W. R. Berkley Corp. announced the appointment of David Brosnan as chief executive officer of W. R. Berkley Syndicate Management Ltd., the Lloyd’s managing agent for W. R. Berkley Syndicate 1967. He succeeds Alastair Blades, who will continue in his …
The Insurance Council of Australia (ICA) has declared a catastrophe for the Perth Hills bushfires which continue to burn north-east of Perth. Insurers have received more than 270 claims and estimated loss value is over A$40 million (US$30.5 million), this …
DUBLIN – Ireland’s High Court ruled on Friday that four publicans insured by FBD are entitled to be indemnified for losses under lockdown-linked claims, in a test case that could have implications over 1,000 similar contracts. Irish pubs have been …
The website of the New Zealand Stock Exchange slowed to a crawl on a Tuesday afternoon in August. It was so badly throttled that the exchange couldn’t post market announcements, as required by financial regulators. So with an hour left …
The effects of the COVID-19 pandemic will be felt by the insurance industry and its customers well into 2021 as consumers and businesses continue to face economic challenges, according to a new survey by consumer credit reporting firm TransUnion. Insurance …
Missouri senators on Feb. 3 advanced a bill that would shield hospitals, manufacturers and other businesses from lawsuits over alleged wrongdoing during the coronavirus pandemic. Senators gave the measure initial approval after hours of debate and negotiations. The bill would …
Worldwide electronics leader Foxconn Technology Group violated terms of its contract in Wisconsin, while local governments spent hundreds of millions of dollars to prepare for the project, a lawsuit filed by a real estate development company alleges. Hintz Real Estate …
Health officials are warning consumers in Illinois that they may have bought beef tainted with E. coli bacteria that was produced at a Nebraska plant last month. The U.S. Department of Agriculture’s Food Safety and Inspection Service said the affected …
Former licensed insurance agent Laura Lopez, 37, of Long Beach, Calif., was arraigned on one felony count of grand theft after allegedly collecting over $97,000 in insurance premiums from clients and pocketing the premiums. After receiving a complaint in February …
2020 wasn’t the bottom of the barrel in all regards – depending on how you look at it. The planet’s average surface temperature in 2020 tied with 2016 as the warmest year on record. An analysis by NASA’s Godard Institute …