Why Big Oil Is Asking EPA Not to Cut its Polluter Reporting Program
The Environmental Protection Agency says its proposal to stop greenhouse gas reporting for big polluters could save oil and gas companies up to $256 million a year. Some of them are countering that it could hurt their business instead. Companies, …
GEICO Sues Medical Firms in Florida, NY Over Alleged No-Fault Auto Fraud
GEICO is taking aggressive action against medical firms in Florida and New York, accusing them of leading multimillion-dollar, no-fault auto insurance fraud schemes. In a lawsuit filed this month in federal court in Tampa, GEICO charged that AJ Therapy Center …
Big Food Readies New Strategy Against RFK Jr. Push in States
Health Secretary Robert F. Kennedy Jr. has spent months criss-crossing the country, cheering on Republican governors who have signed laws aimed at improving their food supply. Now food and beverage companies including Kraft Heinz Co., Conagra Brands Inc., PepsiCo Inc. …
China Trade Spat Threatens Wisconsin’s ‘Napa Valley’ of Ginseng
The cool woodlands of central Wisconsin boast soils packed with Ice Age mineral deposits that make the area perfect for the cultivation of ginseng, a medicinal root that has been exported to Asia for more than 300 years. Sliced and …
Lyft Protected by Florida’s 2017 Law in Driver’s Miami Crash, Appeals Court Says
The ride-sharing company known as Lyft and its insurers are largely protected from negligence and vicarious liability lawsuits in accidents, thanks to Florida’s 2017 statute governing app-based ride networks, a state appeals court decided Wednesday. The ruling by Florida’s 3rd …
NY Insurance Regulator Warns of Cyber Threats From Third-Party Service Providers
The New York State financial services regulator warns insurance companies, banks and other financial services institutions of the cyber risks associated with the growing use of third-party service providers (TPSP). Exposure to threats will continue to grow as reliance on …
Google Backs Gas Power Plant With Carbon Capture for Midwest Data Centers
Google has entered into the first corporate agreement to buy electricity from a U.S. power plant using carbon capture and storage in a deal to help fuel its data centers in the country’s Midwest region, the technology company said on …
Disaster Relief Fund Hits Critical Low as Shutdown Endures
As the US government shutdown hurtles through a fourth week, the main source of federal funding for disaster relief efforts is running critically low, according to people familiar with the matter and an internal report reviewed by Bloomberg. The Disaster …
People Moves: Acrisure Re Appoints Morrison
Acrisure Re, the reinsurance division of global fintech leader Acrisure, appointed Dan Morrison senior vice president. Based in New York, Morrison supports Acrisure’s in-house U.S. delegated underwriting team, a key client for Acrisure Re through its expanding portfolio of programs. …
Thames Among UK’s Worst-Polluting Water Firms as Incidents Rise
Thames Water was among Britain’s most-polluting water companies last year as the total number of serious incidents jumped 60%, the Environment Agency said Thursday. Thames’ failure to improve its environmental performance, as well as sky-high debts, have left the firm …
Old Republic to Acquire Small Farmowner Insurer Everett Cash Mutual
Old Republic International Corp., the Chicago-based specialty insurer, announced it has entered into a definitive agreement to acquire Everett Cash Mutual Insurance Co. and its affiliated companies (ECM), following its conversion to a stock company in a sponsored demutualization transaction. …
New Jersey Claims Amazon Discriminated Against Pregnant, Disabled Workers
The state of New Jersey sued Amazon.com on Wednesday, accusing the company of unlawfully refusing workplace accommodations to warehouse employees who have disabilities or were pregnant and firing some who asked for them. The lawsuit filed in New Jersey state …
Japanese Companies Brace for More Attacks as Cybercrimes Climb
The recent wave of cyberattacks against Japanese businesses has exposed critical weaknesses in the country’s corporate digital defenses, fueling fears of further disruption to sales and supply chains.In the past month, Asahi Group Holdings Ltd. was forced to take its …
Tropical Storm Melissa Brings Heavy Rain to Haiti, Dominican Republic and Jamaica
Tropical Storm Melissa began dumping heavy rain on Hispaniola on Tuesday as forecasters warned of a significant flood risk in parts of the Caribbean region later this week. The rains snarled traffic in the Dominican Republic’s capital, Santo Domingo, and …
Global Commercial Insurance Rates Drop 4% in Q3, for 5th Quarterly Decline: Marsh
Global commercial insurance rates fell, on average, by 4% in the third quarter of 2025, repeating the 4% decline recorded in Q2 2025, according to the latest Global Insurance Market Index published by Marsh, the insurance brokerage business of Marsh …
This Pollution Lawsuit Could Reach Far Beyond Banks of River Wye in UK
The River Wye used to be full of wild salmon. Today it is full of algae. And the meandering waterway which has long attracted anglers, hikers and poets is now the subject of a major pollution lawsuit. The case – …
New Zealand Issues Rare Red Warnings Amid Destructive Spring Storm
New Zealand’s weather agency issued rare red wind warnings and officials declared a state of emergency in the Canterbury region as a powerful spring storm brought destructive gales and heavy rain to the South Island and lower North Island on …
Industry Groups Applaud Bill to Treat Forests, Mitigate Wildfire Risk
Insurance industry trades praised a Senate committee for the passage this week of the Fix Our Forests Act, a measure to address high-risk wildfire regions. “The risk of wildfire can no longer be ignored or underestimated. We need action to …
Viewpoint: Insurance and AI – A Double-Edged Sword
Artificial intelligence (AI) is revolutionizing the insurance business. Insurers recognize and are already taking advantage of the manifold ways in which AI can significantly improve their routine processes, decision-making and risk management. At the same time, some insurers recognize the …
Markets/Coverages: Verisk Offers Insurers a Standardized Pet Insurance Program
Insurance data and technology firm Verisk has released a pet health insurance program offering U.S. insurers a standardized pet insurance program. Verisk’s new ISO Pet Insurance Line of Business program provides insurers looking to enter or expand in this growing …
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Comunicados de prensa más recientes
Gran Caimán, Islas Caimán, 24 de junio de 2020. El CCRIF SPC realizó un pago de US$203.136 al Gobierno de Belice por su póliza de seguro paramétrico de exceso de lluvia después de tres días de fuertes lluvias durante las tormentas tropicales Amanda y Cristóbal. Amanda fue un ciclón tropical que se originó en el Océano Pacífico y provocó lluvias que afectaron a Belice el 30 de mayo y luego se debilitaron.
Gran Caimán, Islas Caimán, 22 de junio de 2020. El CCRIF pagó al Gobierno de Guatemala aproximadamente US$3,6 millones bajo su póliza de seguro paramétrico de exceso de lluvia (XSR) por nueve días de lluvia que ocurrieron durante las tormentas tropicales Amanda y Cristóbal. La póliza se activó por las lluvias que comenzaron el 31 de mayo.
Gran Caimán, Islas Caimán, 16 de junio de 2020. El CCRIF SPC se complace en anunciar que los países miembros del Consejo de Ministros de Hacienda o Finanzas de Centroamérica, Panamá y República Dominicana (COSEFIN) recibirán beneficios especiales en las pólizas de seguro paramétrico del CCRIF SPC para el año de póliza 2020/21 como apoyo a la respuesta regional a la pandemia de COVID-19.
Gran Caimán, Islas Caimán, 2 de junio de 2020.
Gran Caimán, Islas Caimán, 5 de diciembre de 2019.