Insurance
Aston Lark Buys Commercial Direct Marine Trade Book From Navigators & General
Aston Lark, a Howden company, announced the acquisition of the commercial direct marine trade book from Navigators & General (N&G), part of Zurich UK, to expand its range of insurance products for the marine community. The acquisition of the commercial …
Read More 3M Faces Claim in Netherlands Over ‘Forever Chemicals’ Pollution
The Netherlands’s government is exploring its legal options against chemical giant 3M over pollution in the Dutch part of the Scheldt River. For years, the company’s Antwerp, Belgium-based factory seeped contaminated groundwater into the Scheldt, a 350-kilometer (217-mile) river that …
Read More Safety Agency Confirms Another Air Bag Death, This one in Kentucky
A U.S. auto safety regulator on Friday said it had confirmed a new crash death from a faulty air bag in a Honda car, as it urged owners to get recall repairs completed. The National Highway Traffic Safety Administration (NHTSA) …
Read More Abu Dhabi’s ADQ Leads Consortium to Buy Stake in Israel’s Phoenix Group
A consortium led by Abu Dhabi state holding firm ADQ are in advanced negotiations to acquire a controlling stake in Israeli financial firm Phoenix Group in a deal that values the company at around 9.2 billion shekels ($2.70 billion), the …
Read More Three Children Killed in North Carolina House Fire
Three children under the age of 5 are dead and their mother was taken to a hospital after a house fire in North Carolina on Monday morning, authorities said. Greensboro Deputy Fire Chief Dwayne Church says firefighters called to a …
Read More Risk Strategies Acquires Worldwide Assurance Agency in Miami
Risk Strategies, national specialty insurance brokerage and risk management firm, has acquired Miami-based Worldwide Assurance Inc., a retail life, health and benefits agency. Worldwide was founded in 2012 and has grown rapidly in recent years, its president, Osvaldo Gonzalez III, …
Read More Meta Platforms Accused in Kenyan Lawsuit of Amplifying Hate Speech in Africa
Meta Platforms Inc. is facing a lawsuit in Kenya’s high court accusing the company of failing Africans by amplifying hate speech and incitement to violence on Facebook and calling for about $2 billion in restitution. The case has been filed …
Read More Underwriting the Transition: Chaucer, Moody’s Break New Ground With ESG Scorecard
As corporations increasingly navigate the environmental, social and governmental (ESG) landscape, they require tools and benchmarking to help them meet their ESG targets. After all, regulators are moving to enforce disclosure requirements. According to Chaucer, a Lloyd’s insurer and reinsurer, …
Read More Climate Change Could Cost Pension Funds Billions of Euros: EU Watchdog
Pension funds across the European Union would lose billions of euros from their investments in polluting industries without action to mitigate the impact of climate change, the bloc’s first stress test of its kind showed on Tuesday. The European Insurance …
Read More Taylor Swift, songwriters agree to end ‘Shake It Off’ copyright case
Two songwriters have dropped their lawsuit claiming Grammy-winning musician Taylor Swift copied their lyrics in her 2014 number-one hit “Shake It Off,” according to court documents filed on Monday. Sean Hall and Nathan Butler told a Los Angeles federal judge …
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