Category: Insurance Journal

A North Carolina judge has ordered $50 million be paid to the family of a Charlotte TV station meteorologist who was killed in a helicopter crash three years ago after finding the companies that owned and operated the aircraft liable …

Stellantis detected unauthorized access to a third-party service provider’s platform that supports its North American customer service operations, the company said in a statement on Sunday. The automaker said the incident, which is under investigation, exposed only basic contact information …

A Massachusetts jury has awarded $83 million to the estate of a woman who died from mesothelioma caused by asbestos in ceramics products. The jury returned the verdict against the maker of the ceramics products, American Art Clay Co. The …

Ardonagh Europe, part of The Ardonagh Group and headquartered in Dublin, Ireland, has agreed to acquire Groupe Leader Insurance (GLI), one of the top 10 wholesale and multi-specialist brokers in France. Founded in 2003 by entrepreneur Yoann Chery, GLI has …

This edition of International People Moves details appointments at Lockton Re and Marsh McLennan. A summary of these new hires follows here. Lockton Re Taps Le Flufy From Gallagher Re as Global Head of Cyber Lockton Re, the reinsurance business …

Increased wildfire smoke could lead to 1.4 million premature deaths globally each year by the end of this century, according to a new study. Scientists at China’s Tsinghua University found that early deaths linked to particulate matter in wildfire smoke …

Eight months after Assicurazioni Generali SpA and BPCE SA announced their intention to create Europe’s second-biggest asset manager, their plan is looking increasingly fragile. Neither firm has yet submitted the contract for signing to their respective boards even though that …

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China’s giant electric vehicle insurance market is flailing. Losses are piling up, as companies’ risk models haven’t kept up with changes in vehicle economics and driver behaviors. The country now has tens of millions of electric cars on its roads, …

Hong Kong is bracing for widespread damage and disruption from the approaching Super Typhoon Ragasa, which is currently churning off the northern coast of the Philippines with tree-snapping winds. The powerful storm is packing maximum sustained winds of 230 kilometers …