News
MAPFRE Denied Injunction Against AAA Auto Insurance Sales in Massachusetts
MAPFRE Insurance has been denied a preliminary injunction to keep AAA Northeast from selling auto insurance policies in Massachusetts in what the insurer says is a violation of an exclusive marketing ...
Data Center Boom Offers Organic Growth Opportunities for Brokers Like Aon, Marsh
The global boom in the construction of data centers – driven by the growth of generative artificial intelligence (AI) and machine learning – is creating organic growth opportunities for major ...
Private Employer Reported Workplace Injuries Down in 2024: Report
Private industry employers reported 2.5 million nonfatal workplace injuries and illnesses in 2024, down 3.1% from 2023, the U.S. Bureau of Labor Statistics reported last month. It's the lowest number ...
Delaware’s Top Court Slashes $100M+ in Legal Fees in Tesla Director Pay Lawsuit
The Delaware Supreme Court handed Tesla a victory on Friday, slashing by more than $100 million the legal fees owed to shareholder lawyers who successfully sued directors at Elon Musk's electric car ...
Africa Holds Worst Road Safety Record, Despite Having Just 3% of Cars
A deadly car crash in Nigeria involving former heavyweight boxing champion Anthony Joshua and two minibus accidents in South Africa days apart that killed at least 25 people have underlined Africa's ...
Munich Re Launches Pandemic Consortium via Lloyd’s Market
Munich Re Specialty – Global Markets, Syndicate announced the launch of The Pandemic Consortium, a Lloyd's market initiative which will be focused on offering parametrically triggered catastrophic ...
AIG, Chubb Can’t Use ‘Bump-Up’ Provision in D&O Policy to Avoid Coverage
A state high court has ruled subsidiaries of American International Group (AIG) and Chubb cannot use the so-called "bump-up" exclusion in denying coverage for a settlement in a securities lawsuit. ...
Capgemini to Sell U.S. Unit Linked to ICE
French IT company Capgemini will sell its U.S. subsidiary Capgemini Government Solutions, it said on Sunday, after coming under pressure to explain a contract the latter signed with U.S immigration ...