July 22, 2021
American International Group Inc., one of the largest U.S. insurers, has set Sept. 14 as its global return-to-office date, Chief Executive Officer Peter Zaffino told employees on Wednesday in a memo seen by Reuters. Zaffino said local regulations will continue …
July 22, 2021
Heavy rains caused more than 430,000 of sewage overflows near Mobile, while another round of downpours prompted flash flood alerts in central Alabama. In Prichard, just north of Mobile, health officials told residents to stay away from standing water that …
July 22, 2021
MILAN – Shareholders representing about 16% of Generali are ready to ask the chief executive not to present a 2022-2024 business plan, a move that would challenge the insurer’s leadership, daily La Repubblica reported on Thursday. Generali’s CEO Philippe Donnet, …
July 22, 2021
Specialist global insurer Hiscox announced that after 21 years as group chief executive, Bronek Masojada plans retire at the end of the year. In January 2022, he will be succeeded by Group Chief Financial Officer Aki Hussain, subject to regulatory …
July 22, 2021
Deadly floods that have upended life in both China and Germany have sent a stark reminder that climate change is making weather more extreme across the globe. At least 25 people in the central Chinese province of Henan died on …
July 22, 2021
Georgia’s suspended insurance commissioner testified at his federal fraud trial Tuesday, saying he oversaw valuable work for his former employer and that hundreds of thousands of dollars that flowed to an entity he controlled was not part of a scam. …
July 22, 2021
China’s Henan province is bracing for more heavy rain after severe flooding that sparked large-scale evacuations left at least 33 dead, while minor disruptions to manufacturing and commodity production continued. The death toll includes at least 12 people who were …
July 22, 2021
UVeye, a company that uses artificial intelligence to do fast vehicle inspections, has raised $60 million from investors including used car retailer CarMax Inc. and the insurer W.R. Berkley Corp. “The completion of Series C funding represents a significant step …
July 22, 2021
Mississippi’s top public health official said Monday that the state is seeing a rapid increase in COVID-19 cases in July. “4th wave is here,” Dr. Thomas Dobbs, the state health officer, wrote on Twitter. The Mississippi State Department of Health …
July 22, 2021
California Insurance Commissioner Ricardo Lara made several new appointments, including naming one member to the California Automobile Assigned Risk Plan Advisory Committee, one member to the California Insurance Guarantee Association Board of Governors, two members to the California Organized Investment …