Global Economy
Fossil-Fuel Production May Generate Much More Methane Than Scientists Thought
Fossil-fuel production may be responsible for much more atmospheric methane than scientists previously thought, according to new research published today in the journal Nature. The results, if they ...
Argo Appoints Interim CEO Rehnberg as Its Full-Time Leader; New Board Chair Named
Argo Group International Holdings has appointed interim CEO Kevin Rehnberg to the job officially, capping what has been a tumultuous year for the Bermuda-based specialty insurer and reinsurer. ...
AG Barr Targets Legal Shield Used by Google, Facebook, Others
Attorney General William Barr is taking aim at a legal shield enjoyed by companies such as Alphabet Inc.'s Google and Facebook Inc. as the provision comes under increasing fire from both liberals and ...
The Latest Launches From Farmers, Chubb, Octo Telematics
Farmers Insurance said it has started selling auto insurance in South Carolina exclusively through its Farmersdirect.com digital platform. Chubb expanded access of a tool that's useful during ...
Sanofi to Work with U.S. Agency on Coronavirus Vaccine
French drugmaker Sanofi is working with a U.S. government agency to develop a vaccine against the new coronavirus from China, saying it could have a candidate ready for clinical trials within a year. ...
Extreme Weather: Building Resilience for Rising Risks
The insurance industry has a responsibility to assume a "leadership role in creating and promoting resilience as the first line of defense" against natural disasters, an industry leader said ...
Buffett’s Berkshire Hathaway Invests in Biogen and Kroger
Warren Buffett's Berkshire Hathaway Inc. piled funds into biotechnology company Biogen Inc. and supermarket operator Kroger Co. as it trimmed some of its bank wagers in the last few months of 2019. ...
AIG CEO Duperreault on P/C Insurance Turnaround: ‘This Inflection Point Was Critical to Achieve’
In a world of giant public companies with a global reach, $12 million may not seem like much. For American International Group, it's a very big deal. In the 2019 fourth quarter, AIG reported $12 ...