10 05, 2024

People Moves: Aon Names Allen as Executive Managing Director of Capital Advisory; BMS Re Hires 6 for MGA Business ProLink Solutions

By | May 10th, 2024|Uncategorized|Comments Off on People Moves: Aon Names Allen as Executive Managing Director of Capital Advisory; BMS Re Hires 6 for MGA Business ProLink Solutions

This edition of International People Moves details appointments at Aon’s Capital Advisory function and BMS Re. A summary of these new hires follows here. Aon Names Allen as Executive Managing Director of Capital Advisory Insurance broker Aon plc announced that …

14 05, 2024

UAW Faces Key Test in the South With Upcoming Vote at Alabama Mercedes Plant

By | May 14th, 2024|Uncategorized|Comments Off on UAW Faces Key Test in the South With Upcoming Vote at Alabama Mercedes Plant

TUSCALOOSA, Ala. (AP) — After 20 years at the Mercedes-Benz factory in Alabama, Brett Garrard said he is “not falling for the lies anymore” and will vote for a union. The company has repeatedly promised to improve pay and conditions, …

13 05, 2024

Hackers Behind MGM Attack Targeting Financial Sector in New Campaign

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The hacking group accused of disrupting casinos and hotels at MGM Resorts International last year is engaged in a new campaign targeting banks and insurance companies, according to cybersecurity researchers. The group, known as Scattered Spider, has targeted 29 companies …

15 05, 2024

Markets/Coverages: Coalition Enters Excess Cyber Insurance Market in Australia

By | May 15th, 2024|Uncategorized|Comments Off on Markets/Coverages: Coalition Enters Excess Cyber Insurance Market in Australia

Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, announced it entered the excess cyber insurance market in Australia, enabling businesses to add a layer of risk management to their cyber towers. Australian brokers can now sell coverage …

14 05, 2024

FTC Noncompete Agreement Ban May Not Survive Courts but Some States Could Adopt

By | May 14th, 2024|Uncategorized|Comments Off on FTC Noncompete Agreement Ban May Not Survive Courts but Some States Could Adopt

The Federal Trade Commission’s recently approved ban on noncompete agreements likely won’t survive court challenges, but that doesn’t mean the ban won’t become a model for a number of state legislatures to follow in coming months. “We don’t see it …

15 05, 2024

EU Finalizes Investment Fund Labels to Combat Greenwashing

By | May 15th, 2024|Uncategorized|Comments Off on EU Finalizes Investment Fund Labels to Combat Greenwashing

The European Union’s securities watchdog confirmed on Tuesday final guidelines on when investment funds can label themselves as being “sustainable” without being accused of greenwashing. Trillions of dollars globally have flowed into investments that promote their green attractions, but regulators …

13 05, 2024

Supreme Court Rules Against Warner Music in Copyright Damages Case

By | May 13th, 2024|Uncategorized|Comments Off on Supreme Court Rules Against Warner Music in Copyright Damages Case

The U.S. Supreme Court on Thursday ruled in favor of a Miami music producer in a legal fight with Warner Music over a song by rapper Flo Rida, finding that there is no time limit for recovering monetary damages in …

15 05, 2024

Markets/Coverages: CFC Partners With Online Quoting Platform Tarmika

By | May 15th, 2024|Uncategorized|Comments Off on Markets/Coverages: CFC Partners With Online Quoting Platform Tarmika

Specialty insurer CFC said it will be offering its admitted cyber insurance solution on Tarmika, an online quoting platform for independent agents. CFC enables agents to instantly quote and bind cyber insurance directly on the Tarmika platform, making it even …

10 05, 2024

UKMTO Reports Hijacking Attempt of Vessel East of Yemen’s Aden

By | May 10th, 2024|Uncategorized|Comments Off on UKMTO Reports Hijacking Attempt of Vessel East of Yemen’s Aden

The United Kingdom Maritime Trade Operations (UKMTO) organization said on Friday it had received a report of a failed hijacking attempt of a vessel 195 nautical miles east of Yemen’s Aden. The vessel’s master reported being approached by a small …

14 05, 2024

Tesla Settles Factory Worker’s Sexual Harassment Lawsuit

By | May 14th, 2024|Uncategorized|Comments Off on Tesla Settles Factory Worker’s Sexual Harassment Lawsuit

Tesla has settled a lawsuit by a former factory employee who says she was fired for complaining about severe sexual harassment, as the electric carmaker faces a series of sex and race discrimination lawsuits. U.S. District Judge William Orrick in …