Industry News
35% of Workplace Injuries Occur During First Year: Travelers
A new study by Travelers of workers compensation claims found that 35 percent of injuries occur during employees' first year on the job, regardless of age or industry experience. "Our data ...
Allianz Partners With Africa’s Largest Insurer on $2.1B Deal
Sanlam Ltd., Africa's largest insurer, agreed to form a joint venture with Germany's Allianz SE that will combine their assets on the continent valued at 2 billion euros ($2.1 billion) and help the ...
Capacity Crunch in Cyber Expected to Continue, Says CyberCube’s Baker
Cyber insurance is experiencing a capacity crunch right now, and although that is expected to continue through at least the end of the year, it's not all bad news, according to Brittany Baker, senior ...
Global Supply Chain Woes Worsen, With Major Ports Facing Long Delays
Global supply chain problems look set to worsen, a new report published on Tuesday said, as China's COVID-19 lockdowns, Russia's invasion of Ukraine and other strains cause even longer delays at ...
U.S. SEC Ramps Up Crypto Fraud Oversight by Adding 20 Employees
The U.S. Securities and Exchange Commission (SEC) said on Tuesday it will add 20 positions to its enforcement unit for crypto markets in its push to curb fraudulent activities in the hot digital ...
AIG Q1 Net Income Up as Underwriting Profit Soars
First-quarter underwriting profit soared as AIG reported net income of $4.25 billion compared with $3.87 billion during the 2021 first quarter. Underwriting income in AIG's General Insurance unit was ...
U.S. Solar Industry Warns of Slowdown Due to Supply Chain Disruptions, Tariff Uncertainty
The U.S. solar industry is warning of a big slowdown in project installations this year as global supply chain disruptions and the threat of new U.S. tariffs on panel imports from Southeast Asia hit ...
Berkshire Hathaway’s Buffett Talks Nuclear Risk and Tribalism
Shareholders attending Berkshire Hathaway's annual meeting on Saturday had questions about what will happen to the conglomerate when Chairman Warren Buffett is no longer around to lead it. They also ...