Markets
See You in Person: Global Insurance Symposium Readies Post-COVID Gathering, With Online Component
After more than a year of quarantines, masks and other COVID-19 precautions, an insurance industry group is about to hold an in-person meeting again. The Global Insurance Symposium is meeting in Des ...
Exxon Fails in Bid to Dismiss Massachusetts Lawsuit Alleging Climate Change Deception
A Massachusetts state judge has rejected Exxon Mobil Corp's bid to dismiss a lawsuit by state Attorney General Maura Healey accusing the oil company of misleading consumers and investors about its ...
Allstate Seeks More Active, Old-Fashioned Agents
Allstate Corp wants to buy more independent insurance agencies this year to build the business it acquired with its purchase of National General, Allstate Chief Executive Tom Wilson told Reuters on ...
Most Employers Recognize Mental Health as a Significant Workplace Issue: Study
A recent study from The Hartford found that 70 percent of U.S. employers now recognize that employee mental health is a significant workplace issue, up from 59 percent in June 2020. In addition, 31 ...
Nationwide CFO Thresher to Retire; Frommeyer to Succeed Him
Longtime Nationwide Chief Financial Officer Mark Thresher plans to retire in September after 12 years in the role and 25 years with the insurer, the company announced. Plans call for Tim Frommeyer to ...
Executives On The Move at Corvus Insurance and BHSI
Corvus Insurance hired two new executives – one formerly with Zurich Insurance. Berkshire Hathaway Specialty Insurance established a dedicated London-based Energy & Technical Lines underwriting ...
Tentative Compensation Agreement Reached Over Suez Canal Ship Blockage
A representative for the owners and insurers of a giant cargo ship that blocked the Suez Canal in March on Wednesday said that an agreement in principle had been reached in a compensation dispute ...
Buffett Steps Down as Gates Foundation Trustee; Discloses He’s Donated Half His Wealth
Warren Buffett said he is stepping down as a trustee from the Bill and Melinda Gates Foundation, and that he has donated half his wealth since pledging 15 years ago to give away the fortune he built ...