The cost of shipping commodities through the Black Sea climbed on Monday after Ukrainian naval drones hit two tankers heading to a Russian port, with fears of further attacks driving up war risk insurance costs, industry sources said.
Marsh McLennan Agency, the small and mid-sized brokerage unit of Marsh, announced Monday it acquired three Hawaii-based brokerages from Tradewind Group, an investment company based in Honolulu.
Axis Capital said Monday it named former Liberty Specialty Markets executive Lewis Edwards to the newly created role of head of delegated strategy, global markets.
Cyber insurer Coalition on Monday named former Nubank executive Frank Fumarola as the company’s new chief product officer.
Jamaica has secured up to $6.7 billion in support from international agencies to fund reconstruction over the next three years in the wake of Hurricane Melissa.
New York’s top court on Wednesday endorsed a method for workers to prove “extraordinary” COVID-19 exposure through frequent contact with the public or co-workers in areas where the virus is prevalent.