Insurance Journal News Feed

Insurance Journal news feed

1. Second Suspect in Nord Stream Blasts Arrested in Croatia: Prosecutors

   A second suspect accused of taking part in the 2022 Nord Stream gas pipeline blasts has been arrested in Croatia and will be extradited to Germany, said German prosecutors on Wednesday. In its statement, the federal prosecutors’ office identified the …

2. Estonia Probes Russia Link in Fire at Defense Manufacturer

   Estonian authorities are investigating potential Russian involvement in a fire that broke out at a building used by defense company Milrem Robotics, according to Prime Minister Kristen Michal. The prosecutor’s office said on Tuesday it suspected an arson attack at …

3. Canadian Firms Have $360 Billion of Private Credit Exposure, Mostly in US

   Canadian financial institutions and funds have amassed roughly C$500 billion ($360 billion) of exposure to private credit, most of it outside the country, according to new research from the central bank. The bulk of the activity is in the US …

4. People Moves: Guy Carpenter Promotes New Global P/C Leaders

   Guy Carpenter, a business of Marsh, appointed David Duffy as global property leader and Chris Ross as global casualty leader. Based in New York, Duffy and Ross will report to John Trace, CEO of North America and chief broking officer, …

5. Regulator Objections Quantified: ZestyAI Says 44% of Filings Have at Least One

   ZestyAI said it looked at tens of thousands of home, auto, and commercial property rate filings in all 50 states and found just how long regulator objections can hold up the approval process. About 44%, or 8,776, of filings analyzed …