INSURANCE NEWS
How Former Columnist’s Civil Lawsuit Alleging Sex Assault by Trump Reached Court
As Donald Trump ran for and served as president, over a dozen women publicly accused him of sexual assault and harassment. Most of those claims – all denied by Trump – were never taken to court. None has gone to …
Connecticut Landlord to Pay $400,000 for Tenant Harassment
A former Connecticut landlord must pay $400,000 to settle a federal lawsuit alleging he violated the Fair Housing Act by sexually harassing and victimizing his female tenants for at least five years, including evicting or threatening to evict those who …
People Moves: QBE Nabs Davis From Beazley to Head Cyber; Dhillon Head of Markel’s Catastrophe, Exposure Management
QBE Names Davis to Newly Created Position: Global Head of Cyber QBE Insurance Group Limited has appointed Serene Davis to newly the created position global head of cyber. Davis will begin working in the role on May 15. Davis will …
South Florida Condo Building Evacuated After 60-year Inspection
Residents of a South Florida waterfront condominium that was deemed unsafe during a recent inspection have until Tuesday morning to evacuate. A building engineer conducting an inspection on April 14 for the Majestic Isle condominium’s required 60-year certification found sagging …
Distracted Driving: A Fatal Problem with Seemingly Simple Solutions
In 2021, distracted driving killed 3,522 people. April is Distracted Driving Awareness Month, and statistics show that distracted driving has become an increasingly common and fatal hazard. According to the National Highway Traffic Safety Administration (NHTSA), in 2020, 8% of …
China’s Ping An Insurance Reports 48.9% Rise in Q1 Profit
Ping An Insurance (Group) Co. of China Ltd. saw a 48.9% rise in first-quarter net profit as its investment income improved, China’s largest insurer by market value reported on Wednesday. Profit rose to 38.4 billion yuan ($5.55 billion) for the …
Lessons From Inside: Two Cyber Experts Share Biggest Risks for Companies
On this episode of The Insuring Cyber Podcast, two cybersecurity experts shared their inside view of the current cyber risk landscape. “While working in the cybersecurity industry for several years, you get to understand the pain points of CISOs (chief …
Catastrophe Losses Stimy Chubb Q1 Net Income
First quarter net income at Chubb Ltd. fell several percentage points to about $1.9 billion as catastrophe losses evened gains in premiums written. P&C underwriting income was about $1.21 billion, down 5.5% from about $1.28 billion the prior year first …
People Moves: Hiscox Re & ILS Hires Hamilton Re’s Shah as Dir. of U/W Risk; BHSI Names Claims Execs in Germany; Aon’s Reins. Solutions Taps AXA XL’s Grigg for Cyber
This edition of International People Moves details appointments at Hiscox Re & ILS, Berkshire Hathaway Specialty Insurance (BHSI), and Aon’s Reinsurance Solutions A summary of these new hires follows here. Hiscox Re & ILS Hires Hamilton Re’s Shah as Director …
EU Lawmakers Back Human Rights, Environmental Checks for Big Companies
European Union lawmakers on Tuesday backed rules requiring thousands of large companies to identify and mitigate human rights abuses like child labor or slavery, and environmental damage by suppliers. The European Parliament’s legal affairs committee voted to approve the draft …
North Sea Nations to Develop Critical Infrastructure Security Pact
Security advisers from the North Sea nations agreed to work out a pact to jointly protect critical sub-sea gas pipelines and power cables, telecoms connections and wind farms. Several nations attending the North Sea Summit in Belgium on Monday will …
Russia’s Lavrov Blames West for Deadlock Over Future of Black Sea Grain Deal
Moscow has seen “practically no results” from a pact with the United Nations that aimed to help Russia’s grain and fertilizer exports and blamed Western countries for creating a deadlock, Foreign Minister Sergei Lavrov said on Tuesday. Russia has signaled …