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28 03, 2025

Italian Fund Managers Add to Uncertainty in Generali Board Tussle

By | March 28th, 2025|Uncategorized|Comments Off on Italian Fund Managers Add to Uncertainty in Generali Board Tussle

A group of Italian fund managers said on Friday it would put forward four candidates for the new board of Generali, adding to uncertainty over the outcome of a key shareholder vote at the country’s biggest insurer. A shareholder clash …

28 03, 2025

South Korea Contains Main Blazes in Week-Old Forest Fires

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South Korean authorities have contained the main blazes in the country’s largest forest fire on record, a minister said on Friday, as rain and better weather allowed more helicopters to fly and dump water, dousing the flames. Spread by strong …

28 03, 2025

Rate Reductions Begin to Fade for D&O Buyers: Lockton

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Broker Lockton early this week issued its outlook of the mostly buyer-friendly U.S. property/casualty market with eye on potential changes in directors and officers liability. The latest edition of the Lockton Market Update noted public and private D&O insurance buyers …

28 03, 2025

Myanmar Junta Asks for Aid as Death Toll From Massive Quake Nears 150

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Myanmar’s military leader requested international aid on Friday to help deal with the aftermath of a massive earthquake that they said has left at least 144 people dead. The quake on Friday measured 7.7 in magnitude, according to the US …

28 03, 2025

15% of WR Berkely Shares to Be Acquired by Mitsui Sumitomo Insurance

By | March 28th, 2025|Uncategorized|Comments Off on 15% of WR Berkely Shares to Be Acquired by Mitsui Sumitomo Insurance

W.R. Berkely Corp. said Friday that Japanese property/casualty insurer Mitsui Sumitomo Insurance Co. will buy a 15% stake in the company through open market purchases or private transactions with third parties. W.R. Berkely said the Berkely family will not be …

28 03, 2025

Nevada Man Charged in Connection with Violent Tesla Arson in Las Vegas

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A Las Vegas resident appeared in U.S. District Court in Las Vegas, Nevada, to face federal charges related to an arson at a Tesla collision business. Paul Hyon Kim, 36, was charged by criminal complaint with one count of unlawful …

28 03, 2025

SEC Beginning to Onboard DOGE Staff, Email Says

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The U.S. Securities and Exchange Commission is beginning to onboard officials with billionaire Elon Musk’s Department of Government Efficiency, according to an email sent on Friday to department staff. SEC staff were informed that the DOGE task force had contacted …

28 03, 2025

Texas Investigating Medicaid Insurer Accused of Spying on Citizens

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Texas Attorney General Ken Paxton announced Thursday that he has launched an investigation into one of the state’s Medicaid insurance providers after allegations that the company illegally spied on Texans. The state is investigating Superior HealthPlan, an insurance company that …

28 03, 2025

Weather Service Merges Units as Staffing Pressure Rises

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The US National Weather Service will merge two of its largest forecasting units as it prepares for the loss of as many as 1,000 staffers. Employees were encouraged to take early retirements asa handful of consolidations were announced during an …

28 03, 2025

RYZE Claim Solutions Acquires Texas’ Leading Edge

By | March 28th, 2025|Uncategorized|Comments Off on RYZE Claim Solutions Acquires Texas’ Leading Edge

RYZE Claim Solutions, a full-service claims management company, announced the acquisition of Leading Edge Claims Service, a firm based in Southlake, Texas. This strategic move further strengthens RYZE’s position in the industry, reinforcing its long-term vision for the continued expansion …