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(Reuters) — The cost of insurance for ships sailing through the Red Sea has nearly doubled after Yemen’s Houthis attacked a tanker that appears to be leaking oil, with environmental fears growing for the trade route, industry sources said Wednesday. Iran-aligned Houthi militants first launched aerial drone and missile strikes on the waterway in November in what they say is solidarity […]
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Aon PLC unit White Rock Insurance (SAC) Ltd. Tuesday sued China Construction Bank Corp., alleging a former bank staff member colluded with reinsurance intermediary Vesttoo Ltd. in a “multi-billion-dollar” fraud against insurance companies.
A Washington state appeals court ruled Monday an insurer is not obligated to cover a $1.77 million attorney fees and costs settlement between a school district and a football coach whose contract was not renewed due to his post-game ritual of praying on the field with student players.
Willis Towers Watson PLC on Monday named Jenna Ziomek as property/casualty leader for private equity and transactional solutions within Corporate Risk and Broking, North America.
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