News Archives - Insurance Journal

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6 06, 2024

CNA’s Worman to Take CEO Reins From Robusto in 2025

By | June 6th, 2024|Uncategorized|Comments Off on CNA’s Worman to Take CEO Reins From Robusto in 2025

CNA Financial Corp. said it is promoting Doug Worman, currently executive vice president and global head of underwriting, to president and chief executive officer starting in 2025. Current CEO Dino E. Robusto will transition to a role of executive chairman …

6 06, 2024

Buffett’s NetJets Sues Pilots’ Union for Defamation

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NetJets, the luxury plane unit of billionaire Warren Buffett’s Berkshire Hathaway Inc, sued its 3,400-member pilots union for defamation over statements about its commitment to safety and training pilots. The lawsuit filed on Monday in a state court in Columbus, …

6 06, 2024

Companies Need to Be Aware of Cyber Risks Related to Proliferation of IoT

By | June 6th, 2024|Uncategorized|Comments Off on Companies Need to Be Aware of Cyber Risks Related to Proliferation of IoT

The Internet of Things (IoT), which refers to the collection of internet-enabled devices such as wearables, industrial sensors and controls, and closed-circuit cameras, has revolutionized processes from pharmaceuticals storage to energy-usage monitoring. However, it has also created a wide array …

6 06, 2024

Crypto Exchange Binance Seeks to Slash Size of $13 Billion UK Lawsuit

By | June 6th, 2024|Uncategorized|Comments Off on Crypto Exchange Binance Seeks to Slash Size of $13 Billion UK Lawsuit

Crypto exchange Binance on Wednesday sought to throw out the vast majority of a London lawsuit worth up to 10 billion pounds ($12.8 billion) over claims it and other exchanges colluded to “delist” the Bitcoin Satoshi Vision (BSV) cryptocurrency. Binance …

6 06, 2024

Staff Warned Off Whistleblower Hotlines: Global Survey

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More than half of whistleblowers have felt pressured not to use internal hotlines to raise red flags at large global businesses and public bodies, a global EY survey showed. The number of organizations without a whistleblowing hotline has halved since …

6 06, 2024

World Hits Streak of Record Temperatures as UN Warns of ‘Climate Hell’

By | June 6th, 2024|Uncategorized|Comments Off on World Hits Streak of Record Temperatures as UN Warns of ‘Climate Hell’

Each of the past 12 months ranked as the warmest on record in year-on-year comparisons, the EU’s climate change monitoring service said on Wednesday, as U.N. Secretary-General António Guterres called for urgent action to avert “climate hell.” The average global …

6 06, 2024

Hack That Crippled UK Hospitals Highlights Growing Threat to NHS

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In June of last year, a Russian cybercrime gang called BlackCat hacked the Barts Health NHS Trust, a part of the UK’s National Health Service that operates several hospitals in London, and published some of it online in an extortion …

6 06, 2024

Lloyd’s Opening Miami Office to Support Growth in Latin America and Caribbean

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Lloyd’s, the re/insurance marketplace, is opening an office in Miami from Sept. 1, 2024, with an aim to strengthen its Latin America and Caribbean business. The new office will enable Lloyd’s to realign its resources to centrally support brokers, coverholders …

5 06, 2024

The Nitsche Group Announces Relocation of Round Rock Office

By | June 5th, 2024|Uncategorized|Comments Off on The Nitsche Group Announces Relocation of Round Rock Office

The Nitsche Group has announced the relocation of its Round Rock office. The office, previously at 893 North IH 35, Suite 120, Round Rock, is now located at 551 S. I-35 Frontage RD., Suite 320, Round Rock, TX, 78664, just …

5 06, 2024

MGA Alta Signa Launches in Switzerland

By | June 5th, 2024|Uncategorized|Comments Off on MGA Alta Signa Launches in Switzerland

Alta Signa Europe B.V., the European boutique managing general agent (MGA) and Lloyd’s coverholder, announced the opening of an office in Switzerland, marking a significant milestone in the company’s expansion strategy in the Germany, Austria and Switzerland (DACH) region. Based …