Tuesday, June 22, 2021

AXA Partners with Hong Kong Broadband Network to Offer Homeowners Insurance

Hong Kong Broadband Network Ltd. (HKBN) is now offering customers an “All-in-One Home Kit,” complete with fiber broadband service and home insurance from AXA Hong Kong and Macau (AXA). The kit also has a home network security solution and smart …


AXA Partners with Hong Kong Broadband Network to Offer Homeowners Insurance
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Description: Hong Kong Broadband Network Ltd. (HKBN) is now offering customers an “All-in-One Home Kit,” complete with fiber broadband service and home insurance from AXA Hong Kong and Macau (AXA). The kit also has a home network security solution and smart …
Full content: Hong Kong Broadband Network Ltd. (HKBN) is now offering customers an “All-in-One Home Kit,” complete with fiber broadband service and home insurance from AXA Hong Kong and Macau (AXA). The kit also has a home network security solution and smart …
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Category: International & Reinsurance News
Date: Tue, 22 Jun 2021 10:30:05 +0000
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Tuesday, June 22, 2021

Generali Agrees to Buy AXA’s Malaysian P/C and Life Insurance Units

MILAN/PARIS/KUALA LUMPUR – Italy’s top insurer Generali has agreed to buy AXA’s insurance assets in Malaysia and take full ownership of a joint-venture it runs in the country to strengthen its local presence. The deals will turn Generali into the …


Generali Agrees to Buy AXA’s Malaysian P/C and Life Insurance Units
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Description: MILAN/PARIS/KUALA LUMPUR – Italy’s top insurer Generali has agreed to buy AXA’s insurance assets in Malaysia and take full ownership of a joint-venture it runs in the country to strengthen its local presence. The deals will turn Generali into the …
Full content: MILAN/PARIS/KUALA LUMPUR – Italy’s top insurer Generali has agreed to buy AXA’s insurance assets in Malaysia and take full ownership of a joint-venture it runs in the country to strengthen its local presence. The deals will turn Generali into the …
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Category: International & Reinsurance News
Date: Tue, 22 Jun 2021 09:38:14 +0000
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Tuesday, June 22, 2021

Louisiana Gov.: $176M Now Available from FEMA for Laura, Delta Aid

Louisiana parishes recovering from two hurricanes that struck last year are now in line to get a total of more than $176 million from the Federal Emergency Management Agency, Gov. John Bel Edwards said. Edwards discussed the funding at a …


Louisiana Gov.: $176M Now Available from FEMA for Laura, Delta Aid
Author: Stephanie K. Jones
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Description: Louisiana parishes recovering from two hurricanes that struck last year are now in line to get a total of more than $176 million from the Federal Emergency Management Agency, Gov. John Bel Edwards said. Edwards discussed the funding at a …
Full content: Louisiana parishes recovering from two hurricanes that struck last year are now in line to get a total of more than $176 million from the Federal Emergency Management Agency, Gov. John Bel Edwards said. Edwards discussed the funding at a …
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Category: Texas / South Central News
Date: Tue, 22 Jun 2021 06:39:52 +0000
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Tuesday, June 22, 2021

Ryan Specialty Group Registers with SEC for IPO up to $100M

The Chicago-based specialty wholesale brokerage Ryan Specialty Group has filed with the Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of up to $100 million. The number of shares to be offered and the price range …


Ryan Specialty Group Registers with SEC for IPO up to $100M
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Description: The Chicago-based specialty wholesale brokerage Ryan Specialty Group has filed with the Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of up to $100 million. The number of shares to be offered and the price range …
Full content: The Chicago-based specialty wholesale brokerage Ryan Specialty Group has filed with the Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO) of up to $100 million. The number of shares to be offered and the price range …
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Category: National News
Date: Tue, 22 Jun 2021 05:00:42 +0000
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Tuesday, June 22, 2021

People Moves: Liberty Mutual Makes Key Executive Appointments; Langwell Announces Retirement

Liberty Mutual Insurance Chairman and Chief Executive Officer David Long today announced key executive leadership appointments. “Today’s announcement marks an important chapter for the company. These new executive leadership appointments better position us now and in the future as a …


People Moves: Liberty Mutual Makes Key Executive Appointments; Langwell Announces Retirement
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Description: Liberty Mutual Insurance Chairman and Chief Executive Officer David Long today announced key executive leadership appointments. “Today’s announcement marks an important chapter for the company. These new executive leadership appointments better position us now and in the future as a …
Full content: Liberty Mutual Insurance Chairman and Chief Executive Officer David Long today announced key executive leadership appointments. “Today’s announcement marks an important chapter for the company. These new executive leadership appointments better position us now and in the future as a …
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Category: National News
Date: Tue, 22 Jun 2021 05:00:42 +0000
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Tuesday, June 22, 2021

Assessing Options for Managing the Risks and Insuring Communicable Diseases

Within weeks, it had all changed. As a pandemic spread and took root in an unprepared world, many organizations were finding out that their insurance policies would not cover the one event that had brought global business to a standstill …


Assessing Options for Managing the Risks and Insuring Communicable Diseases
Author: Andrew G. Simpson
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Description: Within weeks, it had all changed. As a pandemic spread and took root in an unprepared world, many organizations were finding out that their insurance policies would not cover the one event that had brought global business to a standstill …
Full content: Within weeks, it had all changed. As a pandemic spread and took root in an unprepared world, many organizations were finding out that their insurance policies would not cover the one event that had brought global business to a standstill …
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Category: National News
Date: Tue, 22 Jun 2021 05:00:37 +0000
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Monday, June 21, 2021

Florida Supreme Court Ruling Pulls Marijuana Proposal From 2022 Ballot

A proposed constitutional amendment to allow recreational marijuana use in Florida won’t be on the 2022 ballot after the state Supreme Court ruled last week that the ballot language was misleading. The court, in a 5-2 decision, said proposed ballot …


Florida Supreme Court Ruling Pulls Marijuana Proposal From 2022 Ballot
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Description: A proposed constitutional amendment to allow recreational marijuana use in Florida won’t be on the 2022 ballot after the state Supreme Court ruled last week that the ballot language was misleading. The court, in a 5-2 decision, said proposed ballot …
Full content: A proposed constitutional amendment to allow recreational marijuana use in Florida won’t be on the 2022 ballot after the state Supreme Court ruled last week that the ballot language was misleading. The court, in a 5-2 decision, said proposed ballot …
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Category: Southeast News
Date: Mon, 21 Jun 2021 15:38:03 +0000
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Monday, June 21, 2021

People Moves: Srygley in New C&F Role; Lopez Joins Mosaic; CLARA Names CEO; IronHealth Has New President

Crum & Forster Adds Srygley in Captives, Gig Economy Roles Further strengthening its Captive Solutions and Sharing (Gig) Economy practices, Crum & Forster’s Accident & Health (A&H) Division has appointed C&F veteran Mark Srygley to help drive its efforts in …


People Moves: Srygley in New C&F Role; Lopez Joins Mosaic; CLARA Names CEO; IronHealth Has New President
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Description: Crum & Forster Adds Srygley in Captives, Gig Economy Roles Further strengthening its Captive Solutions and Sharing (Gig) Economy practices, Crum & Forster’s Accident & Health (A&H) Division has appointed C&F veteran Mark Srygley to help drive its efforts in …
Full content: Crum & Forster Adds Srygley in Captives, Gig Economy Roles Further strengthening its Captive Solutions and Sharing (Gig) Economy practices, Crum & Forster’s Accident & Health (A&H) Division has appointed C&F veteran Mark Srygley to help drive its efforts in …
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Category: National News
Date: Mon, 21 Jun 2021 15:12:31 +0000
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Monday, June 21, 2021

Vaccination Rate for Public Safety Workers in L.A. Below Average

COVID-19 vaccination rates for police and firefighting personnel in Los Angeles and prison employees across California are significantly lower than the state’s average for other adults, raising concerns among medical ethicists and public safety leaders about whether unvaccinated first responders …


Vaccination Rate for Public Safety Workers in L.A. Below Average
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Description: COVID-19 vaccination rates for police and firefighting personnel in Los Angeles and prison employees across California are significantly lower than the state’s average for other adults, raising concerns among medical ethicists and public safety leaders about whether unvaccinated first responders …
Full content: COVID-19 vaccination rates for police and firefighting personnel in Los Angeles and prison employees across California are significantly lower than the state’s average for other adults, raising concerns among medical ethicists and public safety leaders about whether unvaccinated first responders …
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Category: West News
Date: Mon, 21 Jun 2021 15:07:23 +0000
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Monday, June 21, 2021

Arizona Governor Signs $100M Wildfire Funding Bill

Arizona Gov. Doug Ducey has signed a bill rushed through in a special legislative session that provides $100 million in funding this year to battle wildfires, react to the damage they cause and to create a new force of more …


Arizona Governor Signs $100M Wildfire Funding Bill
Author: Don Jergler
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Description: Arizona Gov. Doug Ducey has signed a bill rushed through in a special legislative session that provides $100 million in funding this year to battle wildfires, react to the damage they cause and to create a new force of more …
Full content: Arizona Gov. Doug Ducey has signed a bill rushed through in a special legislative session that provides $100 million in funding this year to battle wildfires, react to the damage they cause and to create a new force of more …
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Category: West News
Date: Mon, 21 Jun 2021 15:04:37 +0000
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Monday, June 21, 2021

Newspaper Carrier Confronted by Washington Sheriff Seeks $5M in Damages

A Black newspaper carrier confronted by Pierce County Sheriff Ed Troyer in Washingotn has filed a legal claim seeking at least $5 million in damages. Attorneys representing Sedrick Altheimer submitted the tort claim against the county on Tuesday, contending Troyer’s …


Newspaper Carrier Confronted by Washington Sheriff Seeks $5M in Damages
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Description: A Black newspaper carrier confronted by Pierce County Sheriff Ed Troyer in Washingotn has filed a legal claim seeking at least $5 million in damages. Attorneys representing Sedrick Altheimer submitted the tort claim against the county on Tuesday, contending Troyer’s …
Full content: A Black newspaper carrier confronted by Pierce County Sheriff Ed Troyer in Washingotn has filed a legal claim seeking at least $5 million in damages. Attorneys representing Sedrick Altheimer submitted the tort claim against the county on Tuesday, contending Troyer’s …
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Category: West News
Date: Mon, 21 Jun 2021 15:01:49 +0000
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Monday, June 21, 2021

Seacor: Pay Debt With $25M in Overturned Louisiana Boat’s Insurance

The owner of an offshore oilfield boat that overturned off Louisiana plans to use $25 million in insurance on the vessel to pay down part of the Texas company’s debts. Attorneys for families of men killed when the Seacor Power …


Seacor: Pay Debt With $25M in Overturned Louisiana Boat’s Insurance
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Description: The owner of an offshore oilfield boat that overturned off Louisiana plans to use $25 million in insurance on the vessel to pay down part of the Texas company’s debts. Attorneys for families of men killed when the Seacor Power …
Full content: The owner of an offshore oilfield boat that overturned off Louisiana plans to use $25 million in insurance on the vessel to pay down part of the Texas company’s debts. Attorneys for families of men killed when the Seacor Power …
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Category: Texas / South Central News
Date: Mon, 21 Jun 2021 14:55:35 +0000
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Monday, June 21, 2021

Supreme Court Backs Goldman Sachs Escape from Securities Class Action

The U.S. Supreme Court on Monday handed a victory to Goldman Sachs Group Inc. in its bid to avoid an investor class action lawsuit accusing the bank of hiding conflicts of interest when creating risky subprime securities before the 2008 …


Supreme Court Backs Goldman Sachs Escape from Securities Class Action
Author: Andrew G. Simpson
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Description: The U.S. Supreme Court on Monday handed a victory to Goldman Sachs Group Inc. in its bid to avoid an investor class action lawsuit accusing the bank of hiding conflicts of interest when creating risky subprime securities before the 2008 …
Full content: The U.S. Supreme Court on Monday handed a victory to Goldman Sachs Group Inc. in its bid to avoid an investor class action lawsuit accusing the bank of hiding conflicts of interest when creating risky subprime securities before the 2008 …
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Category: National News
Date: Mon, 21 Jun 2021 14:30:32 +0000
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Monday, June 21, 2021

Sri Lanka Ship Disaster Causes ‘Significant Damage to the Planet’: UN

COLOMBO, Sri Lanka – The UN representative in Sri Lanka said the sinking of a container ship that caught fire while transporting chemicals off the capital Colombo has caused “a significant damage to the planet” by releasing hazardous substances into …


Sri Lanka Ship Disaster Causes ‘Significant Damage to the Planet’: UN
Author: L.S. Howard
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Description: COLOMBO, Sri Lanka – The UN representative in Sri Lanka said the sinking of a container ship that caught fire while transporting chemicals off the capital Colombo has caused “a significant damage to the planet” by releasing hazardous substances into …
Full content: COLOMBO, Sri Lanka – The UN representative in Sri Lanka said the sinking of a container ship that caught fire while transporting chemicals off the capital Colombo has caused “a significant damage to the planet” by releasing hazardous substances into …
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Category: International & Reinsurance News
Date: Mon, 21 Jun 2021 14:25:14 +0000
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Monday, June 21, 2021

CFC Underwriting’s Lloyd’s Syndicate Opens for Trading

CFC, the London-based managing general agent, announced that CFC Syndicate 1988 is open for business. In addition to risk capital provided by CFC, the syndicate worked with Aon Capital Advisory to attract third-party capital support including a large pension fund, …


CFC Underwriting’s Lloyd’s Syndicate Opens for Trading
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Description: CFC, the London-based managing general agent, announced that CFC Syndicate 1988 is open for business. In addition to risk capital provided by CFC, the syndicate worked with Aon Capital Advisory to attract third-party capital support including a large pension fund, …
Full content: CFC, the London-based managing general agent, announced that CFC Syndicate 1988 is open for business. In addition to risk capital provided by CFC, the syndicate worked with Aon Capital Advisory to attract third-party capital support including a large pension fund, …
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Category: International & Reinsurance News
Date: Mon, 21 Jun 2021 14:04:01 +0000
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Monday, June 21, 2021

Supreme Court Turns Away Insurers’ Bid Over Obamacare Reimbursements

The U.S. Supreme Court on Monday declined to hear a bid by health insurance companies to seek a full reimbursement from the federal government under a provision of the Obamacare law aimed at encouraging them to offer medical coverage to …


Supreme Court Turns Away Insurers’ Bid Over Obamacare Reimbursements
Author: Andrew G. Simpson
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Description: The U.S. Supreme Court on Monday declined to hear a bid by health insurance companies to seek a full reimbursement from the federal government under a provision of the Obamacare law aimed at encouraging them to offer medical coverage to …
Full content: The U.S. Supreme Court on Monday declined to hear a bid by health insurance companies to seek a full reimbursement from the federal government under a provision of the Obamacare law aimed at encouraging them to offer medical coverage to …
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Category: National News
Date: Mon, 21 Jun 2021 13:55:15 +0000
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Monday, June 21, 2021

UK Financial Services Sector Cautions About Legislating Work-from-Home Options

LONDON – How people divide their working hours between home and office should develop naturally over time and not be forced into law, senior financial services industry officials said on Monday. Britain has indicated it may legislate to allow people …


UK Financial Services Sector Cautions About Legislating Work-from-Home Options
Author: L.S. Howard
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Description: LONDON – How people divide their working hours between home and office should develop naturally over time and not be forced into law, senior financial services industry officials said on Monday. Britain has indicated it may legislate to allow people …
Full content: LONDON – How people divide their working hours between home and office should develop naturally over time and not be forced into law, senior financial services industry officials said on Monday. Britain has indicated it may legislate to allow people …
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Category: International & Reinsurance News
Date: Mon, 21 Jun 2021 13:41:00 +0000
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Monday, June 21, 2021

North Carolina Sheriff’s Office Settles Excessive Force Claims for $6M

A North Carolina sheriff’s office has agreed to a $6 million settlement in a lawsuit in which six families accused the department of a pattern of using excessive force doled out by deputies who had allegedly referred to themselves as …


North Carolina Sheriff’s Office Settles Excessive Force Claims for $6M
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Description: A North Carolina sheriff’s office has agreed to a $6 million settlement in a lawsuit in which six families accused the department of a pattern of using excessive force doled out by deputies who had allegedly referred to themselves as …
Full content: A North Carolina sheriff’s office has agreed to a $6 million settlement in a lawsuit in which six families accused the department of a pattern of using excessive force doled out by deputies who had allegedly referred to themselves as …
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Category: Southeast News
Date: Mon, 21 Jun 2021 12:30:49 +0000
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Monday, June 21, 2021

Court Grants Florida Bid to Halt CDC Broad Shutdown of Cruise Industry

A federal judge on Friday ruled for Florida in a lawsuit challenging a U.S. Centers for Disease Control and Prevention order making it difficult for cruise ships to resume sailing due to the coronavirus pandemic. U.S. District Judge Steven Merryday …


Court Grants Florida Bid to Halt CDC Broad Shutdown of Cruise Industry
Author: Andrew G. Simpson
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Description: A federal judge on Friday ruled for Florida in a lawsuit challenging a U.S. Centers for Disease Control and Prevention order making it difficult for cruise ships to resume sailing due to the coronavirus pandemic. U.S. District Judge Steven Merryday …
Full content: A federal judge on Friday ruled for Florida in a lawsuit challenging a U.S. Centers for Disease Control and Prevention order making it difficult for cruise ships to resume sailing due to the coronavirus pandemic. U.S. District Judge Steven Merryday …
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Category: National News
Date: Mon, 21 Jun 2021 12:22:06 +0000
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Monday, June 21, 2021

Severe Thunderstorms, Tornado Slam Chicago; Injuries, Power Outage, Property Damage Reported

Severe thunderstorms tore through the Chicago area on Sunday night after the National Weather Service said a “confirmed large and extremely dangerous tornado” had touched down in a western suburb of the city, causing damage. Chicago-area utility Commonwealth Edison’s (ComEd) …


Severe Thunderstorms, Tornado Slam Chicago; Injuries, Power Outage, Property Damage Reported
Author: Andrew G. Simpson
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Description: Severe thunderstorms tore through the Chicago area on Sunday night after the National Weather Service said a “confirmed large and extremely dangerous tornado” had touched down in a western suburb of the city, causing damage. Chicago-area utility Commonwealth Edison’s (ComEd) …
Full content: Severe thunderstorms tore through the Chicago area on Sunday night after the National Weather Service said a “confirmed large and extremely dangerous tornado” had touched down in a western suburb of the city, causing damage. Chicago-area utility Commonwealth Edison’s (ComEd) …
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Category: Midwest News
Date: Mon, 21 Jun 2021 12:13:16 +0000
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Monday, June 21, 2021

Czech Utility CEZ Manages to Find Insurance After 2 Providers Exit from Coal Coverages

PRAGUE — Czech utility CEZ said on Friday [June 18] it had found alternative insurance for its coal-fired power plants after two providers said they would stop covering them from next year as part of an industry drive to drop …


Czech Utility CEZ Manages to Find Insurance After 2 Providers Exit from Coal Coverages
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Description: PRAGUE — Czech utility CEZ said on Friday [June 18] it had found alternative insurance for its coal-fired power plants after two providers said they would stop covering them from next year as part of an industry drive to drop …
Full content: PRAGUE — Czech utility CEZ said on Friday [June 18] it had found alternative insurance for its coal-fired power plants after two providers said they would stop covering them from next year as part of an industry drive to drop …
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Category: International & Reinsurance News
Date: Mon, 21 Jun 2021 12:12:56 +0000
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Monday, June 21, 2021

Man in Prison for Maryland Arsons Linked to Delaware Fires

A man serving time for Maryland arsons is accused of starting fires in two Delaware beach towns last year. The Delaware Office of the State Fire Marshal announced Thursday that it has obtained warrants for Richard Lodeski of Wilmington for …


Man in Prison for Maryland Arsons Linked to Delaware Fires
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Description: A man serving time for Maryland arsons is accused of starting fires in two Delaware beach towns last year. The Delaware Office of the State Fire Marshal announced Thursday that it has obtained warrants for Richard Lodeski of Wilmington for …
Full content: A man serving time for Maryland arsons is accused of starting fires in two Delaware beach towns last year. The Delaware Office of the State Fire Marshal announced Thursday that it has obtained warrants for Richard Lodeski of Wilmington for …
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Category: East News
Date: Mon, 21 Jun 2021 11:41:27 +0000
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Monday, June 21, 2021

Vermont Hospital Still Calculating Cost of Ransomware Attack

Officials at Vermont’s largest hospital are still trying to determine the full financial impact of the cyber attack last October that knocked out computers affecting three hospitals in Vermont and three in New York. Scheduling and patient medical records were …


Vermont Hospital Still Calculating Cost of Ransomware Attack
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Description: Officials at Vermont’s largest hospital are still trying to determine the full financial impact of the cyber attack last October that knocked out computers affecting three hospitals in Vermont and three in New York. Scheduling and patient medical records were …
Full content: Officials at Vermont’s largest hospital are still trying to determine the full financial impact of the cyber attack last October that knocked out computers affecting three hospitals in Vermont and three in New York. Scheduling and patient medical records were …
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Category: East News
Date: Mon, 21 Jun 2021 11:38:50 +0000
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Monday, June 21, 2021

Tropical Depression Claudette Triggers Flash Flooding in South

Jun 20 2021— Forecasters warned of life-threatening flash flooding in parts of the Deep South, particularly across central Alabama, as Tropical Depression Claudette traveled over coastal states early Sunday. Heavy rain led to high water late Saturday into early Sunday …


Tropical Depression Claudette Triggers Flash Flooding in South
Author: Andrew G. Simpson
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Description: Jun 20 2021— Forecasters warned of life-threatening flash flooding in parts of the Deep South, particularly across central Alabama, as Tropical Depression Claudette traveled over coastal states early Sunday. Heavy rain led to high water late Saturday into early Sunday …
Full content: Jun 20 2021— Forecasters warned of life-threatening flash flooding in parts of the Deep South, particularly across central Alabama, as Tropical Depression Claudette traveled over coastal states early Sunday. Heavy rain led to high water late Saturday into early Sunday …
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Category: Southeast News
Date: Mon, 21 Jun 2021 11:31:30 +0000
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Monday, June 21, 2021

Connecticut Casinos Sue Insurer Over COVID-19 Losses

The Native American tribe that owns Connecticut’s Mohegan Sun casino is suing its insurance carrier over what it says was the denial of claims for millions of dollars in losses caused by the COVID-19 pandemic. The Day in New London …


Connecticut Casinos Sue Insurer Over COVID-19 Losses
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Description: The Native American tribe that owns Connecticut’s Mohegan Sun casino is suing its insurance carrier over what it says was the denial of claims for millions of dollars in losses caused by the COVID-19 pandemic. The Day in New London …
Full content: The Native American tribe that owns Connecticut’s Mohegan Sun casino is suing its insurance carrier over what it says was the denial of claims for millions of dollars in losses caused by the COVID-19 pandemic. The Day in New London …
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Category: East News
Date: Mon, 21 Jun 2021 11:29:50 +0000
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Monday, June 21, 2021

CEO Views: Successes and Failures in Dealing with Pandemic Challenges

As insurance professionals prepare for mask-free life and opportunities to exchange ideas in person, industry leaders took the virtual stage again at a midyear conference, recounting industry lessons learned during the 15 months since COVID distancing began. John Neal, chief …


CEO Views: Successes and Failures in Dealing with Pandemic Challenges
Author: Susanne Sclafane
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Description: As insurance professionals prepare for mask-free life and opportunities to exchange ideas in person, industry leaders took the virtual stage again at a midyear conference, recounting industry lessons learned during the 15 months since COVID distancing began. John Neal, chief …
Full content: As insurance professionals prepare for mask-free life and opportunities to exchange ideas in person, industry leaders took the virtual stage again at a midyear conference, recounting industry lessons learned during the 15 months since COVID distancing began. John Neal, chief …
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Category: International & Reinsurance News
Date: Mon, 21 Jun 2021 09:50:13 +0000
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Monday, June 21, 2021

8 Reinsurers Provide $897M Cover for Lloyd’s Central Fund with Aon as Placing Broker

Lloyd’s announced the marketplace has secured a five-year £650 million ($897 million) reinsurance cover for its Central Fund—a move that aims to protect against adverse tail risk, while supporting growth and bolstering the market’s balance sheet. The £650 million protection, …


8 Reinsurers Provide $897M Cover for Lloyd’s Central Fund with Aon as Placing Broker
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Description: Lloyd’s announced the marketplace has secured a five-year £650 million ($897 million) reinsurance cover for its Central Fund—a move that aims to protect against adverse tail risk, while supporting growth and bolstering the market’s balance sheet. The £650 million protection, …
Full content: Lloyd’s announced the marketplace has secured a five-year £650 million ($897 million) reinsurance cover for its Central Fund—a move that aims to protect against adverse tail risk, while supporting growth and bolstering the market’s balance sheet. The £650 million protection, …
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Category: International & Reinsurance News
Date: Mon, 21 Jun 2021 08:52:30 +0000
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Monday, June 21, 2021

Owners of Ship that Blocked Suez Make New Compensation Offer with Canal Authority

ISMAILIA, Egypt – The owners of a container ship that blocked the Suez Canal in March have made a new offer in a compensation dispute with the canal authority, and a court ruling on the case was postponed for two …


Owners of Ship that Blocked Suez Make New Compensation Offer with Canal Authority
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Description: ISMAILIA, Egypt – The owners of a container ship that blocked the Suez Canal in March have made a new offer in a compensation dispute with the canal authority, and a court ruling on the case was postponed for two …
Full content: ISMAILIA, Egypt – The owners of a container ship that blocked the Suez Canal in March have made a new offer in a compensation dispute with the canal authority, and a court ruling on the case was postponed for two …
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Category: International & Reinsurance News
Date: Mon, 21 Jun 2021 06:42:19 +0000
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Monday, June 21, 2021

Citgo to Pay Additional $19.7M for Damage from Louisiana Refinery Spill

Citgo Petroleum Corp. of Houston has agreed to pay $19.7 million for environmental damage from a 2006 spill at a Louisiana refinery, the U.S. Department of Justice said. The agreement settles both state and federal environmental claims from the 2.2-million-gallon …


Citgo to Pay Additional $19.7M for Damage from Louisiana Refinery Spill
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Description: Citgo Petroleum Corp. of Houston has agreed to pay $19.7 million for environmental damage from a 2006 spill at a Louisiana refinery, the U.S. Department of Justice said. The agreement settles both state and federal environmental claims from the 2.2-million-gallon …
Full content: Citgo Petroleum Corp. of Houston has agreed to pay $19.7 million for environmental damage from a 2006 spill at a Louisiana refinery, the U.S. Department of Justice said. The agreement settles both state and federal environmental claims from the 2.2-million-gallon …
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Category: Texas / South Central News
Date: Mon, 21 Jun 2021 05:48:26 +0000
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Monday, June 21, 2021

Nebraska to Offer Additional Payments for 2019 Flood Recovery

Nebraska will pay out public assistance beyond what it normally offers to local governments hit by the 2019 floods, a state agency announced. The Nebraska Emergency Management Agency said Gov. Pete Ricketts has approved the payments for the state’s share …


Nebraska to Offer Additional Payments for 2019 Flood Recovery
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Description: Nebraska will pay out public assistance beyond what it normally offers to local governments hit by the 2019 floods, a state agency announced. The Nebraska Emergency Management Agency said Gov. Pete Ricketts has approved the payments for the state’s share …
Full content: Nebraska will pay out public assistance beyond what it normally offers to local governments hit by the 2019 floods, a state agency announced. The Nebraska Emergency Management Agency said Gov. Pete Ricketts has approved the payments for the state’s share …
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Category: Midwest News
Date: Mon, 21 Jun 2021 05:40:03 +0000
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