This edition of International People Moves details appointments at broker Willis Towers Watson, specialty insurer Fusion and insurer Beazley. A summary of these new hires follows here. Willis Towers Watson Hires ERS’ Shepherd as Head of Global Facultative Insurance broker …
The Biden administration on Thursday began a process to amend federal procurement rules to require the U.S. government – the world’s largest buyer of goods and services – to factor the risks of climate change into its contracts. The administration …
During the COVID-19 crisis, global cyber attacks skyrocketed in a digital pandemic driven by ransomware, according to a report published by Allianz Global Corporate & Specialty (AGCS). Further, the report noted, business interruption and restoration costs are the main causes …
Allianz Global Corporate & Specialty (AGCS) has published a checklist of cyber risk management recommendations to help prevent ransomware attacks. “In around 80% of ransomware incidents, losses could have been avoided if the organizations had followed best practices. Regular patching, …
A federal judge has struck down Missouri’s requirement that a majority of the owners of companies that dispense, grow or manufacture marijuana must be state residents. U.S. District Judge Nanette Laughrey issued a permanent injunction against the residency requirement, The …
Humn, a UK-based insurtech MGA focused on data-driven commercial fleet insurance, has raised $13.7 million in new financing. The money will fuel, in part, further development of its technology and a European expansion. BXR Group and Shell Ventures led the …
An Austin luxury car dealer has been sued by the U.S. Department of Labor for terminating an employee who warned managers and other co-workers about potential coronavirus hazards in the workplace. The action follows an OSHA investigation that found Hi …
Eight in 10 UK companies struggled to find workers last month despite many of them increasing wages, according to a survey that shows labor shortages are intensifying. The proportion was up sharply from three months earlier, with the squeeze most …
The life insurance industry is at risk if there is a sharp rise in bond yields, with an extreme situation potentially causing insurers to liquidate investments reaching $1 trillion in the United States and Europe, the International Monetary Fund warned …
England will be hit hard by floods like those that devastated Germany this summer if the country does not improve its defense against more extreme weather brought by climate change, a governmental agency said Wednesday. In a report, the Environment …
