Indian businessman Prateek Gupta asked a London judge on Tuesday to lift an order freezing his personal and business assets, alleging that commodity trader Trafigura […]
Trafigura Staff Tried to Hide Nickel ‘Red Flags,’ Gupta Says in Court Document
Staff at Trafigura Group worked with alleged fraudster Prateek Gupta to ensure that their dealings would not raise the suspicion of key lender Citigroup Inc., […]
Insurers Heavily Exposed to Impact of Climate Change: Global Watchdog
Insurers are heavily exposed to the impact of climate change and also face risk from their alternative investments in reinsurance, the International Association of Insurance […]
Attacks on Red Sea Shipping Menace 12% of Global Trade as War Risk Premiums Rise
Fresh attacks on vessels in the Red Sea are raising insurance premiums for ships in the region and menacing commerce in a conduit for 12% […]
Markets/Coverages: No Application Needed for New NOW Insurance MedMal Coverage
NOW Insurance, an artificial intelligence-enabled commercial insurance platform specializing in medical professional liability coverage, recently launched coverage for physicians and physician groups in their online […]
As Homeowners Face Mounting Disasters, Reality TV Wants to Help
Television networks are tapping into a mounting challenge affecting many US homeowners: Rebuilding after disasters. Rachael Ray — the chef whose TV programs on quick […]
Catholic Nuns Sue Smith & Wesson to Halt its Assault-Style Weapons Sales
A group of Catholic nuns have sued the board of Smith & Wesson to try to force the gunmaker to abandon the manufacture, marketing and […]
Florida Commissioner, NAMIC Latest to Push Back on Federal Climate Change Data Call
Florida’s insurance commissioner and the National Association of Mutual Insurance Companies are pushing back against a plan by the U.S. Treasury to collect data from […]
Credit Union Worker Set Fire to Get Insurance to Replace Money She Stole
A Pennsylvania credit union employee who set a fire in order to file an insurance claim for money she had earlier embezzled has been sentenced […]
Car Fire on New Hampshire Interstate Sets Off Ammunition
A fiery crash on Interstate 93 in New Hampshire set off hundreds of rounds of ammunition before firefighters were able to douse the blaze, state […]