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BASF to Pay $316 million to Settle PFAS ‘Forever Chemicals' Lawsuit
BASF to Pay $316 million to Settle PFAS ‘Forever Chemicals' Lawsuit
German chemical company BASF said on Tuesday it reached a $316.5 million settlement with some U.S. public...
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Japan's Insurers Surge on Buybacks, Unwind of Cross-Holdings
Japan's Insurers Surge on Buybacks, Unwind of Cross-Holdings
Shares of Japanese insurers MS&AD Insurance Group Holdings Inc. and Tokio Marine Holdings Inc. surged aft...
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Warburg Pincus, Temasek Buy Insurance Services Firm Specialist Risk Group in £1B Deal
Warburg Pincus, Temasek Buy Insurance Services Firm Specialist Risk Group i...
Warburg Pincus, a private equity firm focused on growth, is teaming up with Singapore's Temasek Holdings ...
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Former Executive Alleges Gender Bias, Retaliatory Firing by NEXT Insurance
Former Executive Alleges Gender Bias, Retaliatory Firing by NEXT Insurance
A former chief corporate officer for NEXT Insurance is accusing the company and its chief executive offic...
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Swiss Re to Withdraw From Digital Insurer iptiQ, Reports Strong Q1 Net Income of $1.1B
Swiss Re to Withdraw From Digital Insurer iptiQ, Reports Strong Q1 Net Inco...
Swiss Re announced plans to withdraw from its digital B2B2C insurance business, iptiQ, following a strate...
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Britain Rejects Call to Ban Gagging Orders in Financial Services Sector
Britain Rejects Call to Ban Gagging Orders in Financial Services Sector
Britain's Finance Ministry on Tuesday rejected a call to ban non-disclosure agreements (NDAs), which can ...
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Brazil States Ask Court to Double Amount Vale, BHP Should Pay for Mining Disaster
Brazil States Ask Court to Double Amount Vale, BHP Should Pay for Mining Di...
Two Brazilian states have asked a court to more than double the amount that miners Vale and BHP, plus a j...
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Florida OIR Fines Heritage P&C $1M for Ian Claims Issues
Florida OIR Fines Heritage P&C $1M for Ian Claims Issues
The Florida Office of Insurance Regulation in recent weeks has fined five property and casualty insurers,...
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EU Countries Approve Law to Slash Trucks' CO2 Emissions
EU Countries Approve Law to Slash Trucks' CO2 Emissions
European Union countries gave their final approval on Monday to a law to cut carbon dioxide emissions fro...
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Catastrophe Bonds Use Models Underestimating Climate Risks, Investors Say
Catastrophe Bonds Use Models Underestimating Climate Risks, Investors Say
The risk models that helped drive one of the most lucrative bets of 2023 are increasingly being tested by...
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