News Archives - Insurance Journal

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17 11, 2023

FBI Warns on Scattered Spider Hackers, Urges Victims to Come Forward

By | November 17th, 2023|Uncategorized|Comments Off on FBI Warns on Scattered Spider Hackers, Urges Victims to Come Forward

The FBI warned organizations to guard against the Scattered Spider hacking group, which has breached dozens of American organizations over the past year, stealing their sensitive data for extortion. The FBI alert follows a Reuters report this week that said …

17 11, 2023

People Moves: Howden Taps Marsh’s Bayon de La Tour as International Head of Cyber; Argenta Promotes Davidson to Lead New Energy Transition Offering

By | November 17th, 2023|Uncategorized|Comments Off on People Moves: Howden Taps Marsh’s Bayon de La Tour as International Head of Cyber; Argenta Promotes Davidson to Lead New Energy Transition Offering

This edition of International People Moves details appointments at Howden and Argenta Syndicate Management. A summary of these new hires follows here. Howden Taps Marsh’s Bayon de La Tour as International Head of Cyber Howden, the London-based global insurance group, …

17 11, 2023

Toxic Chemicals Found in Wells Near Michigan Shoe Manufacturer’s Headquarters

By | November 17th, 2023|Uncategorized|Comments Off on Toxic Chemicals Found in Wells Near Michigan Shoe Manufacturer’s Headquarters

ROCKFORD, Mich. (AP) – Tests show toxic chemicals in wells near the headquarters of a western Michigan shoe manufacturer, years after the company dredged and transferred river sediment from a leather-processing tannery. There is no dispute Wolverine Worldwide used a …

17 11, 2023

Study: Medical Payments to Treat Injured Workers in Texas Stable Over Five-Year Period

By | November 17th, 2023|Uncategorized|Comments Off on Study: Medical Payments to Treat Injured Workers in Texas Stable Over Five-Year Period

Medical payments to treat injured workers in Texas were stable from 2016 to 2021, according to a new study from the Workers’ Compensation Research Institute (WCRI). The study, CompScope Medical Benchmarks for Texas, 24th Edition, found that stability in medical …

17 11, 2023

Federal Appeals Court Strikes Down Air Pollution Permit for Texas LNG Terminal

By | November 17th, 2023|Uncategorized|Comments Off on Federal Appeals Court Strikes Down Air Pollution Permit for Texas LNG Terminal

A federal appeals court on Monday struck down a major air pollution permit issued by Texas’s environmental regulator, arguing that the state allowed improperly high emissions limits for Port Arthur LNG, a gas liquefaction and export terminal currently under construction …

17 11, 2023

Fortune 500 Vulnerabilities to Third-Party Cloud Risk Could Result in $20B Loss

By | November 17th, 2023|Uncategorized|Comments Off on Fortune 500 Vulnerabilities to Third-Party Cloud Risk Could Result in $20B Loss

New research indicates members of the Fortune 500 could suffer direct financial losses in excess of $20 billion due to a partial outage of third-party cloud services, according to Parametrix. The findings highlight how the disruption of third party cloud …

17 11, 2023

US Sanctions Maritime Companies, Vessels for Shipping Oil Above Russian Price Cap

By | November 17th, 2023|Uncategorized|Comments Off on US Sanctions Maritime Companies, Vessels for Shipping Oil Above Russian Price Cap

The U.S. on Thursday imposed sanctions on maritime companies and vessels for shipping Russian oil sold above the G7’s price cap, as Washington seeks to close loopholes in the mechanism designed to punish Moscow for its war in Ukraine. The …

17 11, 2023

Generali Keeps 2024 Goal as Profits Rise 30% Despite Disaster Claims

By | November 17th, 2023|Uncategorized|Comments Off on Generali Keeps 2024 Goal as Profits Rise 30% Despite Disaster Claims

Italy’s top insurer Generali stuck to 2024 targets on Thursday after posting a 29.6% rise in nine-month adjusted net profit despite rising claims from natural disasters which it said would also weigh on this quarter. The impact of extreme weather …

17 11, 2023

Tankers, Newly Sanctioned by US, Supplied Russian Oil to India

By | November 17th, 2023|Uncategorized|Comments Off on Tankers, Newly Sanctioned by US, Supplied Russian Oil to India

Three oil tankers, newly sanctioned by Washington, regularly shipped Sokol crude from Russia’s Far East to Indian Oil Corp, the country’s top refiner, in recent months, according to shiptracking data from LSEG, Kpler and trade sources. The U.S. on Thursday …

17 11, 2023

NBJ London Markets Rebranded as Verlingue London Markets; New Senior Execs Hired

By | November 17th, 2023|Uncategorized|Comments Off on NBJ London Markets Rebranded as Verlingue London Markets; New Senior Execs Hired

Verlingue has launched Verlingue London Markets following the rebranding of specialist Lloyd’s and London market wholesale broker NBJ London Markets. The business also has made a number of senior hires to expand its access to markets and expertise for its …