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Sompo Appoints Quane as CEO, International Markets; The Fidelis Partnership Announces 7 Senior Promotions in Bermuda

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Aon Commercial Risk Promotes Smaje as Specialty Leader, Transportation & Logistics; MGA Optio Names Deloitte’s Hallett Head of Insurer Partnerships

This edition of International People Moves details appointments at Sompo and The Fidelis Partnership. A summary of these new hires follows here. Sompo Appoints Quane as CEO, International Markets Sompo, a leading global provider of commercial and consumer property and casualty re/insurance, announced the appointment of Alessandrea (Alessa) Quane as chief executive officer, International Markets, […]

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Bulgaria Arrests Russian Owner of Ship at Center of Beirut Port Blast in 2020

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Bulgaria Arrests Russian Owner of Ship at Center of Beirut Port Blast in 2020

The Russian owner of a cargo ship linked to a cargo of ammonium nitrate at the center of the massive Beirut port explosion in 2020 has been arrested in Bulgaria, Lebanese judicial officials said Monday. The arrest of Igor Grechushkin comes nearly five years after a Lebanese investigative judge issued two arrest warrants through Interpol

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OpenAI Fixed ChatGPT Security Flaw That Put Gmail Data at Risk

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OpenAI Fixed ChatGPT Security Flaw That Put Gmail Data at Risk

OpenAI patched a ChatGPT security flaw that could have allowed hackers to extract Gmail data from its users, according to researchers at cyber firm Radware. The issue was found in ChatGPT’s Deep Research agent, a tool launched in February to help users analyze large troves of information. The vulnerability could have enabled attackers to siphon

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Lyft, Waymo to Offer Driverless Rides in Nashville in 2026

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Lyft, Waymo to Offer Driverless Rides in Nashville in 2026

Lyft Inc. is partnering with Waymo for the first time to offer robotaxi service in Nashville starting next year, a deal that helps it better compete with rival Uber Technologies Inc. Alphabet Inc.-owned Waymo, which has been conducting testing in Nashville since March, will launch fully autonomous operations in the Tennessee capital in the coming

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Beetle That Threatens Australia’s Grains Industry Found in Imported Diapers

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Beetle That Threatens Australia’s Grains Industry Found in Imported Diapers

The ministry said in a statement on Tuesday it had been working with the importer and retailer of the nappies to trace and treat nappies containing the insect since it was alerted to their detection in New South Wales on September 7. Agriculture Minister Julie Collins said the beetles, which feed on stored food, making

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SEC Hands Victory to IPO Issuers Who Want to Avoid Class-Action Lawsuits

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SEC Hands Victory to IPO Issuers Who Want to Avoid Class-Action Lawsuits

The U.S. securities regulator on Wednesday said it would allow companies seeking to go public to require that investors resolve claims of fraud or other false statements through arbitration rather than court litigation, handing a victory to companies and weakening investor rights. The Securities and Exchange Commission voted 3-1 along party lines to reverse a

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Insurance Industry Reps Back Reauthorization of Federal Terrorism Backstop

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Insurance Industry Reps Back Reauthorization of Federal Terrorism Backstop

Marsh McLennan lost 358 employees in the terrorist attack on the World Trade Center on Sept. 11, 2001, and in Washington today Michelle Sartain, who has worked at Marsh for more than 28 years, encouraged lawmakers to reauthorize the Terrorism Risk Insurance Act. “By all accounts, the program has been a model public-private partnership, said

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Texas Drops Suit Against Doctor Accused of Illegal Care for Transgender Youth

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Two Workers Sue Over New York City Legionnaires’ Disease Outbreak

One of the nation’s first doctors accused of illegally providing care to transgender youth under GOP-led bans was found to have not violated the law, Texas Attorney General Ken Paxton’s office says, nearly a year after the state sued the physician. Dr. Hector Granados, a pediatric endocrinologist in El Paso, was called a “scofflaw” last

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Most Corporate Climate Transition Plans Aren’t Credible, Study Finds

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Most Corporate Climate Transition Plans Aren’t Credible, Study Finds

The effects of climate change are intensifying but businesses globally are struggling to make transition plans that they can implement in the real world, according to a report released Wednesday by the London School of Economics and Political Science. The study of corporate climate performance looks at disclosures from 2,000 publicly traded companies, which together

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