Insurance

European boutique managing general agent (MGA), Alta Signa Europe B.V., announced the launch of a new European marine underwriting business. The new unit will focus on core marine lines of business, backed by Alta Signa’s panel of insurance partners: Axeria …

Ukraine is working “intensively” with partners to restore air travel suspended for nearly two years, with the main focus on Boryspil International Airport outside the capital Kyiv, a presidential official said on Thursday. Ukraine’s airspace was abruptly closed by Russia’s …

The owner of a Michigan insurance agency has been charged with embezzling money from employees by misappropriating payroll deductions, announced Attorney General Dana Nessel. Nancy Caviston, 76, of Superior Charter Township, was arraigned Thursday on charges of embezzlement and wage …

TOPEKA, Kan. (AP) — The Kansas court system needs at least $2.6 million in additional funds to recover from an October cyberattack that prevented the electronic filing of documents and blocked online access to records for weeks, the state’s top …

A Spanish court has ruled a former Facebook moderator’s mental health was damaged by his work reviewing graphic content such as beheadings, in a case that could have implications for how social media firms work with moderators. The Barcelona court, …

Zurich North America names Chai Chief Risk Officer Zurich North America appointed Ann Chai as chief risk officer. She is based in Zurich North America’s Schaumburg, Ill., headquarters. Chai, who previously served as head of finance for U.S. Middle Market …

The Greenland ice sheet, an expanse of frozen water about three times the size of Texas, is disappearing much faster than previously thought, according to new research, and the difference may already be affecting the distribution of heat around the …

Carbon dioxide emissions are on track for one of the biggest increases on record this year, pushing the planet closer to catastrophic climate change. That jump is the result human-induced pollution, plus the El Niño weather pattern, which weakens the …

Brokerage Hub International announced Jan 18 that it is today the launch of the HUB Property Practice. Blake Giannisis, who recently joined Chicago-based HUB as executive vice president, will serve as North American property practice leader and will lead the …

Not all analysts think an underwriting profit is out of reach for 2024. While a recent forecast from Fitch Ratings puts the 2024 combined ratio above 100, an improvement from 2023, a report by Swiss Re Institute projects both 2024 …