The European private credit market is gaining ground on the US, according to a report from Moody’s Ratings. Over the last several years, the depth of the market in Europe has lagged behind the US, mostly because of regulatory and …
European Private Credit Market to Catch Up With US, Moody’s Says Read More »
A U.S. judge on Wednesday held a three-hour hearing to consider objections to a deal between the Justice Department and Boeing that allows the planemaker to avoid prosecution on a charge stemming from two fatal 737 MAX plane crashes that …
Judge Questions DOJ Decision to Drop Boeing Independent Monitor Read More »
A Carrier Management summary of earnings metrics for the year so far reveals a second-quarter average combined ratio of roughly 88, and a year-to-date ratio of just under 92 for a cohort of 27 insurers. Among the group, made up …
The Year So Far: Liberty Mutual Improves Most Among Nationals; Discipline Tested Read More »
The European Union’s medicines regulator said on Wednesday there has been a surge in illegal medicines marketed as weight-loss and diabetes medicines online in recent months across the region, and warned about a serious risk to public health. Global shortages …
EU Regulator Flags Surge in Online Sales of Counterfeit Weight-Loss Drugs Read More »
With inland flooding, storm surge losses and government cutbacks on the rise, parametric flood insurance may finally be having a moment in Florida and elsewhere in the Southeast. “It’s starting to get some traction. We’re seeing more and more requests …
With Storms, Flooding and Potential FEMA Cuts, Parametric Flood is on the Rise Read More »
The U.S. property/casualty insurance industry recorded a net underwriting gain of $11.5 billion and net income of $49.1 billion for the first-half of 2025, according to a new report. “The lack of any significant natural catastrophes in the second quarter …
US P/C Insurance Industry First-Half Underwriting Profit Triples Read More »
A chemical leak and fire at a suburban New York beauty products warehouse Tuesday may have been caused by a forklift mishap, officials said, warning neighbors to stay indoors. Commuter trains were temporarily stalled in the area ahead of the …
Forklift Error at New York Beauty Products Warehouse Spurs Chemical Leak and Fire Read More »
A Pennsylvania man has been charged with tricking people into investing money he claimed would be used to buy thousands of automated teller machines, causing more than $400 million of investor losses, U.S. authorities said on Wednesday. Daryl Heller, 55, …
Pennsylvania Man Charged in $400 Million ATM Fraud Read More »
U.S. states of California, Oregon and Washington said on Wednesday they have launched a new health alliance to provide unified vaccine recommendations amid growing tensions over federal immunization policies and public health directives. Under the West Coast Health Alliance, the …
California, Oregon And Washington Form Health Alliance Amid Federal Vaccine Tensions Read More »
South Korea’s largest mobile operator was hit with a fine and stern criticism from the country’s privacy regulator after a cyberattack disclosed in April compromised the data of about half the nation’s population. The Personal Information Protection Commission on Thursday …
Korea Slaps Hefty Fine on SK Telecom for Years of Negligence Read More »
