France’s financial regulator will subject banks and insurers to climate change stress tests next year, central bank governor Francois Villeroy de Galhau said on Friday. Investors are increasingly putting pressure on companies to make concrete steps to helping implement the …
The European insurance sector is too fragmented but large cross-border deals are not the solution to the problem, the head of Europe’s fifth-biggest insurer Zurich said in a newspaper interview on Thursday [Nov 28]. “I don’t believe in market consolidation …
Texas Mutual Insurance Co. recently paid $3.5 million in early qualifier dividends to approximately 3,200 newer policyholder owners across the state. This payout is the final component of the company’s $330 million record dividend distribution to more than 55,000 policyholders …
Lansing, Mich.-based AF Group and Michigan State University (MSU) Department of Statistics and Probability have teamed up to offer a master’s-level certificate in Quantitative Risk Analytics exclusively to AF Group teammates. The partnership was formed through the collaborative efforts of …
A Kentucky school district plans to sue electronic cigarette companies for creating what it says is an epidemic of nicotine addiction affecting student health and school learning environments. News outlets report the Bullitt County Board of Education announced Wednesday that …
Patriot Growth Insurance Services, LLC, a national insurance agency, has added Shapiro Insurance Group (SIG) to its platform. The partnership with SIG marks Patriot’s entry into the Florida marketplace and strengthens its existing capabilities in the property and casualty insurance …
Casino mogul Steve Wynn agreed to pay $20 million toward a settlement of shareholder lawsuits that claimed Wynn Resorts Ltd.’s board had been complicit in his alleged sexual misconduct. The former chief executive officer stepped down from the company in …
The Atlantic Ocean has spawned lots of storms this season while doing much less damage than prior years. But warming waters promise trouble ahead. The 2019 Atlantic hurricane season, which ends Nov. 30, has been the eighth most-active in named …
AUSTIN, Texas , NOV. 29 —Officials lifted evacuation orders Friday for around 50,000 people on the Texas Gulf Coast, determining a massive fire was finally under control at a chemical plant rocked by two major explosions three days earlier. “We …
The U.K. economy could face hits of more than 12 billion pounds ($15.4 billion) a year by 2050 from coastal damages alone if no action is taken to combat climate change, according to the WWF. The calculations — made on …
