Specialty
Allianz Investment Arm Plans to Slash Investment in Some Coal Businesses
Allianz Global Investors plans to curtail investments in certain coal businesses by the end of the year. The 598 billion-euro ($707 billion) investment manager said in a statement Thursday that ...
EU OKs $30B Aon/Willis Towers Watson Merger; U.S. Roadblocks Remain
The European Commission has approved the acquisition of Willis Towers Watson by Aon, lifting a major roadblock to the proposed $30 billion merger. But there are more roadblocks to overcome. The ...
Canada Halts Trains for 48 Hours in Parts of B.C. After Wildfire Surge
Canada on Friday ordered trains to cease operations for 48 hours in areas of British Columbia hit by a recent spate of wildfires, including one that wiped out an entire town and killed two people, ...
Progressive Plans Hiring Spree: 6,400 New Employees by Year’s-End
Progressive Insurance is embarking on a hiring spree. The insurer said it intends to hire up to 6,400 new employees across the country during the remainder of 2021. The Mayfield Village, ...
Tokio Marine, Other Frustrated Olympic Sponsors Cut Back Promotional Events
Japanese Olympics sponsors are canceling or scaling back booths and promotional events tied to the Tokyo 2020 Games, frustrated by "very last minute" decisions by organizers and a delay on whether ...
U.S. Businesses Advance Diversity Initiatives, but Disconnects Remain: Marsh/RIMS Report
U.S. businesses are increasingly pursuing diversity, equity and inclusion initiatives but they continue to have some disconnect about how important the effort is, according to a new Marsh/RIMS ...
InsurTech NY Now Accepting Applications for 2021 Startup Accelerator Program
InsurTech NY is now accepting applications for its growth-stage InsurTech startup accelerator. The application window is open from July 7 to August 2 and applications will be accepted through the ...
Global Financial Regulators Seek Coordinated Efforts to Prepare for Climate Change Risks
The world's top financial regulators want to coordinate efforts to prepare for potential risks from climate change as authorities still lack common standards for assessing what could be one of the ...