News
Citizens Adds Thousands of Policies but Has Yet to Complete Reinsurance Needs
Two developments at Citizens Property Insurance Corp. show how tough the Florida market continues to be, even after recent legislative action. At a Citizens Market Accountability Committee meeting ...
Google Agrees to Pay $118M to Settle Pay Equity Suit
Alphabet Inc.'s Google agreed to pay $118 million to settle a gender discrimination lawsuit with about 15,500 female employees, law firms representing the women said in a statement. In addition, an ...
Net-Zero Emissions Pledges by Big Global Companies Have ‘Credibility Gaps’: Report
Corporate plans to slash greenhouse gas emissions fall short of what is needed to combat climate change, with "major credibility gaps" found among the world's largest companies, according to a new ...
Simone Biles, Other Women Seek $1 Billion-Plus From FBI Over Nassar
Olympic gold medalist Simone Biles and dozens of other women who say they were sexually assaulted by Larry Nassar are seeking more than $1 billion from the FBI for failing to stop the sports doctor ...
Insurance Ban on Russian Tankers Could Help Cut Moscow’s Energy Revenues: Yellen
U.S. Treasury Secretary Janet Yellen said a plan to ban European and UK firms from insuring tanker shipments of Russian oil could help limit Moscow's energy revenues as allied countries seek to curb ...
Chubb Not Declaring Itself Net Zero, CEO Greenberg Says
In addition to predicting greater geopolitical volatility driven by global food and energy insecurity, Chubb's chief executive warned carriers to brace for greenwashing lawsuits on the ...
Alleghany Stockholders Approve Sale to Buffett’s Berkshire Hathaway
Alleghany Corp. on June 9 said its stockholders approved and adopted Berkshire Hathaway's offer to buy the company for $11.6 billion. "We are pleased our stockholders have overwhelmingly voted to ...
Howden Group to Acquire TigerRisk Partners to Create ‘Much-Needed’ Fourth Reinsurance Broker
Howden Group Holdings said it has created the "much-needed fourth global player in the reinsurance market" with an announcement it has acquired TigerRisk Partners to bolster the scale and depth of ...