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28 09, 2021

Allianz in Talks to Transfer Block of Life Assets to Free Up Regulatory Capital: Sources

By | September 28th, 2021|Uncategorized|Comments Off on Allianz in Talks to Transfer Block of Life Assets to Free Up Regulatory Capital: Sources

Allianz SE is in advanced talks to transfer a block of Swiss life insurance assets to Resolution Life, people with knowledge of the matter said, a move that could free up regulatory capital as Europe’s largest insurer prepares for the …

28 09, 2021

Australia Insurtech Startup Cover Genius Raises Funds, Boosting Valuation to A$1 Billion

By | September 28th, 2021|Uncategorized|Comments Off on Australia Insurtech Startup Cover Genius Raises Funds, Boosting Valuation to A$1 Billion

Australian insurance startup Cover Genius Pty Ltd. boosted its valuation to A$1 billion ($729 million), after raising A$100 million [$72.8 million] from investors including G Squared and Japanese insurer Sompo Holdings Inc. The proceeds — about seven times more than …

28 09, 2021

People Moves: Alliant Adds Brian Shaw as First VP; Orchid Promotes Ross Bowie

By | September 28th, 2021|Uncategorized|Comments Off on People Moves: Alliant Adds Brian Shaw as First VP; Orchid Promotes Ross Bowie

Alliant Alliant continues has added to its Absence, Disability, and Life team, hiring Brian Shaw as First Vice President. The Atlanta-based benefits consultant joins Alliant’s Employees Benefits Groupand will serve a diverse base of clients throughout the Southeast region. Shaw …

28 09, 2021

Glynn County, Georgia Officials Propose Rules Allowing Buildings Closer to Sand Dunes

By | September 28th, 2021|Uncategorized|Comments Off on Glynn County, Georgia Officials Propose Rules Allowing Buildings Closer to Sand Dunes

Leaders on one of Georgia’s most popular coastal islands are considering letting developers build closer to sand dunes. The Brunswick News reports that a planning commission that governs construction on St. Simons Island is discussing reducing the required setback for …

28 09, 2021

Environmental Protection Agency Urged by 21 States to Toughen Vehicle Emissions Rules

By | September 28th, 2021|Uncategorized|Comments Off on Environmental Protection Agency Urged by 21 States to Toughen Vehicle Emissions Rules

A group of 21 state attorneys general, the District of Columbia, and several major U.S. cities urged the Biden administration to finalize significantly stricter vehicle emissions rules than it has proposed. The U.S. Environmental Protection Agency (EPA) in August called …

28 09, 2021

States Struggle to Recruit and Retain Cyber-Security Pros

By | September 28th, 2021|Uncategorized|Comments Off on States Struggle to Recruit and Retain Cyber-Security Pros

CHICAGO (AP) — Austin Moody wanted to apply his cyber-security skills in his home state of Michigan, teaming up with investigators for the State Police to analyze evidence and track down criminals. But the recent graduate set the idea aside …

24 09, 2021

Q&A: New Director Criswell Prepares FEMA for a Hot, Chaotic Future

By | September 24th, 2021|Uncategorized|Comments Off on Q&A: New Director Criswell Prepares FEMA for a Hot, Chaotic Future

Deanne Criswell, the first woman to lead the Federal Emergency Management Agency, in April took over a 20,000-person operation exhausted by managing responses to disasters linked to global warming: wildfires and the 2020 hurricane season, the most active on record. …

24 09, 2021

$480M Gift From Insurance Leader Ryan, Wife Is Northwestern University’s Largest Ever

By | September 24th, 2021|Uncategorized|Comments Off on $480M Gift From Insurance Leader Ryan, Wife Is Northwestern University’s Largest Ever

Northwestern University has received the largest gift in its history, $480 million, from Patrick G. Ryan, founder and former long-time CEO of Aon Corp, and now chair of Ryan Specialty Group, and his wife, Shirley W. Ryan, co-founder and long-time …

24 09, 2021

Insured Price Tag for Canada’s Summer Storms and Wildfires Nears C$200M

By | September 24th, 2021|Uncategorized|Comments Off on Insured Price Tag for Canada’s Summer Storms and Wildfires Nears C$200M

Two storms that raged across Alberta and Saskatchewan in Canada in July and August caused C$120 million (US$94.5 million) in insured damage, while the August wildfire in White Rock Lake, British Columbia is now estimated to have caused damages of …

24 09, 2021

Biden Cybersecurity Officials Support Breach Incident Reporting Mandate

By | September 24th, 2021|Uncategorized|Comments Off on Biden Cybersecurity Officials Support Breach Incident Reporting Mandate

The head of the U.S. cybersecurity enforcement agency “is a huge supporter” of bipartisan legislation to mandate that operators of critical infrastructure report data breaches to the government. Jen Easterly, director of the Cybersecurity and Infrastructure Security Agency, said she …