President Donald Trump is moving aggressively to undo policies designed to keep the carbon-cutting promises the U.S. made alongside nearly 200 other countries in Paris, while stopping short of a decision to formally withdraw from that landmark climate accord. Trump …
Insured losses from disasters rose 42 percent to $54 billion last year, according to Swiss Re. That’s the highest since 2012 and the equivalent of 0.07 percent of global gross domestic product. Floods in Europe, the U.S. and China, earthquakes …
Insurance agencies that stress “soft” benefits have the upper hand in recruiting workers in today’s competitive job market. Employees are increasingly seeking out “soft” benefits in addition to traditional “hard” benefits from their employers. While employees still greatly value salaries, …
Aviva Plc is exploring a sale of its Friends Provident International unit, which offers life assurance and investment products, in a deal that could raise between $500 million and $700 million, a source with direct knowledge of the matter said. …
Rogers & Gray Insurance, a Kingston, Mass.-headquartered independent insurance agency, has hired Joe Rossi as a flood specialist. Rossi formed the non-profit Marshfield Citizens Coastal Coalition (MCCC) in February of 2012, seeking stronger citizen representation of coastal issues. The MCCC …
Citigroup Inc. will seek bids from global insurers keen to sell general insurance products across the U.S. bank’s Asia-Pacific markets, in a deal that could be worth at least $500 million, a source with knowledge of the matter told Reuters. …
A woman who enrolled in Columbia University partly because she wanted to be part of the emotional debate there over on-campus sexual assaults sued the school Tuesday, saying she was raped twice in her dorm room during her freshman year. …
Fitbit Inc. is headed toward a trial over claims it stole rival Jawbone Inc.’s trade secrets, after failing to persuade a judge to throw the case out. A California state judge on Friday rejected Fitbit’s argument that the lawsuit is …
For Bill Gross, the long goodbye is finally over. More than two years after the legendary bond manager was ousted from Pacific Investment Management Co. — the firm he co-founded and built into a $2 trillion asset manager — he …
Lloyd’s of London, the world’s largest specialty insurance market, will this week pick Brussels or Luxembourg for its planned European Union subsidiary, after Dublin had been an early favorite, sources say. Lloyd’s has been one of London’s most vocal financial …
