Industry News
What to Know About the Wildfire Smoke Drifting Into the U.S.
Millions of Americans woke up to apocalyptic, orange skies Wednesday as thick smoke from wildfires in Canada moved across the U.S. Northeast, spawning air quality warnings from Massachusetts to ...
Reduced Drought Severity Lessening Chances for Grim Wildfire Season
The U.S. experienced a below normal number of fires and acres burned this year, according to a national agency tasked with monitoring fire activity in the nation. Above-normal winter precipitation ...
Sources Say Hamilton Insurance Group Mulling Potential IPO, Sale
Hamilton Insurance Group is considering strategic options amid growing momentum for deals involving insurance and reinsurance companies, people familiar with the matter told Reuters. The ...
California, Other States Rattled by Insurance Carrier Withdrawals
Two insurance industry giants have pulled back from California's home insurance marketplace, saying that increasing wildfire risk and soaring construction costs have prompted them to stop writing new ...
Cycling Fatalities Reach 46-Year High
Cyclist fatalities reached a multi-decade high in 2021. According to a recent report from the National Highway Traffic Safety Administration, 966 pedal cyclists were killed in traffic crashes in ...
Executives on the Move at AXA XL, Guy Carpenter, Chaucer
AXA XL announced that Renaud Guidée has been appointed chief executive officer, Reinsurance, effective Sept. 1, 2023. He assumes the role from Nancy Bewlay, who has been appointed group chief ...
SEC Sues Binance and Founder Zhao Over ‘Web of Deception’
U.S. regulators sued Binance and its CEO Changpeng Zhao on Monday for allegedly operating a "web of deception," piling further pressure on the world's biggest cryptocurrency exchange and sending ...
Executives on the Move at American Family Ventures, Corvus, Markel
American Family Ventures (AFV) has appointed Dr. Henna Karna as an Entrepreneur in Residence. AFV Managing Director Dan Reed said that Karna's "exceptional track record and leadership in technology ...