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21 08, 2023

Private Flood Insurers See Opportunity as NFIP Increases Rates

By | August 21st, 2023|Uncategorized|Comments Off on Private Flood Insurers See Opportunity as NFIP Increases Rates

While the National Flood Insurance Program (NFIP) rolls out a new rating program generating premium increases for many policyholders, the private flood insurance market has seized the opportunity to grow its market share across the U.S., according to an issues …

21 08, 2023

US Insurance Giant Marsh Set for $448 Million Honan Deal

By | August 21st, 2023|Uncategorized|Comments Off on US Insurance Giant Marsh Set for $448 Million Honan Deal

Marsh has agreed to acquire Honan Insurance Group Pty Ltd. as the US insurance broker giant seeks to expand its presence in Australia and New Zealand. The Marsh & McLennan Cos Inc. unit has signed a deal to buy out …

21 08, 2023

Ukraine Weighs Using New Black Sea Export Corridor for Grain Shipments

By | August 21st, 2023|Uncategorized|Comments Off on Ukraine Weighs Using New Black Sea Export Corridor for Grain Shipments

Ukraine is considering using its newly tested wartime Black Sea export corridor for grain shipments after other cargo ships follow the first successful evacuation of a vessel on the route last week, a senior agricultural official said on Monday. Russia …

21 08, 2023

Firefighters Curb Blazes Threatening 2 Canada Cities With More Hot Weather Expected

By | August 21st, 2023|Uncategorized|Comments Off on Firefighters Curb Blazes Threatening 2 Canada Cities With More Hot Weather Expected

Firefighters kept wildfires at bay near the capital of Canada`s Northwest Territories as well as a threatened city in British Columbia, though no one claimed victory as forecasters warned that drier and windier weather was coming. For Saturday at least, …

18 08, 2023

Rate Hikes Not Bringing Profit to US Auto Insurers: Fitch

By | August 18th, 2023|Uncategorized|Comments Off on Rate Hikes Not Bringing Profit to US Auto Insurers: Fitch

Jumps in rates and written premiums did little to move the needle on underwriting profits for U.S. personal auto insurers, Fitch Ratings reported based on a recent review of midyear results of nine big market players. Profitability challenges in the …

18 08, 2023

Philadelphia Police Change Account of Shooting of Driver After Viewing Video

By | August 18th, 2023|Uncategorized|Comments Off on Philadelphia Police Change Account of Shooting of Driver After Viewing Video

Police have changed their account of a fatal shooting by a Philadelphia officer earlier this week, acknowledging that the person was shot inside the car rather than outside and no longer saying that he fled a traffic stop and later …

18 08, 2023

Ex-Trump Administration Officials Target Corporate Diversity Efforts

By | August 18th, 2023|Uncategorized|Comments Off on Ex-Trump Administration Officials Target Corporate Diversity Efforts

Activision Blizzard Inc and Kellogg Co have joined a growing list of major U.S. companies to face claims from a group founded by former Trump administration officials that efforts to diversify their workforces amount to illegal discrimination. America First Legal …

18 08, 2023

Allianz Aims to Raise $1.6 Billion for Global Private Credit Fund

By | August 18th, 2023|Uncategorized|Comments Off on Allianz Aims to Raise $1.6 Billion for Global Private Credit Fund

Allianz Global Investors, the insurance company’s money management division, is pushing ahead with plans to raise at least 1.5 billion euros ($1.63 billion) for a new global private credit fund, a spokesperson said, as investors boost exposure to the asset …

18 08, 2023

Buffalo Shooting Lawsuits Claim Social Media, Gun Firms, Parents Enabled Killer

By | August 18th, 2023|Uncategorized|Comments Off on Buffalo Shooting Lawsuits Claim Social Media, Gun Firms, Parents Enabled Killer

YouTube, Reddit and a body armor manufacturer were among the businesses that helped enable the gunman who killed 10 Black people in a racist attack at a Buffalo, New York, supermarket, according to a pair of lawsuits announced Wednesday. The …

18 08, 2023

NC Legislators Give Final OK to Bill Curbing Appointment Powers of Governor

By | August 18th, 2023|Uncategorized|Comments Off on NC Legislators Give Final OK to Bill Curbing Appointment Powers of Governor

RALEIGH, N.C. (AP) — North Carolina Republican legislative leaders finalized on Wednesday their efforts to curb the appointment powers of the governor on several boards and commissions, extending a yearslong struggle with Democrat Roy Cooper over who controls key panels …