News
Zurich Insurance Reports 35% Increase in 2021 Operating Profit to $5.7B
Zurich Insurance expects continued revenue and profit growth in the next two years, its chief financial officer said on Thursday, after the Swiss insurer reported its biggest annual profit since the ...
Major Companies Failing Net-Zero Climate Pledge Test: Report
The climate pledges of 25 of the world's largest companies will have only a limited impact on their actual greenhouse gas emissions, according to a new report. The Corporate Climate Responsibility ...
10 Cyber Attacks in 2021 Cost $600M With 40,000 Businesses Put at Risk: TMHCCI Report
In just 10 cyber incidents last year, over $600 million in cash was stolen or taken as ransom, tens of millions of citizen records stolen, 40,000 businesses' IT operations put at risk, one billion ...
Bipartisan Report Calls for New Strategy, Cabinet Post to Fight Opioid Epidemic
The U.S. needs a nimble, multipronged strategy and Cabinet-level leadership to counter its festering overdose epidemic, a bipartisan congressional commission advises. With vastly powerful synthetic ...
American Family Insurance Group Raising Minimum Pay to $23 Per Hour
American Family Insurance group announced it is raising its minimum hourly wage to $23 per hour—its second increase in two years. The wage increase, which will take effect in July, will result in ...
Experts to Visit Fukushima Plant to Check Water Release Plan
A team of experts from the International Atomic Energy Agency will visit Japan's wrecked Fukushima nuclear power plant next week to review plans to begin releasing more than a million tons of treated ...
Tokio Marine Invests in Satellite Imaging Specialist ICEYE, Enters Nat-Cat Collaboration
ICEYE, the Helsinki-based synthetic aperture radar (SAR) data provider and specialist in natural catastrophe solutions, announced that Tokio Marine Holdings has made a strategic investment in the ...
Another Big Insurer Stops Writing Florida Homeowners
The Florida property insurance market is showing more signs of trouble, with one of the state's largest carriers deciding to stop writing new homeowners business in the state—while also asking for ...