Global Indemnity’s Penn-America Underwriters Launches its First Reinsurance MGA
Global Indemnity Group LLC (GBLI) announced that its subsidiary, Penn-America Underwriters LLC, is launching its first reinsurance managing general agency […]
Hedge Funds Targeting Fire Insurance Hit a Wall in California
Hedge funds speculating on wildfire insurance claims in California were just dealt a legal blow, after the state adopted new […]
Markets/Coverages: Chaucer Launches Cyber Risk Management and Insurance Solution
Chaucer Group, the global specialty re/insurance group, announced the launch of Vanguard, a comprehensive cyber risk management and insurance solution […]
Denmark Reports Repeated Russian Naval Provocations in its Straits
Russian warships have repeatedly sailed on collision courses, aimed weapons at Danish naval vessels and disrupted navigation systems in Denmark’s […]
India Considers Introducing Nationwide Climate-Linked Insurance Scheme
India’s government has begun early-stage talks with local insurers about designing a nationwide climate-linked insurance program aimed at simplifying the […]
Malaysia’s Weststar Secures $309 Million Funding for Expansion
Malaysia’s financial services firm MBSB Bhd will provide MYR1.3 billion ($309 million) in funding to support the expansion of Weststar […]
Rural Texas Communities Weigh Pros and Cons of Data Centers
Kendra Kay loved growing up in the quiet of West Texas. She enjoyed the peacefulness brought in by the open […]
Activision Officials Must Face Claims Over Microsoft Takeover, Judge Rules
A Delaware judge said former Activision Blizzard officials including Chief Executive Bobby Kotick must face most of a lawsuit alleging […]
Cyber Group Extorts Executives After Claiming Oracle Apps Breach
Executives at large organizations are being extorted by a notorious ransomware group, which claims to have stolen data from them […]
Florida Was a Top Destination for Immigrants in Recent Years — and Economy Grew
After Paola Freites was allowed into the U.S. in 2024, she and her husband settled in Florida, drawn by warm […]
