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7 04, 2025

Business Moves: Dutch Broker HW International Completes MBO; Jewelers Mutual Buys Australia’s Q Report; Ardonagh Advisory Buys UK Broker ALP Holdings

By | April 7th, 2025|Uncategorized|Comments Off on Business Moves: Dutch Broker HW International Completes MBO; Jewelers Mutual Buys Australia’s Q Report; Ardonagh Advisory Buys UK Broker ALP Holdings

Dutch Broker HW International Completes Management Buyout HW International BV (HWI BV), the privately held, Dutch insurance broker, has completed a management buyout with the backing of OBL Investments BV, a privately held company. Financial details of the MBO were …

7 04, 2025

Trump’s Tariff ‘Medicine’ Engulfs Markets, US Stocks in Spin After Talk of Pause

By | April 7th, 2025|Uncategorized|Comments Off on Trump’s Tariff ‘Medicine’ Engulfs Markets, US Stocks in Spin After Talk of Pause

resident Donald Trump’s sweeping tariff plans battered global markets again on Monday after he said foreign governments would have to pay “a lot of money” to get the levies removed, while U.S. stocks got a brief lift on hints of …

7 04, 2025

AccuWeather: Severe Storms in Central US Cause $80-90B in Damages, Economic Loss

By | April 7th, 2025|Uncategorized|Comments Off on AccuWeather: Severe Storms in Central US Cause $80-90B in Damages, Economic Loss

A multiday severe weather outbreak in the central U.S. caused an estimated $80 billion to $90 billion in total damage and economic loss, according to a preliminary estimate from AccuWeather. From April 2 to April 6, a rare weather system …

7 04, 2025

Minnesota Lawmakers Propose Auto Insurance Program for Low-Income Residents

By | April 7th, 2025|Uncategorized|Comments Off on Minnesota Lawmakers Propose Auto Insurance Program for Low-Income Residents

Minnesota lawmakers have introduced a bill that would establish a low-cost auto insurance program for low-income residents. HF 2215 would establish the Minnesota Lifeline Insurance Program, a state-sponsored, alternative auto insurance option for motorists who have a household adjusted gross …

7 04, 2025

Appeals Court Blocks Trump From Removing Democrats From Labor Boards

By | April 7th, 2025|Uncategorized|Comments Off on Appeals Court Blocks Trump From Removing Democrats From Labor Boards

A federal appeals court blocked U.S. President Donald Trump from removing Democratic members from two federal labor boards on Monday, setting aside its earlier ruling. The decision by the U.S. Court of Appeals for the District of Columbia Circuit further …

4 04, 2025

Generali to Comply With Government’s View on Natixis Deal, CEO Tells Newspaper

By | April 4th, 2025|Uncategorized|Comments Off on Generali to Comply With Government’s View on Natixis Deal, CEO Tells Newspaper

Italy’s biggest insurer Generali intends to heed advice from the government when Rome starts reviewing a planned asset management tie-up with France’s BPCE, CEO Philippe Donnet said in a newspaper interview on Friday. Generali in January signed a non-binding accord …

4 04, 2025

Hackers Target Australia’s Largest Pension Funds in Coordinated Attacks

By | April 4th, 2025|Uncategorized|Comments Off on Hackers Target Australia’s Largest Pension Funds in Coordinated Attacks

Hackers targeting Australia’s major pension funds in a series of coordinated attacks have stolen savings from some members at the biggest fund, according to a source with knowledge of the matter, and compromised more than 20,000 accounts. National Cyber Security …

4 04, 2025

UK Financial Services Industry Slow to Hire Women to Top Roles, Report Finds

By | April 4th, 2025|Uncategorized|Comments Off on UK Financial Services Industry Slow to Hire Women to Top Roles, Report Finds

Britain’s financial industry has made little progress in recruiting more women to top positions, a new report from the UK finance ministry said on Thursday, a pace of change the head of British insurer Aviva called “unacceptable.” Further progress may …

4 04, 2025

Leaked Files Raise Fears About Shell Oil Production Fleet, Years After Devastating Spill

By | April 4th, 2025|Uncategorized|Comments Off on Leaked Files Raise Fears About Shell Oil Production Fleet, Years After Devastating Spill

Off the coast of Nigeria, one of the world’s largest oil production ships, called the Bonga, was taking oil from a field on the ocean floor and transferring it to a tanker ship. Such transfers are routine in the offshore …

4 04, 2025

Markets/Coverages: Travelers Adds Enhanced Services for Cyber Liability; Willis AdWrap for Marketing and Ad Production

By | April 4th, 2025|Uncategorized|Comments Off on Markets/Coverages: Travelers Adds Enhanced Services for Cyber Liability; Willis AdWrap for Marketing and Ad Production

The Travelers Companies launched Travelers Cyber Risk Services, a suite of capabilities added to all cyber liability policies designed to help lower the risk of a cyberattack and the cost to recover from one. In addition to always-on threat monitoring …