National News

Travelers Names Cohn to New Chief Sustainability Officer Post

The Travelers Cos. has created a new position of chief sustainability officer and named Yafit Cohn to fill the post. Cohn will lead Travelers’ environmental, social and governance (ESG) efforts across the organization and will serve as a member of …

Women Accuse Opera Star Domingo of Sexual Harassment Over Decades

For decades, Placido Domingo, one of the most celebrated and powerful men in opera, has tried to pressure women into sexual relationships by dangling jobs and then sometimes punishing the women professionally when they refused his advances, numerous accusers told …

Prosecutors Allege Capital One Suspect Hacked 30 Other Companies

The Seattle woman accused of hacking into Capital One Financial Corp.’s cloud and stealing personal information on more than 100 million Americans also broke into servers of more than 30 other companies, the U.S. said in a request to keep …

42% of $44 Billion Global Catastrophe Losses in First Half Were Insured: Swiss Re

Natural catastrophes and man-made disasters in the first half of 2019 were responsible for USD $44 billion of economic losses globally, according to Swiss Re Institute’s preliminary sigma estimates. This figure is well below USD $109 billion, the average first-half …

Walmart CEO Calls for Congress to Debate Assault Weapons Ban

In the wake of a mass shooting at a Walmart Inc. store, Chief Executive Officer Doug McMillon called for an assault weapons ban to be debated by Congress and said he’s encouraged by growing support for gun-control measures like background …

Facebook Warned Its Employees, Not Users, About 2018 Breach, Lawsuit Says

Facebook users suing the world’s largest social media network over a 2018 data breach say it failed to warn them about risks tied to its single sign-on tool, even though it protected its employees, a court filing on Thursday showed. …

AIG Names Munich Re’s Olsen as General Insurance Unit’s Chief Actuary

American International Group announced that Richard Olsen will join the company as chief actuary, General Insurance, effective immediately. Olsen will lead the General Insurance global actuarial organization, with responsibility for aligning property/casualty pricing, portfolio and reserving practices with the objective …

Willis Towers Watson Appoints Garrard to Succeed Jones as Corporate Risk Leader

Global broker Willis Towers Watson has appointed Adam Garrard as leader for the Corporate Risk & Broking segment, effective immediately. Garrard replaces Todd Jones, who has accepted a position as CEO North America for QBE Insurance Group. Garrard, current WTW …

Willis Towers Watson’s Jones Named North America CEO by QBE, Replacing Johnston

QBE Insurance Group has appointed Todd Jones to the role of CEO North America, succeeding Russ Johnston who the company said has decided to seek opportunities outside of QBE. Jones joins QBE from Willis Towers Watson where he was most …

U.S. Scientist Files Whistleblower Complaint Over Order to Stop Climate Work

A climate scientist for the Trump administration’s health protection agency who was ordered by his agency to drop work on climate issues will file a whistleblower complaint this week with the U.S. Office of Special Counsel, his lawyers said on …

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