Global Economy
Ex-Lloyd’s Chairman Nelson Warns UK Faces an ‘Abject’ Post-Brexit Future
The U.K. is facing a grim future after Brexit because of the failure of its politicians to govern responsibly, the former chairman of insurance market Lloyd's of London wrote in a letter to the ...
UK Motor Insurers Will Mutualize Claims for Terror Attacks Using Vehicles as Weapons
UK motor insurers have voted for the Motor Insurers Bureau (MIB) to handle and pay the claims from victims involved in a terrorist event where a vehicle is used to kill or injure. MIB is the UK's ...
UK Official Warns EU Risks Forcing Chaotic Brexit Without a Deal
British Foreign Secretary Jeremy Hunt said the U.K. will not "blink" in Brexit negotiations, as he warned the European Union it risks forcing the country to crash out of the bloc with no deal. On his ...
Children’s Climate Lawsuit Beats Back Trump Administration Appeal
A federal appeals court on Friday rejected the Trump administration's renewed bid to dismiss a lawsuit by young activists who say it is ignoring the perils of climate change. By a 3-0 vote, the 9th ...
Focused Recruitment, Mentoring Can Help Reduce Shortfall of Female Insurance Execs: White Paper
Women are now a large part of the insurance industry workforce in general, but they remain a sparse presence among board seats and top executives, according to a new industry group white paper that ...
U.S. Regulator Calls for Greater Disclosure of Power Grid Cyber Attacks
The U.S. government on Thursday asked power generators to disclose more information about cyber attacks amid growing concern that foreign hackers could disrupt the electric grid. The Federal Energy ...
May Pushes Her Brexit Plan as Practical and Workable
British Prime Minister Theresa May's speech on Friday about Brexit had two audiences who weren't in the room: the European Union, whom she urged to engage with her proposals, and her own party. "Our ...
New York City Climate Lawsuit Against Major Oil Companies Dismissed by U.S. Judge
A U.S. judge on Thursday dismissed a lawsuit by New York City seeking to hold major oil companies liable for climate change caused by carbon emissions from burning fossil fuels. In dismissing the ...