Insurance
FEMA Has Paid Out $5.6M so far to Hawaii Wildfire Survivors
The Federal Emergency Management Agency said it has approved more than $5.6 million in assistance to nearly 2,000 households in Maui so far as the federal government tries to help survivors of the devastating wildfires. The White House and FEMA …
Read More Judge Rejects Newsmax Bid to Narrow Smartmatic Lawsuit Over 2020 US Election
A Delaware judge on Wednesday rejected Newsmax Media’s bid to narrow the allegedly defamatory statements that the right-wing U.S. television network must defend in a lawsuit by voting machine company Smartmatic USA involving the 2020 presidential election. Smartmatic, whose U.S. …
Read More China Allows Allianz to Launch Onshore Fund Management Company
China’s securities regulator on Thursday granted approval to Allianz Global Investors (Allianz GI) to set up an onshore fund management company as Beijing vowed to step up efforts to attract foreign companies amid sluggish economic growth. The asset manager, an …
Read More People Moves: Dyer Appointed Chief Risk Officer for Aspen UK; Sompo Int’l Taps Walker From Allianz for Distribution Insurance, APAC; BMS Names Hewitt as Head of Japan
This edition of International People Moves detail appointments at Aspen Insurance Holdings, Sompo International, and BMS Group. A summary of these new hires follows here. Dyer Appointed Chief Risk Officer for Aspen UK Aspen Insurance Holdings Ltd. has appointed Andrew …
Read More Big Tech Braces for Roll-out of EU’s Digital Services Act
More than a dozen of the world’s biggest tech companies face unprecedented legal scrutiny, as the European Union’s sweeping Digital Services Act (DSA) imposes new rules on content moderation, user privacy and transparency this month. Across the EU, a host …
Read More Japan Begins Releasing Nuclear Wastewater in Process That Could Last 30 Years
Japan started the release of treated wastewater from the Fukushima nuclear site into the Pacific Ocean in a process that could last about 30 years, triggering an immediate retaliation by China to curb seafood imports. Tokyo Electric Power Co., which …
Read More People Moves: Hamann Named President of Hanover Small Commercial; Chilson Becomes Argo Surety President; Ryan Specialty Hires Conklin for Chief HRO
The Hanover Appoints Hamann President of Small Commercial The Hanover Insurance Group, Inc., headquartered in Worcester, Mass., appointed Charles (Chip) F. Hamann to president of small commercial. Hamann has over 35 years of industry experience and has been with The …
Read More Athens Wildfires Burn Part of Forest in Mount Parnitha After Destroying Homes
A wildfire near the Greek capital burned part of the forest in mount Parnitha, after destroying homes and cars, while Athens prepares for another difficult day as authorities have issued a high alert warning for fires on Thursday. The fires …
Read More AstraZeneca Faces 2 London Lawsuits Over COVID-19 Vaccines
AstraZeneca is facing two London lawsuits, including one from the husband of a woman who died after receiving the Anglo-Swedish drugmaker’s COVID-19 vaccine, in the first of potentially dozens of cases brought in England. Britain was the first country to …
Read More Lapsus$ Hacker Targeted Uber, Revolut, Grand Theft Auto Maker, London Jury Finds
A teenage member of the Lapsus$ hacking group was on Wednesday found by a London jury to have hacked Uber and fintech firm Revolut, and blackmailed the developers of best-selling videogame Grand Theft Auto. Arion Kurtaj, 18, embarked on a …
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