News Archives - Insurance Journal

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22 01, 2025

EU Is Set to Shrink ESG Reporting Rules Amid French Demands

By | January 22nd, 2025|Uncategorized|Comments Off on EU Is Set to Shrink ESG Reporting Rules Amid French Demands

The European Union is set to scale back its highly contested ESG reporting requirements, as France prepares to unveil a formal proposal seeking to limit the scope of the regulatory framework. The French government is readying a new set of …

22 01, 2025

South Korea to Change Airport Design After Deadly Jeju Air Crash

By | January 22nd, 2025|Uncategorized|Comments Off on South Korea to Change Airport Design After Deadly Jeju Air Crash

South Korea will extend runway safety areas and redesign infrastructure after the crash of a Jeju Air Co. flight last month that killed almost everyone on board, sparking criticism that the design of the airport might have exacerbated the accident. …

22 01, 2025

Houthis Say US and UK Ships Can Safely Take Red Sea Passage

By | January 22nd, 2025|Uncategorized|Comments Off on Houthis Say US and UK Ships Can Safely Take Red Sea Passage

The Houthis said they will stop attacking US and UK vessels in the Red Sea area in response to the Israel-Hamas ceasefire agreement after a year-plus campaign that’s upended global trade. Ships belonging to US and UK individuals or entities …

22 01, 2025

People Moves: Allianz Commercial Names Region Heads of Property, Financial Lines; New Leadership Roles at Resilience

By | January 22nd, 2025|Uncategorized|Comments Off on People Moves: Allianz Commercial Names Region Heads of Property, Financial Lines; New Leadership Roles at Resilience

Allianz Commercial Makes North American Leadership Promotions in Financial Lines and Property Allianz Commercial, headquartered in New York City, made two promotions to its North American leadership in financial lines and property. Nancy Dorvil, head of property Canada, will succeed …

22 01, 2025

AXA XL Supports UK’s First Development-Stage Accelerator for Climate Tech Businesses

By | January 22nd, 2025|Uncategorized|Comments Off on AXA XL Supports UK’s First Development-Stage Accelerator for Climate Tech Businesses

AXA XL is partnering with London GreenCity, the UK’s first accelerator for development-stage climate tech entrepreneurs, to offer expertise in insurance and risk management to the accelerator’s members. London GreenCity supports the development of new technologies that address the causes …

22 01, 2025

Trump Puts Federal DEI Staff on Paid Leave as Cuts Take Shape

By | January 22nd, 2025|Uncategorized|Comments Off on Trump Puts Federal DEI Staff on Paid Leave as Cuts Take Shape

Federal employees in diversity, equity and inclusion roles will be placed on paid leave Wednesday as their offices related to those programs are being ordered to shut down after President Donald Trump’s executive orders, White House Press Secretary Karoline Leavitt …

22 01, 2025

Six Years Post Fatal Disaster, Mines Start Global Waste-Dam Body

By | January 22nd, 2025|Uncategorized|Comments Off on Six Years Post Fatal Disaster, Mines Start Global Waste-Dam Body

An international institute that seeks to improve the safety of reservoirs that store toxic waste from mining known as tailings kicked off Tuesday, six years after the collapse of a dam owned by Vale SA killed 272 people in the …

22 01, 2025

Storm Éowyn Set to Hit UK With Damaging Winds and Heavy Rains

By | January 22nd, 2025|Uncategorized|Comments Off on Storm Éowyn Set to Hit UK With Damaging Winds and Heavy Rains

Winter Storm Éowyn is gathering strength, supercharged by the Arctic blast that moved through the US, and has the potential to trigger power outages and travel disruptions across the UK later this week. Authorities have expanded warnings, forecasting the storm …

21 02, 2025

LA Mayor Removes Fire Chief in Fallout From Palisades Blaze

By | February 21st, 2025|Uncategorized|Comments Off on LA Mayor Removes Fire Chief in Fallout From Palisades Blaze

Los Angeles Mayor Karen Bass removed Fire Chief Kristin Crowley, citing failures in the department’s response to the devastating Palisades wildfire. Bass appointed former LAFD Chief Deputy Ronnie Villanueva, a 41-year LAFD veteran, as interim chief while the city launches …

22 01, 2025

Italy’s Reale Mutua Eyes €1 Billion Deals in Europe Expansion

By | January 22nd, 2025|Uncategorized|Comments Off on Italy’s Reale Mutua Eyes €1 Billion Deals in Europe Expansion

Italian insurer Societa Reale Mutua di Assicurazioni is looking to expand in Europe through acquisitions — and it’s ready to consider deals of up to €1 billion ($1 billion) to make it happen. “We’re aiming to develop our international presence …