Despite clear evidence that plastic is clogging oceans and beaches and breaking down into microplastics that enter our bodies, humans are continuing to produce the material at accelerating rates. The result: Global plastic pollution will hit 280 million metric tons …
Corporate sustainability is an important topic in business and particularly insurance, but it turns out that sustainability is also becoming a bigger topic of interest for claims leaders. Most (77%) of claims leaders report that sustainability is explicitly addressed in …
Swiss Re shares dropped 7.5% on Friday after the world’s second-largest reinsurer announced a new profit target that fell short of market expectations. The Zurich-based company said it was aiming for group net income of $4.5 billion next year, up …
PepsiCo Inc. is nearing a settlement agreement with activist investor Elliott Investment Management, the Wall Street Journal reported Thursday, without providing details. An agreement could be announced soon, according to the Journal. PepsiCo has worked to overhaul its portfolio of …
Hong Kong authorities rushed on Thursday to remove mesh netting on all buildings undergoing renovation across the city after the material was blamed for fanning a blaze last week that has killed at least 159 people. The government late on …
China routinely sends astronauts to and from its space station Tiangong. A crew capsule is about to undock from the station and return to Earth, but there’s nothing routine about its journey home. The Shenzhou-20 capsule will carry no crew, …
Washington Insurance Commissioner Patty Kuderer approved nine health insurers to sell group health plans to small employers in 2026. The insurers are: Asuris Northwest Health, Kaiser Foundation Health Plan of the Northwest, Kaiser Foundation Health Plans of WA, Kaiser Foundation …
Vladimir Putin warned that Russia may consider striking the ships of countries supporting Ukraine if a surge in attacks on Moscow’s tanker fleet doesn’t halt.”What the Ukrainian armed forces are doing now is piracy,” Putin told reporters in Moscow, in …
Instacart sued New York City on Tuesday, seeking to block enforcement of five laws affecting the grocery delivery company, including higher minimum pay for app-based workers and greater disclosures to customers about tipping. According to a complaint filed in Manhattan …
ZestyAI announced that its non-weather water risk model, Z-WATER, has been reviewed and accepted for use in underwriting and rating in Illinois, Indiana, Iowa, Louisiana, and Wisconsin. Insurers in these states will now be able to set property-specific rates, align …