News
WTW Survey Finds Great Resignation Unlikely to Slow Down Soon
A recent survey by global advisory, broking and solutions company WTW (Willis Towers Watson) found that the great resignation is showing no signs of easing. More than half (53 percent) of U.S. ...
$10B Worst Case Insurance Aviation Loss for Planes Grounded in Russia
A realistic estimate of aviation insurance and reinsurance losses for the grounding of planes in Russia falls in the $5-$6 billion range, but a worst-case estimate of $10 billion would be the biggest ...
It has been said that the best advertisement for insurance is not having it (or not having enough of it)...
Actuaries: Climate Change, More WUI Building Worsening U.S. Wildfires
Increasingly large and dangerous wildfires are being driven by the effects of climate change and more building in the wildland-urban interface (WUI), and while that notion may not be entirely new, ...
The Latest Launches From Jerry, Applied Underwriters, Planck
Car ownership app Jerry launched its auto refinancing service, available exclusively in the Jerry app. An estimated 26 million Americans are in a position to be highly motivated to refinance their ...
U.S. SEC Unveils Landmark Climate Change Risk Disclosure Rule
The U.S. securities regulator on Monday unveiled a landmark proposal requiring U.S.-listed companies to disclose their climate-related risks and greenhouse gas emissions, part of a push by President ...
Ransomware Hackers Used AI Images, Microsoft Flaw in Campaign
A group of ransomware hackers used a variety of techniques to try breaching hundreds of companies last year, exploiting a vulnerability in Microsoft Corp.'s Windows and using artificial intelligence ...
Marsh Launches Risk Rating Tool to Assess Companies’ ESG Performance
Insurance broker Marsh announced the launch of its Environmental, Social and Governance (ESG) Risk Rating, an assessment tool that can measure an organization's ESG performance, enabling it to ...
Google Accused in Lawsuit of Systemic Bias Against Black Employees
A lawsuit filed on Friday accuses Google of systemic racial bias against Black employees, saying the search engine company steers them to lower-level jobs, pays them less and denies them ...