The Rum Creek Fire in remote southwest Oregon has burned nearly 18.75 square miles is threatening thousands of homes and is only about 1% contained. As of Tuesday morning, the Northwest Interagency Coordination Center said 5,035 homes and more than …
One day after a judge set a new trial date for former Carolina insurance executive Greg Lindberg’s bribery case, the U.S. Securities and Exchange Commission charged that Lindberg and an associate had defrauded clients out of $75 million by using …
In Mississippi’s capital, thousands of residents have no running water, after river flooding contributed to longstanding problems at the city’s water treatment facilities. Emergency officials on Tuesday were distributing bottled water to residents, a local university was using temporary restrooms …
Everest Insurance Division Announces Key Leadership Appointments Everest Insurance, the Insurance division of Everest Re Group, Ltd., has announced key appointments in its U.S. Wholesale division. Casey Hartley has been named senior vice president and head of U.S. wholesale casualty. …
The natural catastrophe business of global reinsurers has been reshaped by five years of higher-than-expected losses, which is leading reinsurers to adopt divergent strategies – either diving in to write more business at higher premiums or reducing their exposure, according …
Severe storms that brought damaging winds, heavy rains and flash flooding to parts of the Midwest and the South were blamed for the deaths of three people, including two children in Michigan and Arkansas as well as a woman in …
This edition of International People Moves details appointments at TigerRisk, Gallagher Re and BMS Re. A summary of these new hires follows here. TigerRisk Hires Aon’s Rosenberg for ILS Team TigerRisk Partners LLC, the Stamford, Conn.-based re/insurance broker, announced the …
While media organizations depend on their reporters’ abilities to expose issues of public concern, a journalist at the Killeen Daily Herald found themselves out of a job when they complained to the newspaper’s management that they believed fleas had infested …
Exxon Mobil Corp. took the first step toward filing a lawsuit against Russia after Vladimir Putin blocked the oil major from exiting its only remaining operation in the country. Exxon has been trying to exit the Sakhalin-1 project in the …
A county judge improperly took sides when he threw out expert testimony and dismissed a medical malpractice case, Maryland’s high court ruled last week. The Maryland Court of Appeals revived a lawsuit filed by a patient who says she lost …