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

Fired New Mexico Archaeological Official Sues Governor, Others

The former director of the New Mexico Office of Archaeological Studies is suing state officials, saying his race and gender played a role in his firing. Eric Blinman filed a lawsuit in federal court late last week against Gov. Michelle …

University Employees Say They Were Fired for Using ‘He/Him,’ ‘She/Her’ in Emails

Shua Wilmot and Raegan Zelaya, two former dorm directors at a small Christian university in western New York, acknowledge their names are unconventional, which explains why they attached gender identities to their work email signatures. Wilmot uses “he/him.” Zelaya goes …

AIG to Sell Validus Re to RenRe in $3B Deal

American International Group (AIG) said late Monday it has entered into an agreement to sell Validus Re to RenaissanceRe Holdings for about $3 billion, mostly cash. The deal, expected to close during the fourth quarter, includes AlphaCat and renewal rights …

Swiss Re Becomes Fourth Insurer to Leave Net Zero Group

Swiss Re is quitting the world’s main climate alliance for insurers, joining a growing exodus from the coalition of some of the industry’s biggest companies. The world’s second-largest reinsurer is now the fourth major company to walk away from the …

2 Killed When Plane Headed for Hawaii Crashes in Northern California

Two people were killed when a small plane headed for Hawaii crashed in the Pacific Ocean shortly after takeoff from Northern California, federal officials said Sunday. The Viking Air DHC-6-400 Twin Otter crashed around 2:15 p.m. Saturday in the water …

People Moves: Aspen Appoints Boon Head of Singapore; Liberty Mutual Hires Patrick Thielen Global Head of Cyber; Guy Carpenter Makes Senior Moves in Europe

Aspen Appoints Boon as Head of Singapore; Morely Relocates to London Aspen Insurance Holdings Limited has appointed industry veteran Tay Boon Chuan as head of Singapore, effective June 1. Aspen is headquartered in Hamilton, Bermuda. Boon joins Aspen after 12 …

Lawmakers Warn Leaky, Crumbling UK Parliament at Risk of ‘Catastrophic’ Event

Britain’s Parliament building is an architectural masterpiece, a UNESCO World Heritage Site visited by 1 million people a year. It’s also a crumbling, leaky, asbestos-riddled structure at “real and rising” risk of destruction, lawmakers said Wednesday. In a hair-raising report, …

How Will Economic Pressures Affect P/C Industry?

How could the current economic environment affect workers compensation – and the property and casualty insurance industry overall – in 2023? Earlier this month, insurance veteran Robert Hartwig forecasted answers. Hartwig, a clinical associate professor of finance and insurance at …

France and Germany Show No Sign of Agreement on Role of Nuclear in Clean Energy

France and Germany are showing no sign of nearing a compromise on the role of nuclear energy in the European Union’s transition to cleaner energy, highlighting the challenge faced in reaching a deal in the coming weeks to push ahead …

Lawsuit Over Trident ‘Original Flavor’ Gum Is Dismissed

A federal judge in Illinois has dismissed a lawsuit accusing Mondelez International Inc of deceiving consumers into believing its Trident “Original Flavor” gum contained real mint. U.S. District Judge Iain Johnston said it was “fanciful” to believe reasonable consumers would …