Insured industry losses from the flooding in the Czech Republic, Poland and Austria in September 2024 will range from €2 billion (US$2.2 billion) to €3 billion (US$3.4 billion), according to Verisk, the data analytics and technology provider. S&P Global Ratings …

A British man has been arrested and charged by U.S. authorities with hacking into the computers of five companies to obtain details about their expected earnings, and making $3.75 million of illegal profit by trading before results were released. The …

Taiwan authorities completed the dramatic helicopter rescue of 19 crew members on a stricken ship, which foundered as Super Typhoon Krathon brings strong winds and heavy rains to the island. All those on the Barbados-registered “Blue Lagoon” were rescued, the …

This edition of International People Moves details appointments at Markel and Berkshire Hathaway Specialty Insurance (BHSI). A summary of these new hires follows here. Markel Appoints 2 Senior Underwriters, 1 Claims Manager for International Casualty Team Markel, the insurance operations …

Hub International Ltd. (HUB), the Chicago-based insurance broker, announced an exclusive referral and broker program partnership throughout the U.S., Canada and Mexico with MAS Seguros, the largest trucking insurance broker in Mexico. The partnership is a response to Mexico’s growing …

Stellantis’ 771 million euro ($854 million) London lawsuit against two safety equipment makers began on Tuesday, with the European carmaker arguing long-running cartels led to it being overcharged for roughly a decade. The automaker, which was formed by the 2021 …

British holiday group Saga said on Wednesday that it is in talks with Belgian insurer Ageas for a potential partnership for its insurance business. Saga, which specializes in holidays and insurance for people over 50, has been struggling with its …

LITTLE ROCK, Ark. (AP) — Arkansas sued YouTube and parent company Alphabet on Monday, saying the video-sharing platform is made deliberately addictive and fueling a mental health crisis among youth in the state. Attorney General Tim Griffin’s office filed the …

A Black man alleges in a lawsuit that an Iowa trucking company fired him as a driver because he wouldn’t cut off his dreadlocks, the latest in a series of incidents across the country over an issue activists have dubbed …

Ryan Specialty announced that it has completed the acquisition of certain assets of EverSports & Entertainment Insurance, Inc. (EverSports) from the Everest Group, Ltd. group of companies. EverSports is a managing general underwriter focused on sports, leisure and entertainment (SLE) …

A U.S. labor board issued a complaint accusing Apple of violating employees’ rights to organize and advocate for better working conditions by maintaining a series of unlawful workplace rules. The National Labor Relations Board in the complaint announced late on …

Over the last 20 years, the role of the claims handler has evolved significantly, from a largely back-office function to one centred around partnership and mutual benefit. In today’s market, claims is now at the forefront of client-insurer relationships, playing …