Iran’s Persian Gulf Strait Authority, set up by Iran to manage requests of passage in the Strait of Hormuz, published on Monday an updated list of 77 vessels “violating Iranian protocols for the Strait of Hormuz.” Concerns over global energy supply have deepened after the latest attacks around oil transit routes in the Strait of …
Lloyd's delegated authority specialist hires Gallagher Re executive as it continues US push Source link
Insurance Journal’s Risky Future series is hosting the “AI Tools for FNOL & Digital Claims” Demo Day, a series of free AI tool demonstrations designed exclusively for insurance claims leaders, including chief claims officers, innovation & transformation leaders, customer experience leaders, claims managers and more. This event will spotlight solutions that aim to change the …
MS Amlin chief executive joins association's governing body Source link
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of Farm Bureau Property & Casualty Insurance Company and Western Agricultural Insurance Company, both domiciled in West Des Moines, IA and collectively known as Farm Bureau Property …
Each morning this summer, Gordon and Connie Howie have awoken on their cattle ranch in central Pennington County and turned on the kitchen faucet, unsure if any water will come out. “We can’t do laundry or dishes or take showers other than with a little trickle,” said Connie Howie, 76. “Other times we have a …
The Golden State has large network of non-profits supporting resilience work, but insurers cannot always see these efforts Source link
Six people have been convicted in a bribery scheme that enabled more than 100 people to fraudulently obtain commercial driver’s licenses, the U.S Attorney’s Office, Eastern District of Louisiana announced. Mahmoud Alhattab, a restaurant owner, led a scheme in which Commercial Driver’s License (CDL) applicants paid him an average of $5,000 to obtain unearned CDLs. …
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Public school students in Springfield, Massachusetts have been told they can return to their schools on Monday, September 14 after the schools were closed on Tuesday due to a cyber incident. According to Mayor Domenic J. Sarno and school officials, an outside group gained access to the public school system’s network and blocked the district’s …
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has introduced a new benefit for eligible political risk insurance policyholders: access to a one-off advisory consultation with Blackthorn Risk Group Ltd., a London-based independent security consultancy. Through this new arrangement, eligible clients purchasing qualifying political risk insurance from Liberty’s London team can opt in …
Bayer’s Monsanto unit heads to a Missouri state court on Monday seeking approval of a $7.25 billion settlement that could resolve tens of thousands of U.S. lawsuits alleging that its popular weedkiller Roundup causes cancer. In a pivotal test of the company’s efforts to put years of litigation behind it, Judge Timothy Boyer will examine …