Insurance
NBJ London Markets Rebranded as Verlingue London Markets; New Senior Execs Hired
Verlingue has launched Verlingue London Markets following the rebranding of specialist Lloyd’s and London market wholesale broker NBJ London Markets. The business also has made a number of senior hires to expand its access to markets and expertise for its …
Read More Tankers, Newly Sanctioned by US, Supplied Russian Oil to India
Three oil tankers, newly sanctioned by Washington, regularly shipped Sokol crude from Russia’s Far East to Indian Oil Corp, the country’s top refiner, in recent months, according to shiptracking data from LSEG, Kpler and trade sources. The U.S. on Thursday …
Read More Generali Keeps 2024 Goal as Profits Rise 30% Despite Disaster Claims
Italy’s top insurer Generali stuck to 2024 targets on Thursday after posting a 29.6% rise in nine-month adjusted net profit despite rising claims from natural disasters which it said would also weigh on this quarter. The impact of extreme weather …
Read More US Sanctions Maritime Companies, Vessels for Shipping Oil Above Russian Price Cap
The U.S. on Thursday imposed sanctions on maritime companies and vessels for shipping Russian oil sold above the G7’s price cap, as Washington seeks to close loopholes in the mechanism designed to punish Moscow for its war in Ukraine. The …
Read More Fortune 500 Vulnerabilities to Third-Party Cloud Risk Could Result in $20B Loss
New research indicates members of the Fortune 500 could suffer direct financial losses in excess of $20 billion due to a partial outage of third-party cloud services, according to Parametrix. The findings highlight how the disruption of third party cloud …
Read More Government Climate Report Shows Quickly Rising Temps, but U.S. Greenhouse Gas Emissions Headed Down
A new national climate report that shows temperatures rapidly rising, but it also has some good news for the U.S. The Fifth National Climate Assessment, which analyzes the impacts of climate and global change in the U.S., shows that global …
Read More Letting People Work From Home Is Good for Companies’ Revenue Growth
Companies that allow remote work have experienced revenue growth that’s four times faster than those that are more stringent about office attendance, a new survey shows, adding fuel to the debate over productivity and performance in today’s workplaces. The analysis …
Read More Mom Not Liable in Son’s Crash of Family Car, Florida Supreme Court Says
Florida families and their auto insurers can rest a little easier after the state Supreme Court decided Thursday that a mom cannot be held vicariously liable for an accident caused by her son who had borrowed the family car. In …
Read More Oregon Jury Awards Man $3M After Officer Accused Him of Trying to Steal Car
A jury in Oregon has awarded a man more than $3.1 million after a police officer accused him of trying to steal a car he was fixing and allegedly used excessive force when arresting him. That jury award included more …
Read More Fatalities From Maui Wildfire Reach 100 After Death of Woman
The death toll from the wildfire that devastated the historic Maui town of Lahaina last summer has risen to 100 after a 78-year-old woman injured in the disaster died last month, officials said. The victim was among those who had …
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