INSURANCE NEWS
People Moves: Liberty Specialty Taps Zurich’s Dutta for Financial Risks; Canopius Hires WTW’s Saville for Cat Research; HDI UK & Ireland Promotes Lavey in Liability Team
This edition of International People Moves details appointments at Liberty Specialty Markets, Canopius Group, and HDI Global SE – UK & Ireland. A summary of these new hires follows here. Liberty Specialty Markets Taps Zurich’s Dutta for Financial Risk Solutions …
Swiss Health Insurer Under Fire for Offering Discount to Members of Pro-Life Group
Swiss-based health insurance company Helsana AG came under fire this week for offering a 10% discount to members of the Pro Life Switzerland organization. Members of the Social Democratic Party of Switzerland wrote a letter to Helsana’s management urging the …
Why Are the World’s Rivers, Canals and Reservoirs Turning to Dust?
Rivers across the globe are disappearing. From the U.S. to Italy to China, waters have receded, leaving nothing but barren banks of silt and oozing, muddied sand. Canals are empty. Reservoirs have turned to dust. The world is fully in …
Swiss Re Underwriter Wins Sex Discrimination Suit After Boss Joked About Her Breasts
A former Swiss Re AG underwriter won her sex discrimination suit after she was left humiliated by a senior manager who told her “If I had breasts like yours I would be demanding too.” Julia Sommer was unfairly dismissed after …
Harvey Weinstein Is Granted Appeal of Rape, Sex-Assault Conviction
Harvey Weinstein has been granted a request to appeal his rape and sexual assault conviction to New York’s highest court. Chief Judge Janet DiFiore granted the request on Aug. 19, said Gary Spencer, a spokesperson for the Court of Appeals …
United Educators’ President and CEO Abraham to Retire Next Year
United Educators Insurance (UE), a reciprocal risk retention group serving K-12 schools, colleges, and universities, announced that UE’s President and CEO Janice Abraham will retire in the summer of 2023. UE Board of Subscribers Chair Morgan R. Olsen announced the …
DCA Can’t Prohibit Lower Court Ruling, Fla. Justices Decide in Insurance Case
Claim Was Settled, But Insurer Attorneys Revealed Mediation Info, Claimants’ Lawyer Says An appeals court cannot be used to prohibit a lower court’s decisions, except through the normal appeal process, the Florida Supreme Court decided Thursday in a case that …
Cosmetics Maker Sephora Settles Customer Data Privacy Suit in California
Sephora Inc., one of the world’s largest cosmetics retailers, has settled a lawsuit claiming that the company sold customer information without proper notice in violation of the California’s landmark consumer privacy law, state Attorney General Rob Bonta said. Sephora failed …
Hawaii Food Distributor Settling Racism Lawsuit
A Hawaii food distribution company has agreed to pay $90,000 to settle a lawsuit alleging a Black employee was subjected to racial slurs and racist references to slavery, the U.S. Equal Employment Opportunity Commission said. According to the lawsuit, a …
Celebrity Chef Mario Batali Settles 2 Lawsuits Alleging Sexual Assault
Mario Batali has agreed to settle two Massachusetts lawsuits that accused the celebrity chef of sexual assault, attorneys for the women said on Wednesday. The decision to settle the cases comes more than two months after the former Food Network …
Judge Cuts $500K Punitive Award Against Prison Guard to $5,000
A federal judge has overturned a jury’s decision imposing $500,000 in punitive damages against a former Delaware prison guard accused of sexually assaulting an inmate during a pat-down. The jury found in December that former Department of Correction Sgt. William …
Report: Atmospheric Storms Could Result in $3.2B in Flood Damage by Century’s End
Atmospheric rivers that bombard the Western U.S. from time to time could result in as much as $3.2 billion in flood damage by century’s end, according to researchers who published a new study in the journal Scientific Reports. Atmospheric rivers …