Deutsche Bank AG has settled a lawsuit with Michele Foresti, a former manager who claimed he was wrongfully blamed for the Monte dei Paschi accounting scandal, the first of six similar cases to be resolved. “The parties have now resolved …
With tile roofs popular across Florida, and with questionable claims about roof damage raising concerns in insurance and engineering circles, two Florida consulting engineers have offered this guide to aid engineers, attorneys, adjusters and property owners in examining wind damage …
Aon announced the appointment of Joe Peiser as CEO of Risk Capital. Peiser first joined Aon in 2021 as commercial risk leader for North America before being appointed to Global CEO of Commercial Risk in 2023. In his new Risk …
Palo Alto Networks opted not to tie China to a global cyberespionage campaign the firm exposed last week over concerns that the cybersecurity company or its clients could face retaliation from Beijing, according to two people familiar with the matter. …
US President Donald Trump is shrinking the Environmental Protection Agency more quickly and aggressively than ever before, culminating in this week’s move to rescind the crucial “endangerment finding” underpinning key regulations of planet-warming pollution. And unlike Trump’s first term, the …
Applied Systems has been awarded a preliminary injunction against competitor Comulate, who Applied has accused of making a fake insurance agency to access its software platform and steal trade secrets. The competitors in the insurance technology market have traded litigation, …
A federal judge on Tuesday rejected a challenge by the largest U.S. business lobby group to President Donald Trump’s $100,000 fee on new H-1B visas for highly skilled foreign workers, saying it fell under his broad powers to regulate immigration. …
As the effects of a hotter planet rack up more damages and health issues for people in exposed regions, the conversation around climate change is shifting from how to curb it to how to adapt to it. A new report …
Residents of Southern California were bracing Wednesday for a powerful winter storm forecast to bring dangerous flooding as well as rock and mudslides to the region, threatening property and snarling holiday travel plans. Peak rainfall in parts of the region …
Reports that Howden US, part of the London-based insurance brokerage, had lured away more than 200 employees from Brown & Brown Insurance have left industry leaders worried that poaching seems to be the new business model for some companies. And …