CyberCube Loss Estimate From AWS Outage: Likely About $40M
Cyber analytics firm CyberCube said losses from the Amazon Web Services outage could eclipse $581 million. CyberCube late last week […]
People Moves: Liberty Mutual Re Taps Aldwinckle From AXA XL Re as CUO, International Casualty; Re/Insurer IQUW Bermuda Names Guy Carpenter’s Mitchell as CUO
This edition of International People Moves details appointments at Liberty Mutual Reinsurance and IQUW Bermuda. A summary of these new […]
After $7M in Local Incentives, Alfa Launches Renovation of New HQ in Montgomery
Alfa Insurance is moving into new headquarters in Montgomery, Alabama. But first, the space has to be renovated, the insurer […]
ExxonMobil Sues California, Claims New Green Laws Violate Speech
ExxonMobil Corp. has sued California, arguing that two new state laws violate the First Amendment by trying to force it […]
Alabama DOI Requiring Use of SLIP+ Platform for Surplus Lines Reporting
Alabama has become the seventh state to adopt the “SLIP+ for States” reporting and payment platform for surplus lines data […]
Suspects in Louvre Heist in Custody After Week-Long Manhunt
French authorities have arrested several suspects after a frantic manhunt for the men who staged a spectacular daytime heist at […]
Hurricane Melissa Explodes in Strength, Poses Peril for Jamaica
Hurricane Melissa strengthened further after pausing for most of Sunday south of Jamaica, with forecasters fearing the historic storm will […]
HSBC to Take $1.1 Billion Hit After Luxembourg Court Ruling in Madoff Case
HSBC Holdings said on Monday it would book a $1.1 billion provision in its third-quarter results after losing part of […]
HK Startup Aims to Launch Satellites for 3D Wind Data, SCMP Says
Hong Kong startup Stellerus aims to create a constellation of satellites to become the world’s first provider of three-dimensional wind […]
AM Best Revises Outlooks to Stable for Members of Illinois’ Pekin Insurance Group
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A- (Excellent) […]
