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18 03, 2021

Illinois Court: Suit Against MLB over Wrigley Field Foul Ball Injury Can Proceed

By | March 18th, 2021|Uncategorized|Comments Off on Illinois Court: Suit Against MLB over Wrigley Field Foul Ball Injury Can Proceed

An Illinois appellate court has ruled a woman struck by a foul ball at Wrigley Field can move ahead with a lawsuit she filed against Major League Baseball. In upholding a lower court ruling, the appellate court said the plaintiff …

18 03, 2021

More Fallout from February Blackouts: Last Texas Power Regulator Resigns

By | March 18th, 2021|Uncategorized|Comments Off on More Fallout from February Blackouts: Last Texas Power Regulator Resigns

The last Texas regulator on the Public Utility Commission at the time of the deadly February blackouts has resigned, Gov. Greg Abbott announced. In a statement issued on March 16, Abbott said he had asked for and accepted the resignation …

18 03, 2021

Applied Underwriters Acquires Florida Casualty Insurance Co.

By | March 18th, 2021|Uncategorized|Comments Off on Applied Underwriters Acquires Florida Casualty Insurance Co.

Florida Casualty Insurance Co. (FCIC), formerly Ashmere Insurance Co., has been acquired by Applied Underwriters and will become part of Applied’s national and international development plan. The newly re-branded, Ft. Lauderdale-based insurer, licensed in 41 states, will carry North American …

18 03, 2021

North Carolina Man Charged with Insurance Fraud in Wreck Scheme

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A North Carolina man was arrested in connection with an insurance fraud scheme involving roadside cleanup after a car crash, insurance officials said. A news release from the Department of Insurance said Garrett Scarlette, 26, of Thomasville, was charged with …

18 03, 2021

Chubb Explores Acquisition of $22 Billion Rival Hartford: Bloomberg

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Chubb Ltd., the global insurer led by Evan Greenberg, is exploring an acquisition of Hartford Financial Services Group Inc. in what could be one of the industry’s biggest deals in years, people familiar with the matter said. The New York-listed …

18 03, 2021

Commodity Futures Trading Commission Unit to Look at Derivitaves and Climate-Related Hazards

By | March 18th, 2021|Uncategorized|Comments Off on Commodity Futures Trading Commission Unit to Look at Derivitaves and Climate-Related Hazards

The Connecticut Legislature’s Insurance & Real Estate Committee held a public hearing this week on what is believed the country’s first bill requiring insurance companies to disclose the premiums they receive from fossil fuels. The bill, Senate Bill 1047, could …

16 03, 2021

Hundreds of Flights Canceled During China’s Worst Sandstorm in Decade

By | March 16th, 2021|Uncategorized|Comments Off on Hundreds of Flights Canceled During China’s Worst Sandstorm in Decade

BEIJING – China’s capital and a wide swath of the country’s north were enveloped Monday in the worst sandstorm in a decade, leading to the cancellation of hundreds of flights. Skyscrapers in the center of Beijing appeared to drop from …

16 03, 2021

Credit Suisse Risk Officer Discovered Greensill’s Insurance Would Expire in February

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ZURICH – Credit Suisse’s Chief Risk and Compliance Officer Lara Warner was not aware until late February that insurance related to British finance firm Greensill could expire on March 1, a spokeswoman said on Tuesday. “Contrary to certain reports, the …

16 03, 2021

Insurance Industry Groups Join Forces to Help Career-Break Women Return to Work

By | March 16th, 2021|Uncategorized|Comments Off on Insurance Industry Groups Join Forces to Help Career-Break Women Return to Work

Nine leading insurance industry businesses announced the creation of a program in the UK that will enable “career-break” professionals to return to work. The program will enable participating firms to tap into the “forgotten army” of experienced women who are …

16 03, 2021

Marsh & McLennan Drops &

By | March 16th, 2021|Uncategorized|Comments Off on Marsh & McLennan Drops &

In what the company acknowledges is a small branding change, professional services and insurance firm Marsh & McLennan has dropped the ampersand to become Marsh McLennan. The company says the change is meant to emphasize that Marsh McLennan is a …