News Center
Business Insurance - _Risk Management
Wells Fargo Advisors fined for anti-money laundering lapses
The U.S. Securities and Exchange commission on Friday said Wells Fargo Advisors had agreed to pay $7 million to settle charges of anti-money laundering-related violations.
POSTED MAY 20, 2022 2:18 PM |
Cincinnati wins COVID-related ruling against recreational park
A federal appeals court on Friday ruled against a recreational park in COVID-19-related business interruption litigation filed against Cincinnati Insurance Co.
POSTED MAY 20, 2022 2:15 PM |
Court puts sales ban on Ford's internet-linked cars in patent dispute
A German court has put a nationwide sales and production ban on Ford cars able to establish internet connection, it said, as part of a lawsuit over the violation of wireless technology patents.
POSTED MAY 20, 2022 2:03 PM |
3M ordered to pay $77.5M to veteran in latest earplug trial
A jury in a federal court in Pensacola, Florida, on Friday ordered 3M Co. to pay $77.5 million to a U.S. Army veteran who said he suffered hearing damage as a result of using the company's military-issue earplugs.
POSTED MAY 20, 2022 1:44 PM |
Accretive hires executive VP, wholesale
Accretive Insurance Solutions, AssuredPartners Inc.’s specialty wholesale and program administration company, said Friday it has named former ECC Insurance Brokers LLC executive Rob Roth as executive vice president of wholesale.
POSTED MAY 20, 2022 12:46 PM |
Google 'private browsing' mode not really private: Texas suit
The Google search engine collects data on users who think they can be anonymous if they use a "private browsing" mode, Texas Attorney General Ken Paxton claimed on Thursday, filing an amended privacy lawsuit against the Alphabet Inc. unit.
POSTED MAY 20, 2022 11:35 AM |
Putin promises to bolster Russia's IT security in face of cyberattacks
President Vladimir Putin said on Friday that the number of cyberattacks on Russia by foreign "state structures" had increased several times over and that Russia must bolster its cyber defenses by reducing the use of foreign software and hardware.
POSTED MAY 20, 2022 11:27 AM |
MGA Fusion Specialty unveils M&A insurance online
Managing general agency Fusion Specialty Insurance Pty Ltd. said Thursday it has introduced online mergers and acquisitions insurance in the U.S. for small and mid-size businesses.
POSTED MAY 20, 2022 10:50 AM |
Newfront hires from Marsh unit
Newfront Insurance Inc. said Thursday it had hired former Marsh McLennan Agency principal Jeff Simpson as a senior vice president.
POSTED MAY 20, 2022 10:14 AM |
Chubb shareholders reject limitations on insuring fossil fuel firms
Chubb Ltd. shareholders on Thursday rejected a proposal that would have limited the insurer’s ability to underwrite new fossil fuel supplies but approved a proposal requiring the company to produce a report on greenhouse gases associated with its insurance and investment activities.
POSTED MAY 20, 2022 10:02 AM |
insuranceNEWS.com.au
Queensland floods add to weather claims influx
Queensland storms over the past week have led to a further influx of claims as the industry deals with impacts from this year’s record-breaking flooding...
POSTED MAY 16, 2022 2:57 PM |
Amusement parks group vows to push on with mutual plan
The Australian Amusement, Leisure and Recreation Association has pledged to push on with its proposed discretionary mutual fund to address the insurance crisis facing its members, despite a Federal Government decision not to back it...
POSTED MAY 16, 2022 2:57 PM |
Climate, class actions, regulation top concerns
Climate change and class actions if left unchecked could be a major contributor to rising insurance costs and are key issues on the Australian risk radar, along with the pace of regulatory change, a Global Insurance Law Connect report says...
POSTED MAY 16, 2022 2:56 PM |
Perils shaves southern Australia storms loss estimate
Catastrophe data company Perils has slightly reduced its loss estimate for southern Australia severe storms that lashed three states with hail, heavy rainfall and wild winds...
POSTED MAY 16, 2022 2:55 PM |
NTI develops 'spilt milk' dairy tanker safety program
Transport and logistics specialist insurer National Transport Insurance is creating a new training program to improve road safety in the dairy industry...
POSTED MAY 16, 2022 2:55 PM |
Auckland-region flood claims top $70 million
Torrential rain, thunderstorms and flash flooding across Auckland and much of New Zealand’s North Island in March has led to 7647 claims so far worth an estimated $NZ79.61 million, Insurance Council of New Zealand says...
POSTED MAY 16, 2022 2:54 PM |
Business Insurance
Wells Fargo Advisors fined for anti-money laundering lapses
The U.S. Securities and Exchange commission on Friday said Wells Fargo Advisors had agreed to pay $7 million to settle charges of anti-money laundering-related violations.
POSTED MAY 20, 2022 2:18 PM |
Cincinnati wins COVID-related ruling against recreational park
A federal appeals court on Friday ruled against a recreational park in COVID-19-related business interruption litigation filed against Cincinnati Insurance Co.
POSTED MAY 20, 2022 2:15 PM |
Court puts sales ban on Ford's internet-linked cars in patent dispute
A German court has put a nationwide sales and production ban on Ford cars able to establish internet connection, it said, as part of a lawsuit over the violation of wireless technology patents.
POSTED MAY 20, 2022 2:03 PM |
3M ordered to pay $77.5M to veteran in latest earplug trial
A jury in a federal court in Pensacola, Florida, on Friday ordered 3M Co. to pay $77.5 million to a U.S. Army veteran who said he suffered hearing damage as a result of using the company's military-issue earplugs.
POSTED MAY 20, 2022 1:44 PM |
Accretive hires executive VP, wholesale
Accretive Insurance Solutions, AssuredPartners Inc.’s specialty wholesale and program administration company, said Friday it has named former ECC Insurance Brokers LLC executive Rob Roth as executive vice president of wholesale.
POSTED MAY 20, 2022 12:46 PM |
Nothing to like about latest Facebook scam
The Better Business Bureau is warning consumers of the latest Facebook scam: one of your friends sends you a message stating they saw your name on a list of people who have thousands of dollars in unclaimed workers compensation.
POSTED MAY 20, 2022 12:08 PM |
Google 'private browsing' mode not really private: Texas suit
The Google search engine collects data on users who think they can be anonymous if they use a "private browsing" mode, Texas Attorney General Ken Paxton claimed on Thursday, filing an amended privacy lawsuit against the Alphabet Inc. unit.
POSTED MAY 20, 2022 11:35 AM |
Putin promises to bolster Russia's IT security in face of cyberattacks
President Vladimir Putin said on Friday that the number of cyberattacks on Russia by foreign "state structures" had increased several times over and that Russia must bolster its cyber defenses by reducing the use of foreign software and hardware.
POSTED MAY 20, 2022 11:27 AM |
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