U.S.
Hurricane Laura Rivals Katrina’s Threat to US Oil Industry
Oil production shutdowns in the U.S. Gulf of Mexico are approaching the level of 2005's Hurricane Katrina, and coastal refiners on Tuesday scrambled to cut processing ahead of a major hurricane ...
Hedge Fund Makes $3B From Bet on Wildfire Insurance Claims
Baupost Group, the hedge fund run by Seth Klarman, received more than $3 billion in July from its bet on insurance claims against PG&E Corp. connected to a series of deadly California wildfires, ...
Pandemic Accelerating Volatile 2020 Political Risk Landscape: Marsh JLT Specialty
The global COVID-19 pandemic has exacerbated an "already volatile political risk landscape," according to a midyear update to Marsh JLT Specialty's Political Risk Map 2020. In fact, all 197 countries ...
Executives On The Move at Hamilton, BHSI and CopperPoint
Hamilton Insurance Group hired an executive to lead development of its mergers and acquisitions division in North America and Latin America. Berkshire Hathaway Specialty Insurance named a new Head of ...
One Tropical Storm Weakens; Another Poised to Become a Hurricane
Tropical Storm Laura was strengthening in the Caribbean and poised to accelerate into a hurricane by Tuesday while Tropical Storm Marco weakened sooner than expected, sparing the U.S. Gulf Coast from ...
Residents, Oil Production at Risk From Twin Storms Taking Aim at U.S. Coast
Coastal residents in low-lying areas of Louisiana and Cuba were evacuating on Sunday, while roads turned to rivers in Haiti's capital city, as twin hurricanes threatened the Caribbean and U.S. Gulf ...
U.S. Judge Narrows SEC Suit Against VW Over Diesel Emissions
A U.S. judge on Thursday dismissed portions of a U.S. SecuritieAgs and Exchange Commission lawsuit accusing Volkswagen AG of defrauding American investors in connection with the automaker's diesel ...
Executives On The Move at QBE and Markel
QBE named a new executive to be head of Global Credit & Surety for its North America insurance division. Markel appointed a new member of its board of directors. *** QBE named Harpreet Mann as ...