December 20, 2022
European Union unity over sanctions on Russia has started to falter as jitters about the impact on Europe’s own stumbling economy weakens resolve to punish Moscow for war in Ukraine. EU leaders agreed on Thursday [Dec. 15] to a ninth …
December 20, 2022
After a turbulent few weeks during which some of the world’s biggest asset managers removed coveted ESG tags from huge chunks of their business, industry bosses have had enough. Managers running the funds affected are now talking openly of the …
December 20, 2022
To compete for top IT talent, the insurance sector will need to evolve. Jay Rabinowitz, vice president of financial services and insurance at Workday, predicts that IT and data scientists at insurance companies will be recruited away by tech firms …
December 20, 2022
When Twitter abruptly suspended the accounts of several journalists with no explanation, the platform’s owner Elon Musk hinted at the possible reason: They allegedly doxxed him. “You dox, you get suspended. End of story. That’s it,” he said on a …
December 20, 2022
Fund managers who haven’t cared about biodiversity may soon find they have to. In the early hours of Monday in Montreal, a deal was struck that has the potential to shake up the regulatory landscape for the investment industry. After …
December 20, 2022
Ascendant Names Three Marketing Reps Ascendant Insurance Solutions, based in Coral Gables, Florida, has named three new marketing representatives. Jackie Cook, with more than 30 years of experience in commercial and personal lines insurance, will cover Florida’s west coast, central …
December 20, 2022
The animals exclusion in an apartment complex owner’s liability policy is not ambiguous and the insurer rightfully denied a claim involving a boy who was injured when he was attacked by a dog while visiting in an apartment in the …
December 20, 2022
Subcontractor Grant Construction Inc. was hit with $1.3 million in wages and penalties. The California Labor Commissioner’s Office collected the wages and penalties as a result of a prevailing wage assessment against the Bakersfield-based subcontractor. The wages collected will compensate …
December 19, 2022
A small magnitude 3.6 earthquake struck the San Francisco Bay Area, jolting thousands of people awake and causing minor damage, the U.S. Geological Survey confirmed. The earthquake occurred at 3:39 a.m. Saturday and was centered in El Cerrito, according to …
December 19, 2022
Boston-based broker Risk Strategies announced it has acquired Statewide Condominium Insurance, a Vero Beach, Florida, retail broker focused on the condominium and apartment complex sectors. Founded in 1996, Statewide specializes in serving condominium operators and home-owners associations throughout the state, …