The European Union proposed a ban on the Nord Stream gas pipelines and the reduction of an oil price cap as part of a new sanctions package that aims to pile pressure on Moscow to end its war against Ukraine. …
EU Proposes Nord Stream Ban, Lower Oil Cap to Hit Russia Read More »
Hainan Island is bracing for the first typhoon of the season in the western Pacific, with the storm expected to dump heavy rain across parts of southern China as the system nears the coast. The tropical depression — named Wutip …
China’s Resort Island Hainan Braces for First Typhoon of Season Read More »
he Trump administration will propose scrapping Biden-era climate mandates requiring the nation’s power plants to curb planet-warming greenhouse gas emissions as soon as Wednesday, according to people familiar with the matter. The Environmental Protection Agency is also set to advance …
Trump Poised to Repeal Biden Curb on Power-Plant Pollution Read More »
When an S&P Global Ratings executive asked the leader of Travelers how current challenges like tariff uncertainty, inflation, geopolitical risks influence the insurer’s strategy, Alan Schnitzer delivered an answer than Larry Wilkinson may not have expected. “Really not much,” said …
Long-Term Thinking and Scale Keys to Travelers Success: CEO Schnitzer Read More »
Canopius Group, headquartered in Chicago, appointed Tom Losquadro as vice president of underwriting for national hull and liability U.S. Losquadro brings extensive experience in marine insurance, having held senior roles at both AIG and Marsh McLennan. He joined Canopius on …
People Moves: Canopius Hires AIG’s Losquadro to Lead Underwriting, Hull & Liability US Read More »
The rise of autonomous vehicles will force a reconfiguration of the $400 billion US auto-insurance industry, as accidents caused by human error decrease and costs are slashed, but questions about liability remain, according to Goldman Sachs. “Autonomy has the potential …
Goldman Sees Autonomous Vehicles Transforming Insurance World Read More »
Some Florida policyholders and their attorneys have long complained about real or perceived delays in the claims-handling process after a loss. A Florida appeals court ruled last week that telling a jury about those delays may be prejudicial and out …
Florida Appeals Court Says Plaintiff Can’t Harp on Adjusting Delays in Claims Dispute Read More »
The Occupational Safety and Health Administration (OSHA) and sports apparel and footwear company Adidas America have reached a settlement for $235,000 in penalties to resolve fall hazard and unsafe ladder violations The agreement also requires the company to implement enhanced …
Adidas Settles With OSHA Over Safety Violations Read More »
Ryan Specialty announced that it has signed a definitive agreement to acquire the business of J.M. Wilson Corporation. JM Wilson is based in Michigan and its operations will become a part of RT Binding Authority, the binding authority specialty of …
Ryan Specialty Acquires Michigan’s JM Wilson Read More »
Alliant Insurance Services acquired Johnson Benefit Planning in Oregon. The Johnson Benefit Planning team will join Alliant. Johnson Benefit Planning is an employee benefits consulting firm with offices in Bend and West Linn, Oregon. Alliant is headquartered in Irvine, California.
Alliant Acquires Johnson Benefit Planning in Oregon Read More »
