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Author: Annie George

Reinsurers to Absorb Majority of Turkey-Syria Earthquake Losses: Fitch Ratings

Turkey earthquake

Most insurance payouts due to the earthquake that tragically hit Turkey and Syria will ultimately be borne by global reinsurers, Fitch Ratings says.

Published February 10, 2023
Categorized as Show on Homepage Tagged reinsurers quake losses, Syria quake losses, Turkey quake losses

NFL Faces ‘Systematic Bias’ Lawsuit in Denying Former Players’ Disability Claims

NFL lawsuit

The NFL is facing a proposed class action lawsuit from former players who claim the league’s disability plan prevents them from receiving necessary treatment.

Published February 10, 2023
Categorized as Show on Homepage Tagged disability discrimination NFL, NFL class action suit

Ryan Specialty Creates Global Transactional Risk Practice

Ryan Specialty succession plan

Ryan Specialty is pleased to announce the formation of its global transactional risk practice, Ryan Transactional Risk.

Published February 10, 2023
Categorized as Show on Homepage Tagged RSG, Ryan Specialty, Ryan Transactional Risk

Facebook Hit with $1 Million Fine Tied to User-Privacy Lawsuit

Facebook privacy lawsuit

Facebook and its outside law firm were fined nearly $1 million for falsely denying that it shared users’ private information with third parties without their permission.

Published February 10, 2023
Categorized as Show on Homepage Tagged Facebook privacy lawsuit, private information, third-party data usage

SIAA Designated a Great Place to Work by Global Research and Consulting Firm

SIAA fundraising event

SIAA is proud to announce that it has been Great Place to Work-Certified after a rigorous assessment process conducted by Great Place to Work, a global research and consulting firm.

Published February 10, 2023
Categorized as Show on Homepage Tagged great place to work, SIAA

Insurers Say Cyberattack that Hit Merck Was Warlike Act, Not Covered

Cyber attack against LinkedIn, Snapchat, X, Venmo

The costly NotPetya cyberattack, which the U.S. blamed on Russia, should be considered a “cyber nuclear attack,” insurers argued.

Published February 9, 2023
Categorized as Show on Homepage Tagged cyberattack, insurers, Merk & Co

WTW Reports Organic Revenue Growth of 5% in 4Q

WTW Q1 2024 earnings

WTW, a global brokerage firm, reported 5% organic revenue growth for the fourth quarter of 2022 to $2.72 billion, but net income fell 75% year on year to $593 million.

Published February 9, 2023
Categorized as Show on Homepage Tagged global brokerage 4Q profits, WTW

‘Call of Duty’ Maker Activision Blizzard to Pay $35M Over U.S. SEC Charges

Activision Blizzard

Activision Blizzard Inc. has agreed to pay $35 million to settle SEC charges that it failed to have systems in place to properly handle employee complaint disclosures.

Published February 9, 2023
Categorized as Show on Homepage Tagged Activision Blizzard, SEC Charges

Beazley Names Clive Bannister Chair Designate

Beazley on cyber premiums

Beazley Plc announced the appointment of Clive Bannister as Chair Designate and a non-executive director with immediate effect.

Published February 9, 2023
Categorized as Show on Homepage Tagged Beazley, chair designate, Clive Bannister

9 in 10 Employers Plan to Change Health and Wellbeing Vendors in Next Two Years: WTW Survey

Employer-sponsored health insurance

To address a broad range of their employees’ need, most U.S. employers are making changes to their vendor partnerships that provide healthcare and wellbeing benefits to their employees.

Published February 9, 2023
Categorized as Show on Homepage Tagged employer-sponsored health insurance, health care, health insurance

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