News
Marsh McLennan CEO Glaser to Retire; Doyle Will Take the Helm in 2023
Marsh McLennan announced that Daniel S. Glaser will retire at year end following a decade leading the company. John Q. Doyle will succeed him as president and chief executive officer, as well as ...
‘Captain America’ Swoops in to Fix Hurricane-Hit Roofs in New Orleans
Actor Anthony Mackie was not carrying his Captain America shield when he returned to his hometown of New Orleans to help repair hurricane-damaged roofs. But for people in his old neighborhood, ...
Marsh Clients Can Pay Fees With Carbon Credits
Marsh announced that U.S. clients now have the option to pay their service fees in voluntary carbon offset credits and renewable energy certificates (RECs). The move — believed to be a ...
Federal Appeals Court Upends $6M Lead Paint Verdict From 2019
A federal appeals court has cleared one paint manufacturer and ordered a retrial for two others in a case in which a jury in 2019 awarded $6 million to three men whose brain damage was blamed on ...
Safety Board Recommends Blood Alcohol Technology in All New Cars
The National Transportation Safety Board is recommending that all new vehicles in the U.S. be required to have blood alcohol monitoring systems that can stop an intoxicated person from driving. The ...
Coalition of Insurers, Pension Funds Commit $7.1 Trillion to Support 1.5°C Climate Goal
A coalition of pension funds and insurance companies that includes Allianz SE, the California Public Employees' Retirement System and Zurich Insurance Group AG have committed to managing $7.1 ...
Travelers, Google Cloud to Build Data System to Underwrite Commercial Risk
Google Cloud and The Travelers Companies said they are working together to create a cloud-based data ecosystem that will help Travelers' underwriters more efficiently evaluate risks for large and ...
Gallagher, Alliant Agree to Settle Latest Dispute Over Alleged Poaching
Brokers Arthur J. Gallagher and Alliant Insurance Services jointly filed to tell a judge they have agreed to work out a settlement to end a short but contentious dispute over employee-poaching ...