Reliance Industries Ltd. is in discussions with global and domestic executive headhunters to find a leader for Jio Financial Services Ltd.’s newly created insurance business, according to people familiar with the matter. Executives from Reliance have met several firms in …
Alix Popham traveled the world as a rugby player. He played 33 times for Wales and competed at two Rugby World Cups, and even got to meet Nelson Mandela before a match in South Africa. Or so he’s told. He …
More than 30 investors have called on proxy advisor ISS to improve the guidance it gives to clients wanting companies to decarbonize faster, saying its policies had failed to keep pace with rising climate change risks. Institutional Shareholder Services (ISS) …
The Australian government has agreed to settle a class action lawsuit which alleged it had failed to disclose climate change-related risks to investors in the country’s sovereign bonds, court filings showed. The terms of the settlement, if approved by the …
Cleanup and recovery from Hurricane Idalia began on Thursday along Florida’s Gulf Coast, where property damage, loss of life and power disruptions paled in comparison to the last major hurricane that struck the state nearly a year ago. Idalia crashed …
Rebuilding from this month’s floods in Slovenia will cost €7 billion ($7.6 billion) over the next five years, Prime Minister Robert Golob said. The government is preparing new legislation to serve as a road map for reconstruction after the worst …
The Ninth Circuit Court of Appeals has dismissed lawsuits by 14 businesses seeking insurance coverage from Travelers Insurance for business losses stemming from COVID-19 and the related government shutdown orders. The federal appeals court affirmed the denial of the claims …
The U.S. Food and Drug Administration on Wednesday issued warnings to three infant formula makers to correct their manufacturing processes to better catch bacterial contamination, but added it does not expect any impact on the supply. The regulator issued warning …
Preliminary estimates of insured losses from Hurricane Idalia have already begun, with about $9 billion in losses predicted for Florida alone. The estimates are far lower than some in Florida had feared and well below the $60 billion in losses …
The Florida Office of Insurance Regulation is reminding property insurers that they must report Hurricane Idalia claims information daily, starting Friday. The data should be submitted by noon Eastern time, every day, including Saturday and Sunday, through Sept. 6, the …