Data breaches at big retailers are becoming almost commonplace, and class actions by affected consumers are typically not far behind. Now, a federal appeals court in Chicago has made it harder for retailers who are hacked to have these lawsuits …
The article Neiman Marcus Ruling Aids Plaintiffs in Data Breach Class Actions appeared first on Insurance Journal.
Willis Group Holdings announced the appointment of Nick Dussuyer as Global Head of Willis’s Natural Resources Industry with immediate effect. Dussuyer joins from BearingPoint where he was member of the global Natural Resources leadership team and the Partner in charge …
The article Willis Appoints Dussuyer Global Head of Natural Resources Industry appeared first on Insurance Journal.
A.M. Best has placed under review with negative implications the financial strength rating of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a” of Ironshore Insurance Ltd. (Bermuda) and its affiliated operating companies: Ironshore Indemnity Inc. (Minneapolis, MN), Ironshore …
The article Best Places Ironshore & Subs Ratings under Review with Negative Implications appeared first on Insurance Journal.
Delta Lloyd NV Chief Financial Officer Emiel Roozen resigned after a Rotterdam court upheld a decision by the central bank to fine the insurer. The company won’t appeal the court ruling as it “seeks to resolve the situation as soon …
The article Delta Lloyd’s CFO Resigns After Dutch Court Upholds Central Bank Fine appeared first on Insurance Journal.
TigerRisk Partners LLC announced its first presence in Asia with the opening of the Hong Kong office of its subsidiary TigerRisk China Partners. TigerRisk China Partners is a member of the Hong Kong Confederation of Insurance Brokers, effective July 30. …
The article TigerRisk Enters China Market with Opening of Hong Kong Office appeared first on Insurance Journal.
Marsh has completed its previously agreed acquisition of Leeds, England-based SME Insurance Services (SMEi), an independent broker which provides specialist commercial insurance to small and medium-sized enterprises across the UK. The transaction was announced on June 1. The addition of …
The article Marsh Completes Acquisition of UK-Based SME Insurance Services appeared first on Insurance Journal.
Zurich Insurance Group AG is raising financing ahead of a possible takeover offer for RSA Insurance Group, according to people familiar with the matter. The Swiss insurer is talking to banks about raising more than $4 billion, said two of the people, who asked …
The article Zurich Insurance Prepares Financing Ahead of Possible Offer for RSA: Sources appeared first on Insurance Journal.
Freberg Environmental Insurance has named Renee Miller to lead its environmental consultants and contracting program. Miller will be based in Denver, Colo. and lead Freberg’s environmental program providing general liability, contractors’ pollution and professional liability for environmental firms. Miller joins …
The article Freberg Environmental Names Miller Senior Vice President in Colorado appeared first on Insurance Journal.
The National Weather Service has confirmed that storm damage in Tolna, N.D. was caused by a tornado. The tornado last week was rated an EF-1, with an estimated peak wind speed of 110 mph. It was on the ground for …
The article Weather Service Confirms Tornado Struck North Dakota City appeared first on Insurance Journal.
The Massachusetts Senate’s oversight body is launching an inquiry into homeowners insurance rate increases approved by the Division of Insurance (DOI) this year after a brutal winter led to increased claims activity. State Senator Mike Barrett (D-Lexington), chair of the …
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