked by an exceptionally large number of natural catastrophes and the scale of the losses they caused.” The reinsurer recorded 440 “events from January until the …

ACE Group Appoints Six New Global Client Executives

The ACE Group of insurance and reinsurance companies has announced the appointment of six additional global client executives in four countries: Jeff Carr and Shaun Edwards in London, Olivier Roussel in Paris, Wolfgang Ruffert in Frankfurt, Andrea Pearson in Los …

How to Manage the Growing Risks of Social Media

Advertising, Defamation, Privacy and Security Laws All at Issue Asked why he robbed banks, Willie Sutton famously replied: “Because that’s where the money is.” Something similar can be said to explain why companies are paying more attention to social media …

Flash Floods Take 20 Lives in Southern France

A series of heavy rainstorms has caused rivers and creeks in southern France to rise to unprecedented levels. Flash floods have swept away cars and houses, and directly caused the deaths of at least 20 people, with the toll expected …

EU Leaders Meet to Work on Ways to Prevent New Debt Crises

European Union leaders hope to agree on ways to strengthen budget discipline and economic policy coordination on Thursday to show financial markets they can prevent a repeat of the euro zone debt crisis. Leaders of the 27 member states and …

Torus Names 3 Senior Execs for Professional Lines in France, Germany

Torus, the global specialty insurer, announced the appointment of Mathieu Borneuf as Head of Management Liability and Jérôme Gillet as Head of Professional Liability. Both men are based in Torus’ new Paris office and will manage their respective product lines …

EU Faces a Battle in Achieving Closer Economic Union

Agreeing on a $1 trillion safety net may prove the easy part of saving the euro now the European Union’s leaders are turning to the divisive issue of tightening economic policy coordination. The European Commission wants to reinforce economic surveillance …