Bayer AG’s Monsanto unit stopped making toxic PCBs a half century ago, but the legal fallout lingers even as many of the building materials made with the chemicals are no longer used in US homes, schools and factories. On Tuesday …
Bayer Faces Billions in Payouts for Decades-Old Toxic Mess Read More »
This edition of International People Moves details appointments at Lloyd’s and White Bear Group. Details of these new hires follows here. Lloyd’s Appoints AIG Veteran Baugh as New Council Member, Succeeding Maidment Lloyd’s, the insurance and reinsurance marketplace, announced that …
Lloyd’s syndicate AEGIS London announced the creation of a new Portfolio Solutions division that will focus on following third-party underwriting expertise in the London market. Led by respected underwriter Richard Palengat, Portfolio Solutions will allow AEGIS London to engage with …
Lloyd’s Syndicate AEGIS London Launches Portfolio Solutions Division Read More »
This past year, 2024, was the warmest ever measured for the global ocean, following a record-breaking 2023. In fact, every decade since 1984, when satellite recordkeeping of ocean temperatures started, has been warmer than the previous one. A warmer ocean …
Extreme Ocean Heat Breaks Records in 2024, Creating 2 Mysteries to Solve Read More »
The family of former Leicester soccer club owner Vichai Srivaddhanaprabha has filed the largest fatal accident claim in English history after the Thai billionaire died in a helicopter crash in 2018, representatives said Friday [Jan. 10]. The High Court claim …
Family Seeks Record $2.6 Billion After Fatal Helicopter Crash Read More »
The UK’s push to deregulate its way to growth has got veterans of the last financial crisis worried that it’s sowing the seeds for another crash. Labour, for decades the political party that favored taming the City of London, now …
Reeves’ Pressure on UK Watchdogs Spooks Financial Crisis Veterans Read More »
The forecast for identity theft scams and cybercrime in 2025 is bleak, according to the Identity Theft Resource Center (ITRC). It’s anticipated there will be reduced support for victims and less law enforcement focus, likely leading to a rise in …
An Increase in Identity Theft, Cybercrime Predicted in 2025 Read More »
The National Association of Mutual Insurance Companies (NAMIC) promoted Tony Cotto to assistant vice president and counsel for federal and political affairs. He previously served as NAMIC’s director of auto and underwriting policy. Cotto will represent NAMIC before federal officials …
People Moves: NAMIC Promotes Cotto to Counsel of Federal and Political Affairs Read More »
Devastating fires in the Los Angeles area are likely to put modest pressure on the U.S. national economy in the near term but are unlikely to derail strong forward momentum, economists say. Forecasters reckon the fires’ destruction of property and …
Economists Say Los Angeles Fire to Have Limited National Economic Impact Read More »
Assicurazioni Generali SpA and Natixis SA are close to a deal for a joint venture in asset management to cut costs and team up on distribution, according to people familiar with the matter. The two firms are still finalizing details …
Generali Near Deal With Natixis for Asset Management Venture Read More »
