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Lloyd’s Probes Possible Cyber Attack
Lloyd’s of London is investigating a possible cyber attack, the re/insurance market has confirmed. “Lloyd’s has detected unusual activity on its network, and we are investigating the issue. As a precautionary measure, we are resetting the Lloyd’s network and systems. …
POSTED OCTOBER 06, 2022 7:41 AM |
Judge Temporarily Blocks Two State Lawsuits Over J&J Talc Marketing
A U.S. bankruptcy judge has blocked New Mexico and Mississippi from pursuing lawsuits accusing Johnson & Johnson misleading consumers about the safety of its talc products, such as its baby powder, for now. U.S. Bankruptcy Judge Michael Kaplan in Trenton, …
POSTED OCTOBER 06, 2022 6:29 AM |
People Moves: Arch Ins. Int’l Names Lockton’s Stallard as Cargo U/W; Beazley Hires van Ommeren as Financial Lines U/W; Aon Reinsurance Taps Sompo’s Shedden for Analytics
This edition of International People Moves details appointments at Arch Insurance International, Beazley, and Aon Reinsurance Solutions. A summary of these new hires follows here. Arch Insurance Int’l Names Lockton’s Stallard as Cargo U/W Arch Insurance International announced the appointment …
POSTED OCTOBER 06, 2022 6:10 AM |
Indonesia’s Deadly Soccer Stampede Blamed on Locked Doors, Steep Stairs
Locked stadium doors were a key reason why an Indonesian soccer riot turned so deadly, President Joko Widodo said on Wednesday, ordering an urgent review of safety in stadiums and suggesting that the sport’s governing body FIFA could help fix …
POSTED OCTOBER 06, 2022 6:00 AM |
Gallagher’s Pen Underwriting Agrees to New Capacity Deal With Aviva
Pen Underwriting, the London-based managing general agent and Arthur J. Gallagher subsidiary, announced a new multi-year strategic partnership with Aviva in support of its personal lines and property owners’ business, which will see Aviva providing capacity for over £100 million …
POSTED OCTOBER 06, 2022 5:45 AM |
CFC Launches Innovation Hub in London
CFC, the specialist managing general agent, announced the launch of a dedicated Innovation Hub. Located in new premises on Whittington Avenue in the City of London, CFC’s Innovation Hub will act as CFC’s research and development center supporting over 100 …
POSTED OCTOBER 06, 2022 5:45 AM |
Howden’s Aston Lark Ireland Acquires Pembroke Insurances
Aston Lark Ireland, a Howden company, announced the acquisition of Pembroke Insurances Ltd. Set up by Graham Weir and John McGuire, Pembroke Insurances has been providing commercial insurance solutions since 2007 and has grown to be a trusted name within …
POSTED OCTOBER 06, 2022 5:30 AM |
Real-Time Tech: Supply Chain Analysis Tools
Transparency is the key to managing supply chain risk. But some businesses only focus on selective financial information from their suppliers, which can leave them exposed. Beyond creditworthiness, there are many additional threats to consider—such as second-, third- and fourth-tier …
POSTED OCTOBER 06, 2022 5:30 AM |
After Ian Swamped His Office and Home, Florida Insurance Agent Picking Up the Pieces
John Gardner this week found himself in a position no insurance agent would like to be in: no office to work in, no electrical service and no internet, but with hundreds of policyholders clamoring to file claims. And nearby, his …
POSTED OCTOBER 06, 2022 5:01 AM |
Atlantic City Casino Sued for Allegedly Paying Gambler to Keep Malfunctions Secret
A New York City man is suing an Atlantic City casino, its parent company and its online betting partner, alleging he was repeatedly disconnected while gambling online, and was given payments to prevent him from reporting the malfunctions to New …
POSTED OCTOBER 06, 2022 5:00 AM |
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