News
Tesla Bets It Can Bring Down Insurance Costs, Make Driving Safer
For more than six weeks now, the tech and finance industry has been riveted by Elon Musk's pursuit of Twitter. The topic has sucked up tons of oxygen and contributed to Tesla shares sagging amid a ...
Executives on the Move at Zurich, SiriusPoint, Acrisure, Canopius
Zurich Insurance Group has appointed Sarah Maillet as chief financial officer of Commercial Insurance, effective June 1, 2022. She will report to Sierra Signorelli, CEO Commercial Insurance, and be ...
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 ...
Rise of Remote Work to Define Future of City of London
More than 85 percent of UK finance workers no longer view the office as their main place of work, highlighting the challenge the industry faces if it tries to persuade bankers to return to ...
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 ...