Wildfires across the U.S. West are among the sparks from climate change that could ignite a U.S. financial crisis by damaging home values, state tourism and local government budgets, an advisory panel to a U.S. markets regulator found. Those effects …
China has launched an initiative to address global data security issues, a countermove to the U.S. “clean network” program that is aimed at discouraging other countries from using Chinese technology. Foreign Minister Wang Yi announced the initiative in Beijing on …
New Mexico officials clarified this week that teachers won’t be on the hook for lawsuits that might stem from COVID-19 outbreaks as in-person classes began for some students. “In no way will teachers or school employees be held personally liable …
LONDON— If fund managers are serious about clean investments, they need to get their hands dirty. That’s the view of Sasja Beslik, head of sustainable finance at Swiss bank J. Safra Sarasin, as demand surges for companies that perform well …
Nurses at Alta Bates Summit Medical Center were on edge as early as March when patients with COVID-19 began to show up in areas of the hospital that were not set aside to care for them. The Centers for Disease …
The Liberty Company Insurance Brokers has named Kip Tryon vice president of marketing and branding. Tryon has been involved with Liberty’s outreach marketing efforts and after four years in roles of increasing responsibility. He will now oversee a team dedicated …
It’s been 3 years since Hurricane Irma made landfall in Florida as a Category 4 storm, and the trail of damage left in its wake is still being felt across the state today, particularly by the insurance industry as it …
Specialist insurer Hiscox has created a Crisis Management division within its London Market business to include kidnap and ransom, security incident response, terrorism, product recall and personal accident lines. Headed up by Mike Williams, divisional director, the Crisis Management division …
Hamilton Re has named Megan Thomas, a former AXIS Capital and AIG executive, as the company’s new chief executive officer. She succeeds David Brown, the chairman of Hamilton Re who was appointed interim CEO in early August to replace Kathleen …
Wildfires have burned a record 2 million acres in California this year, and the danger for more destruction is so high the U.S. Forest Service announced Monday it was closing all eight national forests in the southern half of the …