Markets
Shareholders Push Companies to Tackle Climate Change Shortfalls
In the past, shareholder votes on the environment were rare and easily brushed aside. Things could look different in the annual meeting season starting next month, when companies are set to face the ...
Generali Unveils $4.3B Plan to Support COVID-Hit Euro Economies
Italy's top insurer Generali said on Wednesday it launched a 3.5 billion euro ($4.26 billion) investment plan over five years to support the recovery of European countries hit by COVID-19. The plan, ...
The Latest Launches From Chubb, Hippo and HSB
Chubb has launched a new cyber insurance brand. Hippo is partnering with ADT to offer access to smart home services. HSB has introduced new workplace violence coverage for small and midsize ...
Insurance Industry Adds Nearly 20K Jobs During Pandemic
Levels of employment for the insurance industry are "holding up much stronger than the overall economy," the leader of an insurance search firm said recently, reporting that insurers have added ...
Workers Comp Remedy Bars Wife’s COVID Suit vs. Husband’s Employer
A federal judge tossed out a lawsuit that sought to hold an employer responsible for a worker's spouse getting sick with COVID-19. U.S. District Judge Maxine M. Chesney in San Francisco on Monday ...
Workers Comp and COVID: More Data on Evolving Claims
Workers compensation insurers aren't getting the large aggregate volumes of COVID-related claims projected during the early months of the pandemic, but different data sources give varying readouts on ...
100M Workers Need Retraining For New Post-Pandemic Careers: McKinsey
Tens of millions of workers in developed economies will have to retrain for secure careers in post-COVID labor markets reshaped by the pandemic and the remote working revolution, a report by ...
BIG La. Case Against Lloyd’s For COVID BI Cover Rejected; Travelers Ohio Win
A New Orleans judge denied a motion for declaratory judgment that insurance coverage is owed to a restaurant for business income that was lost when it was required to close its dining room because of ...