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Brookfield Hires Head for Entry Into Japan Reinsurance Market Brookfield Wealth Solutions, has entered the reinsurance business in Japan and has hired Tomohide Yokooka, formerly of Barclays Plc, as managing director and country head, according to people familiar with the matter. Brookfield Wealth, which was spun out from North …
POSTED OCTOBER 29, 2024 10:46 AM |
J&J’s $8.2 Billion Talc Settlement Faces January Court Test The fate of Johnson & Johnson’s latest push to use bankruptcy courts to end thousands of cancer lawsuits tied to its iconic baby powder now hinges on a high-stakes trial in January. After months of wrangling, a federal judge in …
POSTED OCTOBER 29, 2024 8:54 AM |
Soft Commercial Market Ahead: Prepare for Underwriter ‘Herd Behavior’ Executive Summary: During the period 2013 through 2018, the U.S. did not become less litigious nor did Atlantic sea surface temperatures get less warm. Yet rates for U.S. excess liability and Atlantic hurricane both reduced, observe the co-founders of UWX. …
POSTED OCTOBER 29, 2024 6:52 AM |
People Moves: The Hartford Announces New Leadership Appointments In Global Specialty The Hartford, headquartered in Hartford, Connecticut, has expanded Michael Garrison’s role to include the international division in addition to his current responsibilities as head of the company’s U.S. wholesale organization. Garrison joined Navigators in 2021 as the head of wholesale. …
POSTED OCTOBER 29, 2024 6:00 AM |
Delta Sues CrowdStrike Over ‘Catastrophic’ Software Glitch Delta Air Lines Inc. sued cybersecurity firm CrowdStrike Holdings Inc. over the chaos caused this summer by a “catastrophic” software update that disabled millions of computers worldwide and grounded much of the airline’s passenger fleet. The update crippled Delta’s operations …
POSTED OCTOBER 29, 2024 5:06 AM |
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