Chip technology supplier Arm Holdings breached a licensing agreement with Qualcomm and intentionally interfered with the chipmaker’s business relationship with Meta Platforms, a Delaware jury found on Tuesday, but awarded nominal damages of just $2. The verdict followed a five-day …
Higginbotham announced it has grown its transportation specialty practice into a full division. The 31-person division brings 372 combined years of transportation insurance experience and greater capacity to address increasingly complex transportation risks. “Transportation insurance is a highly specialized business,” …
In recent weeks, Gov. Greg Abbott and Attorney General Ken Paxton have adopted increasingly tough rhetoric against data centers, promising to crack down on hundreds of facilities that failed to disclose required information about their water use over the past …
Opterrix, a risk intelligence platform serving the property and casualty insurance industry, has promoted Rich Krupar to chief commercial officer. In the expanded role, Krupar will lead the company’s commercial strategy, growth and revenue initiatives while helping bring Opterrix’s evolving …
An adviser to Europe’s highest court recommended on Oct. 15 that TikTok lose its challenge to its “gatekeeper” status under landmark EU rules, backing regulators in a closely watched test of the bloc’s efforts to curb Big Tech’s power. The …
Markel Insurance announced two key appointments within its marine & energy liability underwriting team in London, appointing Josephine Stroud as head of energy liability and Jenny McFarlane as senior underwriter – marine & energy liability. Both appointments follow the establishment …
French supermarkets are facing millions of euros in losses after a cyberattack forced them to throw away food, in a crisis that is not typically covered by cyber insurance policies but could still lead to higher premiums in future, insurers …
October 15 is the Great ShakeOut, a day when millions of Americans participate in earthquake drills while at school, work or home. The Missouri Department of Commerce and Insurance (DCI) is using October as a reminder for residents to consider …
Chubb Limited said it made three leadership appointments within its global claims organization. Lisa Wilson has been named head of North America claims, overseeing all aspects of North America commercial and personal lines claims and services, effective immediately. Wilson will …
AM Best has revised the outlooks to positive from stable for the members of the New York-based AmTrust Group. The ratings firm also affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) …