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 4718 blog entries.
14 06, 2024

On a Warming Planet, Outdoor Concerts Need a New Safety Playbook

By | June 14th, 2024|Uncategorized|Comments Off on On a Warming Planet, Outdoor Concerts Need a New Safety Playbook

Just before Ana Clara Benevides lost consciousness, she likely found it hard to breathe. Packed with 60,000 people in Rio de Janeiro’s Nilton Santos Stadium for a Nov. 17 Taylor Swift concert — amidst a heat wave with a “real …

14 06, 2024

Evergrande Liquidation Law Firm Probes PwC, Others to Recoup Creditor Losses: Sources

By | June 14th, 2024|Uncategorized|Comments Off on Evergrande Liquidation Law Firm Probes PwC, Others to Recoup Creditor Losses: Sources

Lawyers appointed by the liquidators of China Evergrande Group 3333.HK are investigating some of the property developer’s service providers including its former auditor PricewaterhouseCoopers, to potentially recoup losses for creditors, three sources said. Evergrande, once China’s largest property developer, was …

14 06, 2024

Mubadala Proposal to Sell Insurtech Startup Wefox Opposed by Founders

By | June 14th, 2024|Uncategorized|Comments Off on Mubadala Proposal to Sell Insurtech Startup Wefox Opposed by Founders

Mubadala Investment Co. has proposed selling troubled insurance tech startup Wefox Holding AG to UK insurance broker Ardonagh Group Ltd. in a deal opposed by the German firm’s founders. The Abu Dhabi sovereign wealth fund has told Wefox shareholders it …

14 06, 2024

Hurricane Season Ushered in With a Deluge in South Florida

By | June 14th, 2024|Uncategorized|Comments Off on Hurricane Season Ushered in With a Deluge in South Florida

Dangerous flooding from a tropical disturbance inundated much of southern Florida on Wednesday, blocking roads, floating vehicles and delaying the Florida Panthers on their way to Stanley Cup games in Canada against the Edmonton Oilers. The disorganized storm system was …

14 06, 2024

Insured Flood Losses in Germany Could Range From US$2.1B to US$3.2B: Moody’s RMS

By | June 14th, 2024|Uncategorized|Comments Off on Insured Flood Losses in Germany Could Range From US$2.1B to US$3.2B: Moody’s RMS

Insured losses from floods that hit Central Europe between Thursday, May 30 and Monday, June 3 in Germany will likely fall within the range of €2 billion to €3 billion (US$2.1 billion to US$3.2 billion), according to Moody’s RMS Event …

14 06, 2024

Singapore’s Income Insurance, Allianz in Talks on Potential Transaction

By | June 14th, 2024|Uncategorized|Comments Off on Singapore’s Income Insurance, Allianz in Talks on Potential Transaction

Singapore’s Income Insurance Ltd is in discussion with Allianz regarding a transaction relating to its shares in Income Insurance, it said in a statement on Friday. The company added in the statement that there is no assurance that any transaction …

14 06, 2024

Broker Clear Group Buys UK Credit Insurance Specialist Rycroft Associates

By | June 14th, 2024|Uncategorized|Comments Off on Broker Clear Group Buys UK Credit Insurance Specialist Rycroft Associates

The Clear Group, the London-based independent broker, announced it has acquired the book and assets of credit insurance broker Rycroft Associates LLP and its sister company and appointed representative, Inspire Credit Management Ltd., a delegated authority specialist. The company was …

14 06, 2024

42 States, J&J Finalize $700M Settlement Over Talc Marketing

By | June 14th, 2024|Uncategorized|Comments Off on 42 States, J&J Finalize $700M Settlement Over Talc Marketing

Attorneys general in 42 states said they finalized a $700 million settlement with Johnson & Johnson over the marketing of its talcum powder products. The settlement, announced in principle in January, resolves an investigation by the states and Washington D.C. …

14 06, 2024

Apple Accused in Lawsuit of Underpaying Female Workers in California

By | June 14th, 2024|Uncategorized|Comments Off on Apple Accused in Lawsuit of Underpaying Female Workers in California

Apple on Thursday was hit with a proposed class action accusing the tech giant of paying more than 12,000 female employees in California less than men with comparable jobs. The lawsuit filed in state court in San Francisco by two …

14 06, 2024

For Shrinking Mississippi River Towns, Frequent Floods Worsen Fortunes

By | June 14th, 2024|Uncategorized|Comments Off on For Shrinking Mississippi River Towns, Frequent Floods Worsen Fortunes

WEST ALTON, Mo. (AP) — Devastating flooding, driven in part by climate change, is taking an especially damaging toll on communities that once thrived along the banks of America’s most storied river. Flooding has pushed people out of their homes …