News Archives - Insurance Journal

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11 10, 2024

Howden Alleged to Have Poached Insurance Rival’s Team in UK Suit

By | October 11th, 2024|Uncategorized|Comments Off on Howden Alleged to Have Poached Insurance Rival’s Team in UK Suit

One of the UK’s top insurers is accused of using a team of “recruiting sergeants” to poach talent from a rival that led to mass resignations in Brazil and London. Aon UK Ltd. sued Howden Group Holdings Ltd. in the …

11 10, 2024

People Moves: Zurich N.A. Hires AIG’s Hattauer to Head Financial Lines; Aon Promotes Leaders Within US Financial Services Group

By | October 11th, 2024|Uncategorized|Comments Off on People Moves: Zurich N.A. Hires AIG’s Hattauer to Head Financial Lines; Aon Promotes Leaders Within US Financial Services Group

Zurich N.A. Hires AIG’s Hattauer to Head Financial Lines Zurich North America hired Nora Hattauer as head of financial lines for Zurich’s U.S. national accounts and middle market businesses. Hattauer officially starts her role at Zurich on Oct. 21. Based …

11 10, 2024

Fresh Appetite for Risk Can Help Arrest Britain’s Downward Spiral, Think Tank Says

By | October 11th, 2024|Uncategorized|Comments Off on Fresh Appetite for Risk Can Help Arrest Britain’s Downward Spiral, Think Tank Says

Britain’s decade-long economic downward spiral could be reversed with a fresh appetite for risk that might help boost annual investment by a required 100 billion pounds ($131 billion) over the next decade, a leading think tank said on Friday. In …

11 10, 2024

Fecal Contamination in Perrier Well Adds to $300 Billion Sector’s Hurdles

By | October 11th, 2024|Uncategorized|Comments Off on Fecal Contamination in Perrier Well Adds to $300 Billion Sector’s Hurdles

In the arid highlands near the town of Vergèze in southern France, the sun beats down on a small stone house as the buzz of cicadas fills the air. Until a few months ago, beneath this tile-roofed structure, a pump …

11 10, 2024

Coal Expansion Helps Lure Insurers Back to Australia Producer Whitehaven

By | October 11th, 2024|Uncategorized|Comments Off on Coal Expansion Helps Lure Insurers Back to Australia Producer Whitehaven

Whitehaven Coal Ltd., one of Australia’s largest coal producers, shelved a planned special purpose vehicle originally intended to provide in-house insurance after finding external insurers willing to take on the risk. The development follows Sydney-based Whitehaven’s $3.2 billion purchase of …

11 10, 2024

Economic Challenges, Cyber, and People Risks Top UK Businesses’ Concerns: Marsh

By | October 11th, 2024|Uncategorized|Comments Off on Economic Challenges, Cyber, and People Risks Top UK Businesses’ Concerns: Marsh

Economic and financial challenges (43%), cyber threats (39%) and people-related risks (38%) are the top three concerns facing UK businesses over the next 12 months, according to new research by Marsh McLennan. The findings come from Marsh’s UK Business Risk …

11 10, 2024

Pilot Dies in Crash of Replica WWI-Era Plane During Upstate New York Airshow

By | October 11th, 2024|Uncategorized|Comments Off on Pilot Dies in Crash of Replica WWI-Era Plane During Upstate New York Airshow

A replica of a World War I-era fighter plane caught fire and crashed during an airshow in upstate New York, killing the pilot, according to police. Brian Coughlin, 60, died Saturday after the Fokker D.VIII replica went down during an …

11 10, 2024

Bayer Must Pay $78 Million in Latest Roundup Cancer Trial, Jury Finds

By | October 11th, 2024|Uncategorized|Comments Off on Bayer Must Pay $78 Million in Latest Roundup Cancer Trial, Jury Finds

Bayer must pay $78 million to a Pennsylvania man who said he got cancer from using the company’s Roundup weedkiller, a state court jury in Philadelphia found on Thursday. The verdict follows previous consecutive victories for Bayer in that court. …

11 10, 2024

New York Mets Hit With Class Action Alleging Biometric Privacy Violations

By | October 11th, 2024|Uncategorized|Comments Off on New York Mets Hit With Class Action Alleging Biometric Privacy Violations

The company that owns the New York Mets professional baseball team is the target of a class action lawsuit alleging the organization collects and profits from fans’ biometric information at its stadium, CitiField, in violation of the city’s biometrics privacy …

11 10, 2024

Milton’s Surprise Was the Damage Unleashed by Powerful Winds

By | October 11th, 2024|Uncategorized|Comments Off on Milton’s Surprise Was the Damage Unleashed by Powerful Winds

Storm Weakened But Still Brought 120-mph Winds to St. Petersburg Area Hurricane Milton’s devastating path across Florida has left at least 10 dead, millions without power, and destroyed homes and crops, as authorities warn it could take days to assess …