A Sierra Club employee filed a workplace misconduct complaint earlier this year with the board of directors alleging that then-executive director Ben Jealous engaged in sexual harassment and bullying. The employee’s complaint, reviewed by Bloomberg News, alleges Jealous made unwelcome …
This edition of International People Moves details appointments at the brokers Guy Carpenter and Aon. A summary of these new hires follows here. Carpenter Taps Aon’s Goodman for Newly Created Role of Chief Client & Growth Officer Guy Carpenter, the …
Aspire General Insurance announced the completion of a strategic debt financing agreement with Comvest Partners. The investment will enhance California-based Aspire’s capital position, enabling expanded capabilities, deeper market penetration, and continued innovation in insurance technology, according to the company. Comvest …
The wildfires that raged across Greece, Turkey and Cyprus this summer were 22% more intense and 10 times more likely than they would have been in a world without climate change, according to scientists. The extremely hot, dry and windy …
Vermont Governor Phil Scott has submitted a formal request to President Donald J. Trump for a major disaster declaration to help communities in Caledonia and Essex counties recover costs for repairing public infrastructure damage caused by rainfall and severe flooding …
Bain Capital, the private investment firm, announced it has signed a definitive agreement to acquire Jensten Group, the UK-based commercial insurance distribution platform, from Livingbridge, a UK mid-market private equity investor. The investment is being made by the dedicated insurance …
Liberty Mutual Reinsurance (LM Re) and Safehub, a provider of seismic sensor and risk management technology, announced the launch of an earthquake parametric insurance solution, called “ShakeNet Parametric.” With capacity provided by LM Re and is triggered by the highest-resolution …
Insurance industry rating agency AM Best on Thursday affirmed the financial strength rating of A+ (Superior) for the Allstate Insurance Group. The Oldwick, N.J.-based firm noted Allstate’s “favorable market position in the private passenger auto and homeowners’ markets” as well …
Heavy rain caused flooding and landslides Wednesday in parts of Southeast Asia, where at least eight deaths were reported in the aftermath of a tropical storm. Flooding occurred in several northern and central provinces of Vietnam, where seven people died, …
Since 2021, religious schools in Vermont have been receiving an increasing amount of money through Vermont’s school tuitioning program. But Act 73, Vermont’s wide-ranging education reform law signed into law in July, effectively halts that trend. Last week, the state …