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8 11, 2024

Bahamas Raises Alarm on Lack of Cash to Survive Fast-Warming World

By | November 8th, 2024|Uncategorized|Comments Off on Bahamas Raises Alarm on Lack of Cash to Survive Fast-Warming World

There are major climate finance fights ahead at this year’s COP29 summit in Azerbaijan. The United Nations’ meeting kicking off next week brings with it a clear goal: Figuring out how to scale up finance to help developing countries embark …

8 11, 2024

Sedgwick Names Buhl President of Casualty

By | November 8th, 2024|Uncategorized|Comments Off on Sedgwick Names Buhl President of Casualty

Sedgwick named Andrea Buhl president of the company’s casualty group. Over her 15-year career at Sedgwick, Buhl has held several leadership roles. Sedgwick is a provider of claims management, loss adjusting, technology-enabled business services.

8 11, 2024

CNN Must Face Project Veritas’ Defamation Lawsuit, Appeals Court Rules

By | November 8th, 2024|Uncategorized|Comments Off on CNN Must Face Project Veritas’ Defamation Lawsuit, Appeals Court Rules

A U.S. federal appeals court on Thursday revived a defamation lawsuit accusing CNN of defaming Project Veritas in its explanation of why the conservative group, which is often accused of using deceptive tactics, was suspended from Twitter in 2021. The …

8 11, 2024

UCLA and NOAA: Climate Change Baked Western US Despite the Rainfall

By | November 8th, 2024|Uncategorized|Comments Off on UCLA and NOAA: Climate Change Baked Western US Despite the Rainfall

Even with all the storms the Western U.S. received in the last two years, climate change is baking the region. That’s because higher temperatures are increasing evaporation enough to cause drought, according to a study by UCLA scientists and National …

8 11, 2024

US Supreme Court to Hear Facebook Bid to Escape Securities Fraud Suit

By | November 8th, 2024|Uncategorized|Comments Off on US Supreme Court to Hear Facebook Bid to Escape Securities Fraud Suit

The U.S. Supreme Court is set on Wednesday to consider a bid by Meta’s Facebook to scuttle a federal securities fraud lawsuit brought by shareholders who accused the social media platform of misleading them about the misuse of its user …

8 11, 2024

Spain’s Hurricane Katrina Moment Saw Officials Ignoring Warnings

By | November 8th, 2024|Uncategorized|Comments Off on Spain’s Hurricane Katrina Moment Saw Officials Ignoring Warnings

As a deadly storm bore down on Valencia on Oct. 29, the regional president was attending a ceremony to recognize his work on sustainable tourism. Three hours earlier, Spain’s national climate agency had issued a red alert about the rains …

8 11, 2024

Hannover Re’s Henchoz to Step Down as CEO, Succeeded by CFO Jungsthöfel

By | November 8th, 2024|Uncategorized|Comments Off on Hannover Re’s Henchoz to Step Down as CEO, Succeeded by CFO Jungsthöfel

Hannover Re announced that Chief Executive Officer Jean-Jacques Henchoz (60) is stepping down and will be replaced by the current chief financial officer, Clemens Jungsthöfel (54). Henchoz has decided not to extend his expiring contract at his own request and …

8 11, 2024

Aon’s NFP Acquires Irish Wealth and Corporate Benefits Advisory Business

By | November 8th, 2024|Uncategorized|Comments Off on Aon’s NFP Acquires Irish Wealth and Corporate Benefits Advisory Business

NFP, the Aon company and international insurance brokerage and consulting firm, announced it has acquired HC Financial, a financial planning and corporate employee benefits advisory business based in Galway, Ireland. Financial details of the deal were not disclosed. The HC …

8 11, 2024

Tech Update: WTW Unveils Machine-Led Solution to Enhance Insurance Reserving

By | November 8th, 2024|Uncategorized|Comments Off on Tech Update: WTW Unveils Machine-Led Solution to Enhance Insurance Reserving

Insurance broker WTW announced the launch of ResQ Machine-led Reserving, which WTW describes as a game-changing technology for insurers and reinsurers to enhance accuracy and efficiency in property/casualty reserving. ResQ Machine-led Reserving uses proprietary algorithms that optimize the core reserving …

8 11, 2024

Viewpoint: Are You Covered for AI Risks?

By | November 8th, 2024|Uncategorized|Comments Off on Viewpoint: Are You Covered for AI Risks?

You can’t go anywhere without hearing about the impact of generative artificial intelligence on … well, everything. The insurance industry is not immune from these impacts; it has been affected by AI in countless ways – from the use of …