31 01, 2025

Europe’s Insurers May Face New Capital Rules for Climate Risk

By | January 31st, 2025|Uncategorized|Comments Off on Europe’s Insurers May Face New Capital Rules for Climate Risk

Europe’s insurance watchdog has called for a recalibration of capital requirements to reflect rising climate-driven disasters across the continent. The European Insurance and Occupational Pensions Authority is recommending the industry update the way it accounts for natural catastrophe risks in …

22 01, 2025

Treasury’s FIO Releases ‘Flawed’ Homeowners Insurance Report, Industry Says

By | January 22nd, 2025|Uncategorized|Comments Off on Treasury’s FIO Releases ‘Flawed’ Homeowners Insurance Report, Industry Says

The U.S. Treasury’s Federal Insurance Office last week released what it called the “most comprehensive data on homeowners insurance in history.” Weeks after a U.S. Senate committee released a study and held a hearing on the affect of climate change …

22 01, 2025

Treasury’s FIO Releases ‘Flawed’ Homeowners Insurance Report, Industry Says

By | January 22nd, 2025|Uncategorized|Comments Off on Treasury’s FIO Releases ‘Flawed’ Homeowners Insurance Report, Industry Says

The U.S. Treasury’s Federal Insurance Office last week released what it called the “most comprehensive data on homeowners insurance in history.” Weeks after a U.S. Senate committee released a study and held a hearing on the affect of climate change …

28 01, 2025

Target Becomes Latest Company to Backtrack on DEI Initiatives

By | January 28th, 2025|Uncategorized|Comments Off on Target Becomes Latest Company to Backtrack on DEI Initiatives

Target is ending its diversity, equity and inclusion program this year, the retailer said on Friday, the latest U.S. corporation to step away from such policies in the face of severe scrutiny from conservative groups. Over the last year, several …

22 01, 2025

People Moves: Arch Promotes Thompson to Offshore Energy Underwriting Manager; WTW Names Mamone as Head of Tech Delivery and Strategy

By | January 22nd, 2025|Uncategorized|Comments Off on People Moves: Arch Promotes Thompson to Offshore Energy Underwriting Manager; WTW Names Mamone as Head of Tech Delivery and Strategy

This edition of International People Moves details appointments at Arch Insurance International and Willis Towers Watson. A summary of these new hires follows here. Arch Promotes Thompson to Offshore Energy Underwriting Manager Arch Insurance International (Arch) has announced the promotion …

27 01, 2025

Ohio Residents Push Back Against $850K Bond to Appeal Derailment Settlement

By | January 27th, 2025|Uncategorized|Comments Off on Ohio Residents Push Back Against $850K Bond to Appeal Derailment Settlement

Residents challenging Norfolk Southern’s $600 million settlement for the disastrous East Palestinetrain crash have asked a court to reject a judge’s order requiring them to put up an $850,000 bond to continue their appeal for higher compensation and more information …

27 01, 2025

Florida Authorities Investigating After Trooper Shoots Suspect at Ocala Hospital

By | January 27th, 2025|Uncategorized|Comments Off on Florida Authorities Investigating After Trooper Shoots Suspect at Ocala Hospital

OCALA, Fla. (AP) — A Florida Highway Patrol trooper fatally shot a suspect during an altercation at a central Florida hospital on Friday, authorities said. The altercation happened in the emergency department at HCA Florida Ocala Hospital in Ocala, Florida, …

22 01, 2025

Growing Concerns About Wildfires in Carolina Thanks to Kindling Left by Helene

By | January 22nd, 2025|Uncategorized|Comments Off on Growing Concerns About Wildfires in Carolina Thanks to Kindling Left by Helene

As southern California continues to suffer from wildfires, officials in another part of the country fear their area could be next – thanks to tons of dry wood left over from Hurricane Helene’s wind and flooding. “The number one fire …

22 01, 2025

Trump Puts Federal DEI Staff on Paid Leave as Cuts Take Shape

By | January 22nd, 2025|Uncategorized|Comments Off on Trump Puts Federal DEI Staff on Paid Leave as Cuts Take Shape

Federal employees in diversity, equity and inclusion roles will be placed on paid leave Wednesday as their offices related to those programs are being ordered to shut down after President Donald Trump’s executive orders, White House Press Secretary Karoline Leavitt …

28 01, 2025

Fuji Media, Rocked by Sexual Misconduct Allegations, Says Executives to Resign

By | January 28th, 2025|Uncategorized|Comments Off on Fuji Media, Rocked by Sexual Misconduct Allegations, Says Executives to Resign

Japan’s Fuji Media said on Monday its chairman and the head of its TV unit would step down immediately amidst a probe into alleged sexual misconduct by a celebrity TV host. The scandal, which has led to an exodus of …