August 26, 2021
Two former top officials at a Massachusetts veterans home where nearly 80 residents died in one of the country’s deadliest COVID-19 outbreaks in a long-term care facility appeared in court Tuesday in an effort to have their criminal charges dismissed. …
August 26, 2021
Four insurance firms — Travelers, Coalition, Resilience Cyber Solutions and Vantage Group— were among the participants in the White House summit on cybersecurity along with giant technology firms and Biden Administration officials. “The federal government can’t meet this challenge alone,” …
August 26, 2021
Catastrophe modeling firm the Karen Clark & Company (KCC) estimates that the insured loss to onshore properties from Hurricane Grace will be around $330 million—$300 million in Mexico and $30 million in the Caribbean. The estimate is based on the …
August 26, 2021
This edition of International People Moves details appointments at QBE International, Zurich Insurance, and MGA Rokstone. A summary of these new hires follows here. QBE International Appoints Mejia as VP of Property Underwriting, LatAm QBE International has ramped up its …
August 26, 2021
The General Assembly finalized a police reform bill on Tuesday designed to get rid of undisciplined officers at North Carolina law enforcement agencies while emphasizing mental health assistance for others. The consensus measure, which creates both public and confidential databases …
August 26, 2021
Swiss Re and carbon removal specialist Climeworks are partnering to combat climate change — by signing the world’s first long-term purchase agreement for direct air capture and storage of carbon dioxide, worth US$10 million over 10 years. For Swiss Re, …
August 26, 2021
An explosion rocked an Alabama convention center, heavily damaging the building but causing no injuries, authorities said. The cause of the Monday night blast at Selma’s convention center _ which was unoccupied at the time was not immediately known, Al.com …
August 26, 2021
More Canadian businesses will introduce COVID-19 vaccine mandates for their employees to safely return to the office amidst a growing fourth wave, the minister in charge of procuring inoculations said in an interview. Canada’s five biggest banks last week said …
August 26, 2021
OTTAWA – Canada’s ruling Liberal Party said on Wednesday that if re-elected it would raise corporate taxes on the most profitable banks and insurers to help pay for the cost of the COVID-19 recovery. The Liberals said they would hike …
August 26, 2021
For the insurance industry to fulfill its stated commitment to combat climate change, it may want to accelerate its efforts to exit the oil and gas industry. To date, just one insurer has promised to take “significant action” in this …