Ceding companies are finding that a responsive reinsurance market has materialized for the Jan. 1, 2024 renewals – a reflection of ample capacity and a commercial approach to trading partnerships, according to Guy Carpenter, the reinsurance business of Marsh McLennan. …

JACKSON, Miss. (AP) — The Mississippi Department of Health said Wednesday that “a large number” of medical marijuana products are on hold so they can be retested. The department first issued the hold on Dec. 21. A news release from …

MIAMI (AP) — Emergency workers in south Florida this week tried to rescue a 71-year-old pilot of a helicopter that crashed into a canal. The man’s daughter swam to safety but the pilot could not be saved, according to news …

Aspire General Insurance Company, headquartered in Rancho Cucamonga, Calif., named Bilal Alam actuary and chief data officer and Tom Newgarden as an Aspire board member. Alam previously served as vice president and head of reinsurance at National General Insurance Company …

Property/casualty insurer Hallmark Financial Services said it has voluntarily delisted from Nasdaq after failing to meet requirements to remain on the stock exchange. Hallmark on Dec. 26 provided notice to Nasdaq. The company said its shares will be suspended in …

Extreme weather in Germany again caused high insurance claims this year, with an estimated price tag of €4.9 billion (US$5.4 billion) during 2023, according to the German Insurance Association (GDV). This extreme weather – also known as severe convective storms …

A petition to invoke appraisal is not the same thing as a motion to compel arbitration, the Alabama Supreme Court ruled Friday. The high court dismissed an appeal by Great American Insurance Co. that sought to overturn a trial court’s …

The Securities and Exchange Commission’s failure to complete an ambitious climate-related agenda in 2023 is making environmental activists nervous. Less than a year before a US presidential election that could scuttle the regulator’s environmental, social and governance efforts, the SEC …

Hapag-Lloyd will continue to divert its vessels around the Suez Canal for security reasons, a spokesperson for the German container shipper said on Friday, adding a further assessment would be made on Jan. 2. Mitsui O.S.K. Lines and Nippon Yusen, …

A storm that battered the UK with high winds and heavy snow damaged houses, canceled trains and left thousands of people without electricity Thursday across Scotland and parts of northern England. Workers dealt with wind speeds of 80 miles per …

Less than a month after New York insurance regulators said a title insurer would pay $1 million for violations of a cybersecurity regulation stemming from a 2019 breach, the holding company for the insurer revealed a more recent cybersecurity incident. …

Alphabet’s Google has agreed to settle a lawsuit claiming it secretly tracked the internet use of millions of people who thought they were doing their browsing privately. U.S. District Judge Yvonne Gonzalez Rogers in Oakland, California, put a scheduled Feb. …

Chinese lawmakers changed the country’s Company Law by setting tougher capital rules for registering a new firm, an effort to close loopholes in corporate governance and prevent financial risks. The revised law takes effect July 1, 2024, the official Xinhua …

Chinese online retailer JD.com 9618.HK said on Friday that it won a lawsuit against rival Alibaba 9988.HK, which was fined 1 billion yuan ($140.68 million) for monopolistic practices. The High People’s Court of Beijing ruled that Alibaba Group Holding Limited …

MINNEAPOLIS (AP) – Attorneys for a woman who was denied emergency contraception in 2019 told the Minnesota Court of Appeals Thursday that the pharmacist who refused to fill the prescription discriminated against her on the basis of her sex. But …

Devouring books from a young age, Sheena Almaera Maryam had been excited about her first day of kindergarten near Jakarta. But when she developed a fever in September 2022, the syrup she was prescribed turned out to be toxic. It …