Europe is expected to spend €500 billion ($571 billion) on climate resilience measures through 2035, according to a fresh analysis by Bloomberg Intelligence. The figure, which comprises money spent on rebuilding after extreme weather shocks as well as defenses against …
Brown & Riding has added Jarrod Williamson to its national casualty practice. With 14 years of experience, Williamson focuses on large, complex casualty risks, specializing in real estate, construction, and hospitality. He began his career working as a retail broker …
St. John’s University’s Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science will honor The Hartford’s Chairman and CEO Christopher J. Swift as the “2026 Insurance Leader of the Year” at its 31st annual award dinner. The event …
Multi-Cinema (AMC), a nationwide movie theatre chain, will pay $56,000 to settle a federal disability discrimination lawsuit filed by the Equal Employment Opportunity Commission (EEOC), the federal agency announced. In addition to paying $56,000 under the two-year consent decree resolving …
The Federal Reserve’s monetary policy control toolkit continues to be very effective, Roberto Perli, a New York Fed official responsible for implementing short-term interest rate policy for the central bank, said on Tuesday. “We have maintained very strong interest rate …
The rapid growth and lack of governance or regulation in the use of artificial intelligence has once again made cyber threats the top concern among businesses. According to the latest Risk Index from insurer Travelers, 58% of respondents said they …
As creditors, counterparties and lawyers pore over the business of embattled commodity trader Radiant World, a low-rise office building in the emirate of Ajman, just north of Dubai, may contain one key piece of the puzzle. Milla Sky Trading, whose …
Hawaii will be threatened by yet another hurricane over the weekend, after a tropical depression reformed to the south of the island chain. The depression, with winds of 35 miles (56 kilometers) per hour, is expected to strengthen into a …
The Nor'easter system is forecast to churn up waves as high as 30 feet and pound the Mid-Atlantic and New England coastline.
Insurance broker Aon plc announced a new leadership and governance structure for its Reinsurance Solutions business in Germany, effective October 1, 2026. Under the new structure, Phillip Esser has been appointed CEO of Reinsurance Solutions in Germany for Aon, based …