Insurance

Howden, the London-based global insurance group, announced an insurance facility that covers the leakage of carbon dioxide (CO2) from commercial-scale carbon capture and storage (CCS) facilities. The insurance facility, designed by Howden and led by SCOR’s syndicate at Lloyd’s, provides …

BevCap Management, a provider of risk management solutions, announced the promotion of Matthew Bossier, ARM to the position of President, Property & Casualty. In his new role, Bossier will be responsible for leading and overseeing the strategic direction of the …

When the COVID-19 virus spread across the country three years ago, dozens of state legislatures approved statutes that granted health care providers immunity from legal actions brought by people who claimed to have been injured by COVID treatments. “Absent wanton, …

When disaster hits in the US, the federal government gives aid to states and counties, but also to individuals. In 2022, the Federal Emergency Management Agency delivered $3.25 billion to nearly 1.4 million households recovering from damaging floods and fires. …

It’s the final two days to take this year’s Agency Salary Survey. ALL retail agency owners, principals, producers, CSRs — the entire agency — should participate and be a part of the industry’s favorite salary survey. The survey takes about …

The White House artificial intelligence council is meeting Monday, three months after President Joe Biden signed an executive order that aims to reduce the risks AI poses. White House Deputy Chief of Staff Bruce Reed, who will convene the council …

Broker WTW said it has launched a cyber solution specifically for business with annual revenue under $50 million, including startups and pre-revenue accounts. This tailored solution for small- and medium-sized enterprises (SME) is meant to address challenges faces by these …

Seattle has agreed to pay $10 million to 50 demonstrators who sued over the police department’s heavy-handed response to racial justice protests in 2020, in a settlement announced by attorneys from both sides. The protesters were among tens of thousands …

An Oregon jury awarded $85 million to nine victims of wildfires that ravaged the state in 2020, the latest verdict in a series of legal proceedings that are expected to put the utility PacifiCorp on the hook for billions of …

Howden, the London-based global insurance group, announced it has bolstered its risk management capabilities in the UK through the acquisition of AHR Consultants, a leading provider of HR, employment law, training and health & safety services. Financial details of the …