Commercial Lines
SCOTUS Lets Youths’ Climate Change Trial Proceed, but Other Challenges May Come
The U.S. Supreme Court refused, for now, to stop a trial in a sweeping lawsuit pressed by young people seeking to force the federal government to take steps against climate change. The order on ...
UK Believes Financial Sector Brexit Agreement Is Imminent
The United Kingdom is confident that it is on the verge of reaching an agreement with the European Union to give London's vast financial center access to EU markets after Brexit, Britain's financial ...
Allianz’s El-Erian: Trade War Is Risky, But Technology Presents a Slow-Moving Opportunity
Mohamed El-Erian, the chief economic advisor for Allianz and former CEO of its PIMCO unit, warned that the evolving global trade war presents risks the insurance industry should worry about. On the ...
Berkshire Hathaway’s Q3 Profit Gains Spanned Insurance and Everything Else
Berkshire Hathaway Inc, the conglomerate run by billionaire Warren Buffett, on Saturday said its quarterly operating profit doubled as its insurance business dodged hurricanes and benefited from ...
Zurich Canada Revamps Both Its Organizational Structure and Executive Team
Zurich Canada announced a new organizational structure and team designed to simplify and strengthen the insurer's go-to-market approach. "We now have the structure in place to ramp up our support for ...
Congress Running Out of Time to Pass Self-Driving Vehicle Legislation
A push on Capitol Hill to speed development of self-driving vehicles may not cross the finish line in time for this Congress -- casting doubt on the future of unusually bipartisan legislation in ...
Cities Vulnerable to Climate Change Are Still Getting Their AAA Bond Ratings
Last fall, after a trio of deadly hurricanes, ratings companies warned vulnerable coastal cities to get ready for climate change -- or face higher borrowing costs on the $3.9 trillion municipal bond ...
Opinion: Money Managers Are Unlikely Activists to Push for Climate, Social Good
If you are looking to save the environment, address racial or gender discrimination, fight for human rights or tackle corruption, it looks like you have some unlikely allies: Money managers. Do not ...