Women’s representation in senior level positions at US companies faces an “alarming turning point,” with steady growth showing signs of fatigue for the first time in two decades, according to a new report. Women accounted for 11.8% of the approximately …
Lloyd’s said Dawn Miller has been named chief commercial officer and CEO of Lloyd’s Americas. Miller, who joined Lloyd’s in 2022 and oversees its global network as commercial director, will assume her expanded role on Sept. 1, based in New …
Subsidized insurance would attract investors to help rebuild Ukraine’s war-battered economy, according to the European Bank for Reconstruction and Development. “Reconstruction could start very quickly,” EBRD Chief Economist Beata Javorcik told Bloomberg Television on Friday. “I was in Berlin a …
Carpenter’s Global Specialties Unit Taps Partner Re’s Chu for Credit, Bond & Political Risk Guy Carpenter, the reinsurance business of Marsh McLennan, announced the appointment of Richard Chu as managing director, Credit, Bond & Political Risk, Global Specialties. Effective immediately, …
The U.S. Army Corps of Engineers said Thursday it expects to open a new channel to the Port of Baltimore by the end of April, freeing up commercial shipping blocked by a collapsed bridge, and then restore port access to …
Carnival Corp. has listed for sale its sprawling headquarters on the outskirts of Miami, seeking to cash in on real estate the cruise giant has owned for roughly three decades. The company is now looking to downsize to about 300,000 …
A construction worker was killed and three other people were injured when a crane section fell onto a bridge in Fort Lauderdale, Florida, heavily damaging cars that were crossing the bridge Thursday. The Miami Herald and other news sites reported …
About 100 million people will be exposed to fewer cancer-causing “forever chemicals” under the country’s first-ever drinking water standards for PFAS finalized Wednesday by the EPA, White House officials said. The Environmental Protection Agency finalized an enforceable 4 parts per …
Almost one year ago, on May 31, 2023, Florida Gov. Ron DeSantis signed sweeping insurance reform legislation into law. At that time, the Florida insurance market was on life support. Homeowners’ insurance companies, stung by massive losses, were leaving the …
Tampa-based Slide Insurance announced it has finalized pricing for its $210 million Purple Re Ltd. (Series 2024-1) catastrophe bond. The largest cat bond sponsored by Slide to date, Purple Re Ltd. provides 40% more in fully collateralized reinsurance than the …