Monthly Archives: <span>January 2023</span>

People Moves: Insurtech Send Expands With Riley in Marketing; NFP Hires Smith for Employee Benefits

Insurtech Send Announces Senior Hire for North American Expansion Insurtech Send Technology Solutions Ltd. has appointed New York-based Charlie Riley as vice president of marketing, North America, following a $10 million Series A funding round in November 2022. This is …

$1.5B Dike Repair Finally Done at Florida’s Okeechobee, Protecting Thousands of Home

After 18 years, a $1.5 billion project was officially completed to repair the sprawling dike around Florida’s Lake Okeechobee that protects thousands of people from potentially catastrophic flooding during hurricanes. The Herbert Hoover Dike project overseen by the U.S. Army …

Report on Mass Shootings Urges Workplace Violence Prevention Plans

As the nation reels from a week of high-profile shootings, a new report on mass attacks calls for communities to intervene early when they see warning signs of violence, encourages businesses to consider workplace violence prevention plans and highlights the …

‘A Tale of Two Halves’ for 2022’s Insurance Mergers and Acquisitions

Last year was a tale of two halves for insurance mergers and acquisitions. OPTIS Partners reports 987 agency mergers and acquisitions were announced in 2022 – down 8% from 2021. A significant rise in interest rates and economic uncertainty may …

CFOs Now Occupy Hottest Seat in Boardroom and Most Acute Labor Shortage

It’s not just truck drivers and nurses. The most acute labor shortage for many companies right now is the chief financial officer. Assignments for CFO appointments across Europe, the Middle East and Africa are up almost a third on this …

U.S. Says It ‘Hacked the Hackers’ to Bring Down Hive Ransomware Gang

The FBI on Thursday revealed it had secretly hacked and disrupted a prolific ransomware gang called Hive, a maneuver that allowed the bureau to thwart the group from collecting more than $130 million in ransomware demands from more than 300 …

British Financial Services Damaged by Slow Supervisors, Report Warns

Britain’s regulators can be slow, inefficient and unpredictable, raising costs and slowly damaging the financial sector’s global competitiveness, industry body TheCityUK said in a report. Complex, opaque and slow authorizations, such as for a new chief executive or a new …

Amazon Rainforest Is Deteriorating Too Fast for Species and Climate to Adapt: Reports

Two new scientific review articles by international teams of researchers paint a bleak picture of the state of the Amazon rainforest: The critical ecosystem is being damaged at an unprecedented pace, they warn, which may usher in “a qualitatively different …

EU Eyes $100/Barrel Cap on Russian Premium Oil Products in Next Round of Sanctions

The European Commission is proposing that the EU set a $100 per barrel price cap on premium Russian oil products like diesel and a $45 per barrel cap on discounted products like fuel oil, European Union officials said on Thursday. …

British Motor Insurer Direct Line’s CEO James Steps Down

Direct Line Insurance Group’s chief executive of nearly four years, Penny James, will step down with immediate effect after the British motor and home insurer faced “significant headwinds” in recent months, the company said on Friday. James, who joined Direct …