Insurance
Google Faces EU Antitrust Charges Over its Adtech Business
Alphabet unit Google could face antitrust charges next year over its digital advertising business, with EU regulators frustrated over the slow pace of settlement talks with the company, people familiar with the matter said on Thursday. Google’s ad business is …
Read More Seattle Ending Virus Emergency Proclamation, Rules for Gig Workers Changing
The City of Seattle, Washington, will end its COVID-19 emergency proclamation at the end of October. Mayor Bruce Harrell said in a statement Tuesday that Seattle will lift its remaining COVID emergency order to align with Gov. Jay Inslee’s decision …
Read More Georgia Auto Rates Top Issue in Insurance Commissioner Race
Auto insurance costs have become the central issue in the election for Georgia’s next insurance commissioner. John King, the Republican incumbent appointed by Gov. Brian Kemp, says he’s looking for ways to protect consumers but also strike a balance to …
Read More Cyber MGA Coalition and BDT Capital Partners Launch Bermuda Reinsurer Ferian Re
Coalition, the San Francisco-based cyber insurer and cyber-security firm, announced the formation of Ferian Re, an independent Bermuda-based Class 3B reinsurer that will provide capacity across Coalition’s cyber programs. Ferian Re will be capitalized with approximately $300 million from an …
Read More U.S. to Issue New Cybersecurity Requirements for Critical Aviation Systems
A U.S. transportation security agency said Wednesday it plans to issue new cybersecurity requirements for some key aviation systems after several U.S. airport websites earlier this week were hit with apparently coordinated denial-of-service attacks. The Transportation Security Administration (TSA) said …
Read More Hampden Rebrands Syndicate 2689 as Hampden Risk Partners, Changes Business Mix
Hampden Group announced the rebranding of Verto, its follow-only syndicate, to Hampden Risk Partners. The rebrand better identifies the syndicate with the Hampden Group and focuses its purpose in terms of its relationships both with underwriting partners and capital support, …
Read More Markets/Coverages: Liberty Specialty Markets Launches Project Cargo Consortium at Lloyd’s
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance’s Global Risk Solutions division, announced the launch of a new Lloyd’s facility for the London market. The Liberty Project Cargo Consortium (LPCC) underwrites global project-related cargo risks. The facility, Consortium 7763, …
Read More People Moves: Aon Announces New Lineup for UK Commercial Risk Team; Zurich Appoints Seach as Group CUO, Succeeding Robinson
This edition of International People Moves details appointments at Aon and Zurich Insurance. Aon Announces New Lineup for UK Commercial Risk Team A summary of these new hires follows here. Insurance broker Aon plc has announced a new lineup for …
Read More Australian Health Insurer Medibank Reports Cyber Incident
Australian health insurer Medibank Private said on Thursday it will isolate and remove access to some customer-facing systems as it detected unusual activity on its network. The company said it took “immediate steps to contain the incident, and engaged specialized …
Read More Alex Jones Must Pay $965 Million for Sandy Hook Lies
Alex Jones must pay $965 million in damages to families and an FBI agent ravaged by the Infowars founder’s lie that the Sandy Hook Elementary School massacre was a hoax, a Connecticut jury found on Wednesday. The families’ lawyers had …
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