Liberty Specialty Markets’ Ross Drabble describes how market changes, geopolitics and climate change are affecting high-value goods Source link
The Texas Department of Insurance this week launched a tool that allows residents to see reasons for why insurance companies decline, non-renew or cancel home and auto insurance policies. The webpage lets users review declination, non-renew and cancellations notices by choosing from a reporting period, ZIP code and policy type. The page also includes the …
London market trade body calls for more work on product governance regulations Source link
Hunt Forest Products, L.L.C., a Ruston, Louisiana-based wood products manufacturing company, violated federal law when it terminated a laborer’s employment after learning he had a seizure while not at work, the U.S. Equal Employment Opportunity Commission (EEOC) alleged in a lawsuit. According to the EEOC’s lawsuit, Hunt Forest Products required the worker to undergo an …
Insurance associations welcome move but Talanx flags importance of ‘holistic approach’ Source link
Minnesota Attorney General Keith Ellison announced that he has filed a civil lawsuit and an $18.5 million settlement of the civil lawsuit with Partners in Nutrition, d/b/a Partners in Quality Care (“PIN”), that resolves claims that the non-profit knowingly defrauded the State of Minnesota out of millions of dollars in federal child nutrition funds during …
Growing dependencies are creating new pathways for shocks to spread across sectors, Swiss Re and LSE analysis finds Source link
Crypto exchange Bitget reported an estimated $351.6 million in unauthorized transfers from some of its wallets and temporarily suspended withdrawals. “User funds are safe,” Chief Executive Gracy Chen said in a post on X early Friday in Singapore. “The full amount of this loss falls within the coverage of Bitget’s User Protection Fund, which currently …
Bermuda carrier’s stock lifted by new analyst coverage and ‘outperform’ rating Source link
New York’s attorney general sued Polymarket on Thursday, escalating her battle against prediction markets, an industry that she says violates state laws against illegal gambling. Attorney General Letitia James filed her petition nearly two months after bringing a similar case against Polymarket rival Kalshi. She filed similar petitions in April against two other prediction market …
Gary McInally also named managing director of the Bermuda-based group’s managing general agent platform Source link
The Federal Bureau of Investigation is probing hackers’ claims that they broke into the bureau’s systems and stole thousands of current and former employees’ data, the bureau said in a statement Sept. 23. A group known as ShinyHunters claimed responsibility for the alleged hack on Tuesday. The gang said it had attacked the FBI in …