Industry News
PIMCO Sued Over ‘Fraternity’ Culture by Minority Ex-Workers
Pacific Investment Management Co. now has both men and women suing over a "fraternity" culture that allegedly favors white males. Two men, a Black ex-employee and a former contractor who is Asian, ...
Activist Group Says U.S. Insurers Trying to Weaken Climate-Related Regulations
A number of businesses within the U.S. insurance sector are trying to weaken or delay emerging climate-related insurance regulation at federal and state levels, according to climate think tank ...
Buttigieg Sends $5B to Cities for Safety as Road Deaths Soar
With new data showing traffic deaths soaring, the Biden administration is steering $5 billion in federal aid to cities and localities to address the growing crisis by slowing down cars, carving out ...
Global Supply Stress Worsened in April, NY Fed’s Index Shows
Stress on global supply chains worsened in April as coronavirus lockdown measures in China and the war in Ukraine lengthened delivery times and air freight costs between the United States and Asia ...
SiriusPoint Chairman and CEO Sankaran Resigns
SiriusPoint Ltd. announced that Chairman and CEO Siddhartha (Sid) Sankaran has resigned from the company to pursue other opportunities. Daniel Malloy has been named as interim chief executive officer ...
U.S. Traffic Deaths Jump 10.5% in 2021 to Highest Number Since 2005
U.S. traffic deaths jumped 10.5 percent in 2021 to 42,915 — the highest number killed on American roads in a single year since 2005, according to a preliminary estimate from U.S. regulators. The ...
Businesses See Cyber Attacks as Biggest Threat – Ahead of Pandemic, Economy: Survey
Cyber attacks are now seen as the dominant risk for many businesses—ahead of the pandemic, economic downturn, skills shortages and other issues, according to a report published by Hiscox. For its ...
How Climate Change Is Fueling More Intense Global Wildfires
Already, 2022 is taking its place in a pantheon of years that have seen the nature of fire change—and all parts of the world fall under threat. It's only expected to get worse, with drought and ...