The market for catastrophe bonds is one of this year’s best-performing debt classes. It’s also about to see a significant increase in sales as the World Bank, a major issuer, prepares to ratchet up its offering. The lender plans to …
Tech-enabled commercial insurance wholesale brokerage QuoteWell announced its public launch to serve independent retail agents. Founded in 2021, the insurtech said it “helps agents who are often overlooked and given poor customer service due to low premiums associated with their …
When wailing sirens warn of incoming rockets from Gaza, workers at Israel’s Port of Ashdod stop operations within moments and quickly resume their work minutes later when the all clear is given. It’s an unusual way for a port to …
USQRisk, the international managing general agent specializing in alternative risk transfer solutions, has announced the launch of Pera, a managing general agent providing cyber and blended cyber and technology E&O insurance to large U.S. domiciled corporate risks. Pera is a …
U.S. penalties on shippers transporting Russian oil in breach of the G7’s price cap could push more Russian cargoes onto vessels referred to as the ghost fleet and away from mainstream tankers, shipping sources and analysts told Reuters. The cap …
CFM International Inc. identified more aircraft engines and forged documents linked to the UK parts distributor behind an alleged scheme to sell aircraft components backed by forged records. An extensive review by the engine-making joint venture of General Electric Co. …
Hurricane Otis made landfall near the tourist hotspot of Acapulco on Mexico’s Pacific Coast as a deadly Category 5 hurricane with winds capable of collapsing homes, ripping apart power lines and tossing trees. The storm made landfall around 2:25 a.m. …
Estonia’s investigation into a damaged Baltic Sea telecoms cable will focus on the actions of a Chinese-owned vessel, the country’s prosecutor general said, after Finland blamed damage to a nearby pipeline on a ship. Early on Oct. 8, a gas …
JACKSON, Miss. (AP) — Incomplete homicide autopsy reports have continued to pile up in Mississippi – despite tough-on-crime talk by state leaders ahead of the Nov. 7 general election. Police officers and prosecutors rely on medical examiners` autopsy reports to …
A cruise operator that failed to cancel a voyage from Sydney that led to a major COVID-19 outbreak was ruled negligent in its duty of care to passengers in an Australian class-action case Wednesday. The Ruby Princess ocean liner left …