Cincinnati, Ohio-based Core Specialty Insurance Holdings Inc. and its subsidiaries (Core Specialty) hired William (Bill) R. Fischer to lead its newly formed Agriculture Reinsurance Division. Fischer is a 25-year veteran of the crop reinsurance business and is well-respected as a …
More than 100 banks, exchanges, insurers and other financial firms worldwide were targets of the same type of cyber attack that crippled the New Zealand Stock Exchange in August, though they didn’t suffer the same extent of damage. Most companies …
Rescue workers continue to battle mountains of slush and debris at a hydropower construction site in north India that was damaged by flash floods that have killed at least 11 people. The rescue team of Indo-Tibetan Border Police is working …
Third Point Reinsurance Ltd., a Bermuda-based specialty reinsurer, announced it has made three senior hires to strengthen its existing leadership team, ahead of the company’s anticipated merger transaction with Sirius International Insurance Group Ltd., to form SiriusPoint Ltd. Tim Mardon …
CD Projekt has been hit by a cyber attack, which compromised some of its internal systems including the source code to its flagship Cyberpunk 2077 game, dealing another blow for the Polish video game maker. “An unidentified actor gained unauthorized …
Learning Technologies Group plc (LTG), the London-based provider of services and software for digital learning and talent management, has acquired PDT Global, a leading provider of online diversity and inclusion solutions. PDT (The People Development Team) Global is a diversity …
In the first nine months of 2020, net income for the U.S. property/casualty insurance industry dropped 27.5% to $35.1 billion and net underwriting gains declined to $0.3 billion, from $5.4 billion a year earlier as the industry dealt with the …
A New York man has pleaded guilty to insurance fraud after being involved in a hit-and-run incident with a parked car in Hoboken, New Jersey. On Wednesday, February 3, 2021, Richard Hamedl of West New York pleaded guilty to one …
A fire that started in a snowmobile spread to a 111-year-old covered bridge, collapsing the structure into the Missisquoi River in the town of Troy, police said. The fire was reported around 11 a.m. Saturday after a group of snowmobilers …
A major snowstorm pushed through the Northeastern United States on Sunday, less than a week after a storm dumped more than two feet on parts of the region. By early evening, snow totals had reached 8 to 11 inches from …