14 01, 2021

Brokerslink Expands Global Network with Brokers in Europe, Asia-Pacific and Africa

By | January 14th, 2021|Uncategorized|Comments Off on Brokerslink Expands Global Network with Brokers in Europe, Asia-Pacific and Africa

Global broking business, Brokerslink, starts 2021 with the continued the expansion of its global network and the addition of independent broker JDB in North Macedonia. Trading since 2009, JDB is a growing broker with a sharp focus on customer service …

13 01, 2021

Marine Insurers Set to Raise Rates After Red Sea Attacks on Merchant Ships

By | January 13th, 2021|Uncategorized|Comments Off on Marine Insurers Set to Raise Rates After Red Sea Attacks on Merchant Ships

LONDON – Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea after a series of incidents that have hit vessels around Saudi Arabian waters, industry sources said. The possibility of more attacks …

13 01, 2021

U.S. Threatens Sanctions on European Firms Including Insurers Over Russia’s Nord Stream

By | January 13th, 2021|Uncategorized|Comments Off on U.S. Threatens Sanctions on European Firms Including Insurers Over Russia’s Nord Stream

The U.S. State Department this month told European companies which it suspects are helping to build Russia’s Nord Stream 2 gas pipeline that they face the risk of sanctions as the outgoing Trump administration prepares a final round of punitive …

13 01, 2021

W.R. Berkley Sells Manhattan Real Estate Investment Property

By | January 13th, 2021|Uncategorized|Comments Off on W.R. Berkley Sells Manhattan Real Estate Investment Property

W.R. Berkley Corp. sold off one of its real estate investments – a New York City office complex – at the end of 2020. The sale generated a $105 million pre-tax net gain, according to the commercial lines specialty insurer …

13 01, 2021

British Airways Faces Major UK Class-Action Lawsuit After 2018 Data Breach

By | January 13th, 2021|Uncategorized|Comments Off on British Airways Faces Major UK Class-Action Lawsuit After 2018 Data Breach

British Airways Plc faces the largest privacy class-action lawsuit in UK history over its 2018 customer data breach. More than 16,000 victims have now joined a case seeking compensation from the airline. They could claim 2,000 pounds ($2,724) each, according …

13 01, 2021

COVID-19 Highlights Need for Protections for Millions of Homeworkers

By | January 13th, 2021|Uncategorized|Comments Off on COVID-19 Highlights Need for Protections for Millions of Homeworkers

The dramatic global shift to remote working during COVID-19 lockdowns has underscored an urgent need for greater protections for homeworkers, many of whom are paid far less than those employed outside the home, the United Nations said on Wednesday. About …

13 01, 2021

RenaissanceRe Creates Environmental, Social and Governance (ESG) Strategic Areas

By | January 13th, 2021|Uncategorized|Comments Off on RenaissanceRe Creates Environmental, Social and Governance (ESG) Strategic Areas

RenaissanceRe Holdings Ltd. has announced three strategic focus areas as part of its Environmental, Social and Governance (ESG) strategy: Promoting Climate Resilience; Closing the Protection Gap; and Inducing Positive Societal Change. More information can be found on RenaissanceRe’s new ESG …

13 01, 2021

USG Insurance Services Promotes Faust to Senior VP, Canonsburg Branch Manager

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USG Insurance Services Inc., a national wholesaler and managing general agency, has promoted Becca Faust to senior vice president and branch manager in the Canonsburg, Penn., office. Faust joined USG in 2014 as production assistant and climbed through the ranks …

13 01, 2021

Maine Fishing Boat Owner Says Its Not at Fault for Sinking

By | January 13th, 2021|Uncategorized|Comments Off on Maine Fishing Boat Owner Says Its Not at Fault for Sinking

The owner of a Maine boat carrying four fishermen that sank off Cape Cod last fall has asked a court to declare it is not at fault. The owner of the 82-foot Emmy Rose wants a Maine federal court judge …

13 01, 2021

U.S. Automated Vehicles Testing Program Expands to 52 Participants

By | January 13th, 2021|Uncategorized|Comments Off on U.S. Automated Vehicles Testing Program Expands to 52 Participants

The federal government’s program working with states and developers of automated vehicles has grown from a pilot operation to one with 52 participants. Participants in the National Highway Traffic Safety Administration’s AV TEST program use an online tracking tool to …