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Japan Battles Worst Wildfire in 40 Years Amid Record Dry Season
Posted inInsurance

Japan Battles Worst Wildfire in 40 Years Amid Record Dry Season

Japan is battling its worst wildfire in four decades, forcing thousands of people to flee amid some of the driest weather on record. At least one person has been killed…
Posted by fastnewsbreak March 3, 2025
South Korea’s New Lithium Battery Rules on Planes Highlight Growing Risk for Aviation
Posted inInsurance

South Korea’s New Lithium Battery Rules on Planes Highlight Growing Risk for Aviation

South Korea tightened rules on carrying lithium batteries on planes from Saturday, highlighting a growing risk to flights worldwide from the batteries used in cellphones and e-cigarettes which can malfunction…
Posted by fastnewsbreak March 3, 2025
Optio Group Acquires Norwegian-Based Marine Hull Specialist MGA, S Insurance
Posted inInsurance

Optio Group Acquires Norwegian-Based Marine Hull Specialist MGA, S Insurance

Optio Group, the London-based independent specialty MGA, announced it has acquired Norwegian-based MGA S Insurance AS (S Insurance) for an undisclosed sum, subject to regulatory approval. This acquisition follows Optio’s…
Posted by fastnewsbreak March 3, 2025
SEC’s ‘Demolition’ of Crypto Enforcement Met With Cheers as Well as Jeers
Posted inInsurance

SEC’s ‘Demolition’ of Crypto Enforcement Met With Cheers as Well as Jeers

The US Securities and Exchange Commission has kicked off the new year with a makeover, wiping clean its slate of crypto enforcement actions and turning what was once a hostile…
Posted by fastnewsbreak March 3, 2025
Tennessee Gynecologist Charged With Unnecessary Medical Procedures
Posted inInsurance

Tennessee Gynecologist Charged With Unnecessary Medical Procedures

MEMPHIS, Tenn. (AP) — A Tennessee gynecologist was arrested Friday and accused of performing unnecessary procedures on patients with re-used medical devices held under unsanitary conditions. Dr. Sanjeev Kumar, 44,…
Posted by fastnewsbreak March 3, 2025
FedEx Cargo Plane Makes Emergency Landing After Bird Strike and Engine Fire
Posted inInsurance

FedEx Cargo Plane Makes Emergency Landing After Bird Strike and Engine Fire

A FedEx cargo plane made an emergency landing at a busy New Jersey airport on Saturday after a bird strike caused an engine fire that could be seen in the…
Posted by fastnewsbreak March 3, 2025
J&J Spars With Foes of $9 Billion Talc Cancer Plan as Trial Ends
Posted inInsurance

J&J Spars With Foes of $9 Billion Talc Cancer Plan as Trial Ends

Johnson & Johnson told a judge its $9 billion proposal to settle baby powder cancer claims in bankruptcy court is the only viable way to end more than 15 years…
Posted by fastnewsbreak March 2, 2025
Lawsuit Alleges GM Illegally Sold Arkansans’ Driving Data to Insurance Companies
Posted inInsurance

Lawsuit Alleges GM Illegally Sold Arkansans’ Driving Data to Insurance Companies

Arkansas Attorney General Tim Griffin sued General Motors and its subsidiary OnStar this week, alleging the car manufacturer deceived Arkansans by collecting and selling driver information to third parties, who…
Posted by fastnewsbreak February 28, 2025
Texas Lawmakers Introduce Legislation to Address Wildfire Risks and Ignition Sources
Posted inInsurance

Texas Lawmakers Introduce Legislation to Address Wildfire Risks and Ignition Sources

A year after devastating wildfires engulfed the Panhandle, killing three people and burning millions of acres, Texas lawmakers have filed a slate of legislation aimed at mitigating the risks and…
Posted by fastnewsbreak February 28, 2025
Faynberg to Head Chubb’s Healthy Paws; D’Onofrio Promoted to Global CUO of Ryan Specialty Underwriting Managers
Posted inInsurance

Faynberg to Head Chubb’s Healthy Paws; D’Onofrio Promoted to Global CUO of Ryan Specialty Underwriting Managers

Westchester, Chubb’s excess and surplus lines company, said Alex Faynberg was appointed to executive vice president and head of pet insurer Health Paws, effective March 3. Alex Faynberg In his…
Posted by fastnewsbreak February 28, 2025

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