Insurance
EU, U.S. Eye Level Playing Field for EU Electric Cars in U.S. Market
European Union and U.S. officials expect to reach agreement that would grant EU companies, including electric car makers, the same status as U.S. ones in the U.S. market, to avoid what the EU calls discrimination against its producers by the …
Read More Broker Marsh Says it Has Optimism for Continued Cyber Market Stabilization
In its latest update of the cyber market, broker Marsh said there are signs of improvement, with average rate increases continuing a trend of stead decline. Marsh said rate increases for cyber insurance have decelerated nearly 80% on average in …
Read More Louisiana Advances Toward Large Carbon-Capture Project
Three energy corporations are partnering on a carbon- capture project with the hopes of dramatically reducing industrial carbon dioxide emissions in Louisiana, Gov. John Bel Edwards announced Wednesday. ExxonMobil, CF Industries and EnLink Midstream have entered into an agreement with …
Read More People Moves: NFP Hires Pelaez for Mgmt and Professional Liability in Canada; Miller Names AGCS’ Hooker as APAC Head of Energy; Liberty GTS Hires 3 for APAC Team
This edition of International People Moves details appointments at NFP, Miller and Liberty Global Transaction Solutions A summary of these new hires follows here. NFP Hires Pelaez for Management and Professional Liability Team in Canada NFP, the property and casualty …
Read More Airbus and Qatar Airways Return to Court Over Ongoing Contractual, Safety Dispute
Airbus and Qatar Airways return to court on Friday as a contractual and safety dispute over A350 passenger jets descends into a tug-of-war over confidential documents while the sums at stake in their unprecedented falling-out top $1.5 billion. Qatar Airways …
Read More Viewpoint: Effective Risk Management and Insurance Procurement
More than ever, in the wake of the global disruption wrought by the COVID-19 pandemic, geopolitical upheaval, and supply chain disruptions and other inflationary pressures, risk management has proven critical to organizations’ operations and survival. Although some organizations might continue …
Read More Oregon Retirement Home Fire That Killed One Was Human Caused
An explosion and fire last week at the Columbia Hills Retirement Center in St. Helens, Oregon, that killed one person was a human-caused accident. Columbia River Fire & Rescue officials said the explosion was caused by oxygen tanks stored in …
Read More California Schools Paying $52M in Suit Over Coach Sex Assaults
Lawyers for children who were sexually assaulted by a high school wrestling coach have settled a lawsuit with the Los Angeles Unified School District for $52 million, they announced. Attorneys for more than a dozen children and their families announced …
Read More Oldest Black-Owned Insurance Company Goes Quietly into Liquidation
After more than 120 years, the oldest black-owned insurance company in the United States has all but come to an end, and will soon be liquidated. North Carolina Mutual Life Insurance Co., which began in 1898 and whose iconic headquarters …
Read More New Jersey Eyes Gun Carry Legislation Including Insurance Requirement
New Jersey Democrats say they are going to take a shot at passing new gun legislation similar to New York’s even thought that state’s law is facing a court challenge. Assembly Speaker Craig J. Coughlin and Senate President Nick Scutari, …
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