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Newsom Says California to Seek Tariff Exemptions From Allies
Gov. Gavin Newsom said he’s seeking exemptions for California-made products from retaliatory tariffs and wants to open talks with global allies over new trade relationships, casting the state as a buffer against the fallout of Donald Trump’s sweeping tariff plan. …
POSTED APRIL 04, 2025 4:43 PM |
Buyer-Friendly April Reinsurance Renewal Bodes Well for Mid-Year Renewals: Brokers
The April reinsurance renewals saw a competitive, buyer-friendly market with plentiful capacity and price reductions for loss-free accounts – in a continuation of the favorable market conditions seen in January, according to reports published by Aon and Gallagher Re. “The …
POSTED APRIL 04, 2025 4:38 PM |
People Moves: Conyers Joins Brown & Riding’s Environmental Practice Leadership
Brown & Riding, headquartered in Dallas, hired Robert Conyers Jr., to lead B&R’s environmental practice with Jeff Hubbard. With over eight years of industry experience, Conyers joined Brown & Riding in 2017 and was named a principal in 2023. In …
POSTED APRIL 04, 2025 3:37 PM |
Oracle Tells Clients of Second Recent Hack, Log-In Data Stolen
Oracle Corp. has told customers that a hacker broke into a computer system and stole old client log-in credentials, according to two people familiar with the matter. It’s the second cybersecurity breach that the software company has acknowledged to clients …
POSTED APRIL 04, 2025 2:34 PM |
Pennsylvania Woman Charged With Filing Claim on Barn Pulled Down by TV Show
A Pennsylvania woman who sold part of her barn for use in a barn-rebuilding TV reality show now faces charges after investigators said she filed a fraudulent wind claim on the structure. Tracey Jeffreys, 63, of the Milton area, had …
POSTED APRIL 04, 2025 2:20 PM |
Peak Re Granted License to Open Reinsurance Branch in India
Peak Reinsurance Co. Ltd., a Hong Kong-based global reinsurer, announced it was granted a reinsurance branch license in India. Peak Re has been authorized to write both property/casualty and life & health business, which the company said “marks a significant …
POSTED APRIL 04, 2025 1:49 PM |
People Moves: The Hanover Creates COO Position, Names Lavey to the Job
The Hanover, based in Worcester, Massachusetts, named Dick Lavey to the newly created role of chief operating officer, the property-casualty insurer said. Lavey has 35 years of experience in insurance and technology, including the past 19 years at The Hanover …
POSTED APRIL 04, 2025 1:46 PM |
Markets/Coverages: Travelers Adds Enhanced Services for Cyber Liability; Willis AdWrap for Marketing and Ad Production
The Travelers Companies launched Travelers Cyber Risk Services, a suite of capabilities added to all cyber liability policies designed to help lower the risk of a cyberattack and the cost to recover from one. In addition to always-on threat monitoring …
POSTED APRIL 04, 2025 12:48 PM |
Leaked Files Raise Fears About Shell Oil Production Fleet, Years After Devastating Spill
Off the coast of Nigeria, one of the world’s largest oil production ships, called the Bonga, was taking oil from a field on the ocean floor and transferring it to a tanker ship. Such transfers are routine in the offshore …
POSTED APRIL 04, 2025 12:32 PM |
UK Financial Services Industry Slow to Hire Women to Top Roles, Report Finds
Britain’s financial industry has made little progress in recruiting more women to top positions, a new report from the UK finance ministry said on Thursday, a pace of change the head of British insurer Aviva called “unacceptable.” Further progress may …
POSTED APRIL 04, 2025 11:31 AM |
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