News Archives - Insurance Journal

/News Archives - Insurance Journal

About News Archives - Insurance Journal

This author has not yet filled in any details.
So far News Archives - Insurance Journal has created 6090 blog entries.
9 03, 2022

Britain Unveils New Aviation Sanctions Against Russia

By | March 9th, 2022|Uncategorized|Comments Off on Britain Unveils New Aviation Sanctions Against Russia

Britain unveiled on Wednesday new aviation sanctions giving it the power to detain any Russian aircraft and banning exports of aviation or space-related goods to Russia. Britain will also strengthen its ban on Russian aircraft, making it a criminal offense …

9 03, 2022

London’s Marine Insurers Widen High-Risk Shipping Areas as Ukraine Conflict Escalates

By | March 9th, 2022|Uncategorized|Comments Off on London’s Marine Insurers Widen High-Risk Shipping Areas as Ukraine Conflict Escalates

London’s marine insurance market has widened the area of waters around the Black Sea and Sea of Azov that it deems high risk as Russia’s invasion of Ukraine intensifies and perils to merchant shipping grow. The insurance industry’s Joint War …

9 03, 2022

Sanctions Against Russia ‘Manageable’ for UK Insurers, Banks: Regulator

By | March 9th, 2022|Uncategorized|Comments Off on Sanctions Against Russia ‘Manageable’ for UK Insurers, Banks: Regulator

Sanctions against Russia in response to its invasion of Ukraine are “manageable” for Britain’s insurers and wider financial sector, Bank of England Deputy Governor Sam Woods said on Tuesday. Britain is banning Russian companies from the multi-billion-dollar aviation and space …

9 03, 2022

Former Michigan Gov. Snyder Will Take 5th if Called to Testify in Water Trial

By | March 9th, 2022|Uncategorized|Comments Off on Former Michigan Gov. Snyder Will Take 5th if Called to Testify in Water Trial

Former Michigan Gov. Rick Snyder, who faces misdemeanor charges in the Flint water crisis, wants to avoid testifying in a civil trial involving engineering firms that are being sued over liability for lead-contaminated water. Snyder’s attorneys said he would invoke …

9 03, 2022

Texas Oil Pipeline Billionaire Sues Beto O’Rourke For Defamation

By | March 9th, 2022|Uncategorized|Comments Off on Texas Oil Pipeline Billionaire Sues Beto O’Rourke For Defamation

A Texas oil pipeline billionaire is suing Beto O’Rourke for defamation after the Democrat criticized his $1 million donation to Republican Gov. Greg Abbott’s campaign following last year’s deadly winter blackout. O’Rourke, who won the Democratic nomination for governor last …

9 03, 2022

Climate Change Is Making Australia a More Difficult Place to Live: Prime Minister

By | March 9th, 2022|Uncategorized|Comments Off on Climate Change Is Making Australia a More Difficult Place to Live: Prime Minister

Australia’s Prime Minister Scott Morrison conceded that a changing climate is making the country a more difficult place to live as he declared recent destructive flooding on the east coast a national emergency. Morrison spoke to reporters as he visited …

9 03, 2022

People Moves: WTW Hires MS Amlin’s Singh for Climate Analytics, Exposure Mgmt; Optio Names Hartford’s Robinson as MD; MS Amlin Taps Sirius’ O’Donnell as Property U/W

By | March 9th, 2022|Uncategorized|Comments Off on People Moves: WTW Hires MS Amlin’s Singh for Climate Analytics, Exposure Mgmt; Optio Names Hartford’s Robinson as MD; MS Amlin Taps Sirius’ O’Donnell as Property U/W

This edition of International People Moves details appointments at Willis Towers Watson, Optio Group and MS Amlin. A summary of these new hires follows here. WTW Hires MS Amlin’s Singh for Climate Analytics, Exposure Mgmt Insurance broker WTW announced it …

1 03, 2022

Families of Houston Residents Killed in Police Pursuits Press for Review of Officer Driver Training

By | March 1st, 2022|Uncategorized|Comments Off on Families of Houston Residents Killed in Police Pursuits Press for Review of Officer Driver Training

The families of two Houston residents killed in a series of recent traffic accidents involving local law enforcement said Feb. 24 they believe their loved ones’ deaths are part of an ongoing problem with police pursuits and driver training for …

1 03, 2022

Oklahoma Insurance Dept.: Insurers Must Notify Policyholders of Triggering Events Upon Renewal

By | March 1st, 2022|Uncategorized|Comments Off on Oklahoma Insurance Dept.: Insurers Must Notify Policyholders of Triggering Events Upon Renewal

Oklahoma Insurance Commissioner Glen Mulready informed all property and casualty insurers authorized to do business in the state that upon renewal of an existing policy, each Oklahoma policyholder must receive notice stating any policy provision that has changed which eliminates …

2 03, 2022

Insured Losses From February’s Windstorms in Europe Could Reach €4.5 Billion: RMS

By | March 2nd, 2022|Uncategorized|Comments Off on Insured Losses From February’s Windstorms in Europe Could Reach €4.5 Billion: RMS

Insured losses from February’s windstorms Dudley and Eunice will likely fall between 3.0 and 4.5 billion Euro (US$3.4 and US$5.1 billion), with Germany accounting for around 40% of the total loss, according to risk modeling firm RMS. In addition to …