August 6, 2024
Nearly a third of existing carbon credits have failed to meet criteria for a new standard that aims to serve as the global benchmark for the voluntary carbon market, its board said on Tuesday. In the voluntary market, companies can …
August 6, 2024
Global insurance brokerage Hub International Limited announced it has acquired Insurance Management Company (IMC). Located in Erie, Pennsylvania, IMC provides commercial insurance and risk management services to commercial, industrial, institutional and construction risks, with offerings that complement Hub’s existing specialty …
August 6, 2024
Cash-strapped Thames Water is seeking to strike a deal with its regulator to avoid a fine of £104 million ($133 million) for polluting rivers. Industry regulator Ofwat said the utility released raw sewage from wastewater treatment works for years without …
August 6, 2024
HPM Insurance of Amherst, New Hampshire reports it has acquired Insurance Savers Agency, a personal and commercial lines agency with offices in the towns of Littleton and Thornton. The purchase of Insurance Savers Agency expands the footprint of HPM Insurance …
August 6, 2024
The US Congress passed the Coastal Barrier Resources Act in 1982 to preserve relatively undeveloped waterfront areas as natural buffer zones. At least 1.4 million acres along the Atlantic and Gulf coasts were made ineligible for the kind of federal …
August 6, 2024
Singapore ministers addressed concerns about Allianz SE’s plan to buy a majority stake in Income Insurance Ltd., saying it would be held to account on its commitments and that the potential deal isn’t expected to adversely impact competition in the …
August 6, 2024
U.S. central bank policymakers pushed back on Monday against the notion that weaker-than-expected July jobs data means the economy is in recessionary freefall, but also warned that the Federal Reserve will need to cut rates to avoid such an outcome. …
August 6, 2024
Warren Buffett appears to have soured on stocks, letting cash at Berkshire Hathaway soar to nearly $277 billion and selling about half its stake in Apple, even as the conglomerate posted a record quarterly operating profit. Berkshire’s results released on …
August 6, 2024
Analysis of 1.2 million workers compensation claims reveals the costliest claims are driven by the most common workplace accidents, according to Travelers 2024 Injury Impact Report. The data also shows first-year employees are still among those most vulnerable to injury. …
August 6, 2024
The U.S. Commerce Department is expected to propose barring Chinese software in autonomous and connected vehicles in the coming weeks, according to sources briefed on the matter. The Biden administration plans to issue a proposed rule that would bar Chinese …