Jamaica Catastrophe Bond Headed for Full Payout After Hurricane, World Bank Says
Investors in Jamaica’s catastrophe bond now face a 100% payout after Hurricane Melissa set off a full trigger event, according […]
People Moves: MMA Appoints Balentine as President of National Business Insurance
Marsh McLennan Agency (MMA), headquartered in White Plains, New York, appointed Adam Balentine as President of National Business Insurance. Based […]
Markets/Coverages: Fidelis Launches Construction Consortium to Cover AI Data Centers
The Fidelis Partnership (TFP), the Bermuda-based managing general underwriter, announced the launch of a consortium that targets risks associated with […]
Explosion at Mississippi Chemical Plant Causes Ammonia Leak, Evacuations
An explosion at a hydrogen and nitrogen product manufacturer in Mississippi on Wednesday caused an ammonia leak and forced nearby […]
Louisiana Farm Bureau to Benefit From Demutualization, AM Best Says
AM Best has placed under review with positive implications the Financial Strength Rating of B++ (Good) and the Long-Term Issuer […]
Former Injury Lawyer and SC House Member Indicted on Charges of Defrauding Clients
A former South Carolina state lawmaker and injury lawyer has been indicted on federal allegations that he schemed to defraud […]
Chicago Jury is Picked in Boeing Trial Over Payouts Related to Ethiopia Crash
More than six years after a Boeing 737 Max jetliner crashed in Ethiopia, the first civil trial related to the […]
Zurich Invests Heavily in Underwriting Talent to Boost Mid-Market, Specialty Growth
Zurich Insurance Group is continuing to expand its middle market and specialty footprint by investing heavily this year in targeted […]
Jury Awards $10 Million to Virginia Teacher Shot by 6-Year Old Student
A jury in Newport News, Virginia has awarded $10 million to a teacher who was shot by a 6-year-old student. […]
Boeing Avoids US Criminal Charge in 737 Max Jet Crash Case
Boeing Co. will avoid a criminal charge over two fatal 737 Max crashes after a federal judge paved the way […]
