News Archives - Insurance Journal

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14 10, 2022

Viewpoint: Effective Risk Management and Insurance Procurement

By | October 14th, 2022|Uncategorized|Comments Off on Viewpoint: Effective Risk Management and Insurance Procurement

More than ever, in the wake of the global disruption wrought by the COVID-19 pandemic, geopolitical upheaval, and supply chain disruptions and other inflationary pressures, risk management has proven critical to organizations’ operations and survival. Although some organizations might continue …

14 10, 2022

Broker Marsh Says it Has Optimism for Continued Cyber Market Stabilization

By | October 14th, 2022|Uncategorized|Comments Off on Broker Marsh Says it Has Optimism for Continued Cyber Market Stabilization

In its latest update of the cyber market, broker Marsh said there are signs of improvement, with average rate increases continuing a trend of stead decline. Marsh said rate increases for cyber insurance have decelerated nearly 80% on average in …

14 10, 2022

Airbus and Qatar Airways Return to Court Over Ongoing Contractual, Safety Dispute

By | October 14th, 2022|Uncategorized|Comments Off on Airbus and Qatar Airways Return to Court Over Ongoing Contractual, Safety Dispute

Airbus and Qatar Airways return to court on Friday as a contractual and safety dispute over A350 passenger jets descends into a tug-of-war over confidential documents while the sums at stake in their unprecedented falling-out top $1.5 billion. Qatar Airways …

14 10, 2022

EU, U.S. Eye Level Playing Field for EU Electric Cars in U.S. Market

By | October 14th, 2022|Uncategorized|Comments Off on EU, U.S. Eye Level Playing Field for EU Electric Cars in U.S. Market

European Union and U.S. officials expect to reach agreement that would grant EU companies, including electric car makers, the same status as U.S. ones in the U.S. market, to avoid what the EU calls discrimination against its producers by the …

14 10, 2022

People Moves: NFP Hires Pelaez for Mgmt and Professional Liability in Canada; Miller Names AGCS’ Hooker as APAC Head of Energy; Liberty GTS Hires 3 for APAC Team

By | October 14th, 2022|Uncategorized|Comments Off on People Moves: NFP Hires Pelaez for Mgmt and Professional Liability in Canada; Miller Names AGCS’ Hooker as APAC Head of Energy; Liberty GTS Hires 3 for APAC Team

This edition of International People Moves details appointments at NFP, Miller and Liberty Global Transaction Solutions A summary of these new hires follows here. NFP Hires Pelaez for Management and Professional Liability Team in Canada NFP, the property and casualty …

14 10, 2022

2 More Defendants Plead Guilty in New Orleans Staged Auto Collision Scheme

By | October 14th, 2022|Uncategorized|Comments Off on 2 More Defendants Plead Guilty in New Orleans Staged Auto Collision Scheme

United States Attorney Duane A. Evans announced that Herbert Allen, age 37, and Dion Ridley, age 23, agreed to plead guilty to count one (1) of their indictment, charging Conspiracy to Commit Mail Fraud in violation of Title 18, United …

14 10, 2022

Snap Employee Data Exposed After Breach at Document Company Elevate

By | October 14th, 2022|Uncategorized|Comments Off on Snap Employee Data Exposed After Breach at Document Company Elevate

Ephemeral messaging app Snap had employee data exposed by a breach at a third-party document analysis firm, according to a document reviewed by Reuters on Thursday. Snap, developer of Snapchat, said it had been told by document analysis company Elevate …

11 10, 2022

Information Expected to Emerge Slowly in Hospital Chain Cyberattack

By | October 11th, 2022|Uncategorized|Comments Off on Information Expected to Emerge Slowly in Hospital Chain Cyberattack

Details of an apparent cyberattack on one of the largest health systems in the U.S. were slow to emerge as security experts on Oct. 7 warned that it often takes time to assess the full impact on patients and hospitals. …

11 10, 2022

Crews Battling Paper Mill Fire in Michigan’s Upper Peninsula

By | October 11th, 2022|Uncategorized|Comments Off on Crews Battling Paper Mill Fire in Michigan’s Upper Peninsula

Crews from several fire departments were still battling a fire Monday that broke out late last week at a paper mill in Michigan’s Upper Peninsula. A spokesman for Resolute Forest Products said the fire, which was producing a dense cloud …

11 10, 2022

Lloyd’s Finds No Evidence of Data Compromise From Cyber Attack

By | October 11th, 2022|Uncategorized|Comments Off on Lloyd’s Finds No Evidence of Data Compromise From Cyber Attack

Lloyd’s of London said on Monday that its investigation into a possible cyberattack had found no evidence of data compromise. “The investigation has concluded that no evidence of any compromise was found and as such Lloyd’s has been advised that …