A shadow-fleet oil tanker that crashed in Denmark’s vital straits produced a set of insurance documents that weren’t valid, a stark example of how there’s little clarity about who would pay the bill if such a ship had a major disaster. The Andromeda Star, an 820-foot vessel capable of transporting about 730,000 barrels of oil,…
He said: “Now that you can only get in the region of £250 for whiplash set by the tariff, people can claim damages up to £2,400 because they’ve been shunted in a car park and hit their knee on the steering wheel.” Under the 2021 Whiplash Reforms, the amount of compensation paid to victims of…
Newcastle United have spent some of their biggest transfer fees on players aged 25 and under who can develop under Eddie Howe and that strategy looks set to continue
There’s a 66 per cent increase in the median sum insured, from Rs 3 lakh to Rs 5 lakh, according to a study released by Plum, an insurtech platform in India, called ‘The State of Employee Benefits 2024.’ The study covered over 4500 companies. Moreover, there’s been a doubling in the adoption of flexible benefits…
Early on Halloween morning 2019, Colby Trickle called 911 saying his 26-year-old wife, Kristen Trickle, shot herself in their home in Hays, Kansas. Sergeant Brandon Hauptman from the Hays Police Department was the responding officer. After speaking with Colby Trickle, and looking at the scene, he was suspicious. Hauptman wondered if Colby Trickle had something…
A decision by US authorities to ban non-competition clauses in employment contracts need not crimp the style of leading re/insurance brokerage groups or threaten them with an increase in producer attrition, top industry leaders have claimed. Both Arthur J Gallagher and WTW claim to hire producers without relying on non-competition clauses, leaning instead on non-solicitation…
Agroseguro has issued a statement denying the claims made by Asaja and COAG about the alleged elimination of virus coverage in the insurance for protected cultivation of vegetable crops in the 2024 Plan. In recent years, the insurer stated, adjustments have been made to the insurance line of these crops to mitigate the existing imbalance,…
Comarch has been enlisted by P&V Group to bolster the company’s digital insurance solutions as part of their continued collaboration. The partnership will see P&V Group adopt Comarch’s Employee Benefits solution, as they expand on their existing relationship, which already sees them implement the Comarch Digital Insurance solution in their life insurance business. The innovative…
The ratings agency said the upgrade reflected MS Re’s “very strong” balance-sheet.
Steven Robles and Mrunal Pandit earn top risk management honors from RIMS in 2024. Steven Robles, assistant chief executive officer / county risk manager for the County of Los Angeles, has been named the 2024 RIMS Risk Manager of the Year, with Mrunal S. Pandit, senior manager-insurance for Tata Consumer Products Ltd., inducted into the…