Social Responsibility
Insurers Pressured by Activist Groups to Drop Coverage of Oil Sands Pipeline
A coalition of 32 environmental and indigenous groups on Thursday urged insurers to stop underwriting the Trans Mountain pipeline to pressure Canada to cancel its plan to expand the project which ...
Shareholder Meetings More Receptive These Days to Climate Change Agenda
Climate activists found companies more receptive to steps like cutting emissions or buying clean power this year, a new tally of shareholder resolutions shows, a trend proponents said undercuts the ...
Buffett Commits Roughly $3.6B in Berkshire Hathaway Stock to Five Charities
Warren Buffett is donating roughly $3.6 billion of Berkshire Hathaway Inc stock to five charities, including the Bill & Melinda Gates Foundation, the biggest contribution in Buffett's plan to ...
Chubb Becomes First U.S. Carrier to Phase Out Coal Investments/Insurance Policies
Chubb Ltd will become the first U.S. insurer to phase out its coal investments and insurance policies, saying on Monday it will no longer sell insurance to or invest in companies that make more than ...
Legal & General Will Divest Exxon Shares Over Climate Change
One of Britain's biggest fund managers started selling shares in Exxon Mobil Corp., saying America's largest oil company isn't doing enough to address climate change. Legal & General Investment ...
Underwriters, Traders Arriving Late to London’s Sobriety Party: Viewpoint
For most of the traders, bankers, lawyers and accountants who populate the City of London, the era of excessive daytime boozing is long gone. Pubs and pints have been replaced by coffee shops and ...
Crypto Pioneer Will Pay Record $4.57M to Have Lunch With Warren Buffett
Warren Buffett once called bitcoin "probably rat poison squared." He'll now have to dine with one of the cryptocurrency's biggest fans. Cryptocurrency pioneer Justin Sun revealed on Monday that he ...
Billionaire Covering Morehouse Grads’ $40 Million Student Debt Has Insurance Industry Ties
The billionaire technology investor and philanthropist who has promised to assume the $40 million student debt of the entire graduating class at Morehouse College has ties to the insurance industry. ...