Here is what AM Best, Fitch Ratings and CyberCube think about the recent ransomware attack that shut down Colonial Pipeline: AM Best: Spotlight on Cyber Insurance The ransomware attack on one of the largest pipelines in the United States highlights …
The North Dakota Supreme Court has ordered a new civil trial for a driver who caused a Bismarck expressway crash that killed two women, injured a third and produced a jury award of more than $1 billion in damages. The …
Nearly 800 residents of French Island plan to sue the city of La Crosse, Wisconsin, stemming from contamination of private drinking water wells from chemicals known as PFAS, a move that could expose the city to up to more than …
Denis Kessler, SCOR’s chairman and chief executive officer, has decided to step down, for personal reasons, from his role as CEO at the end of his current term of office, which will expire at the reinsurer’s general meeting on June …
CFC has enhanced its transaction liability services with the launch of a new product designed to support North American buyers purchasing a UK or European target business. CFC’s transatlantic suite of transaction liability insurance products can bridge the gap between …
A federal judge has dismissed a civil lawsuit a fitness gym filed against a Mississippi city claiming the city violated business owners’ rights when it forced non-essential businesses to close to help mitigate the spread of COVID-19. Republican Gov. Tate …
HX, the data, digital and analytics division of Howden Group Holdings, announced it has established HX Asia, which enables it to deploy its data, analytics and technology capabilities directly to clients and carriers in the Asian market. HX Asia will …
Asta, the third-party managing agent at Lloyd’s, announced it has received “in principle” approval from the Lloyd’s Council for the transition of the Medical Protection Society’s (MPS) Special Purpose Arrangement (SPA) 1892 to a full syndicate, effective Jan. 1, 2022. …
The warming Arctic tundra will make it harder for the world to curb climate change, as thawing permafrost and wildfires release greenhouse gases that are not fully accounted for in global emissions agreements, a study said on Monday. As temperatures …
A cyclone barreling through India’s west coast sank a barge hired by state-run explorer Oil & Natural Gas Corp. prompting a massive operation to rescue 96 people missing from the vessel. “Long-range maritime surveillance aircraft were assisting the rescue effort …