U.S.
Royal Caribbean Liability for Volcano Deaths Could Hing on ‘Act of God’ Defense
Royal Caribbean Cruises Ltd's potential liability for a deadly excursion to a volcanic island in New Zealand could hinge on whether the eruption was an unforeseeable "act of God," according to ...
5 Argo Group Directors Will Retire; Early Annual Meeting Planned
Five Argo Group directors plan to retire as of the beleaguered company's 2020 annual meeting, the company disclosed on Dec. 11. Argo, a Bermuda-based specialty insurer and reinsurer, said that the ...
Tesla Rear-Ends Parked Cop Car While Operating on Autopilot
Another Tesla Inc. vehicle operating on the carmaker's driver-assistance system branded as Autopilot has crashed into a parked emergency vehicle, eliciting fresh warnings about the shortcomings of ...
Judge Rules Exxon Mobil Did Not Defraud Investors by Hiding Climate Change Costs
Exxon Mobil Corp won a major victory in a closely-watched lawsuit on Tuesday when a judge ruled that the company did not defraud investors out of up to $1.6 billion by hiding the true cost of climate ...
Neptune Flood’s Growth Plans Leave Chairman, CEO Swapping Titles
Neptune Flood's two top leaders are switching their positions, a move designed to help prepare the InsurTech startup for its next phase of growth. Founder and CEO Jim Albert will become chairman, and ...
Executives On The Move at AXA XL, AXIS and Clyde & Co.
AXA XL hired two new senior underwriters for its Environmental insurance team in New York. AXIS Capital Holdings Ltd. appointed a former insurance commissioner to its Board of Directors. Insurance ...
Record Venice Floods Top November Catastrophe Losses
Flooding and inland storms led to multi-billion-dollar economic loss in western and southern Europe during November, according to insurance broker Aon's latest edition of its monthly Global ...
Airlines Prepare for Heightened, Climate Change-Related Weather Risks
Extreme weather is no longer exceptional, and that's forcing changes at some of the world's most diligent storm trackers: airlines. Weather delays in the U.S. have been trending higher the past four ...