The European Union is bolstering its 14-trillion-euro ($17 trillion) economy against damage caused by the impacts of climate change, from droughts to floods and forest loss. Under an updated climate adaptation strategy unveiled Wednesday, the European Commission is calling for …
Farmers Edge Inc. raised about C$125 million ($100 million) in its Canadian initial public offering after selling shares at the top end of its marketed range, according to people familiar with the transaction. Farmers Edge sold shares for about C$17 …
UK insurer RSA has reported a 2020 business operating result of £751 million ($1.1 billion), up 15% from £656 million ($926 million) reported during 2019. The group paid out some £4.6 billion ($6.5 billion) in “normal” claims while also providing …
DUBLIN – Irish insurer FBD more than doubled the money set aside to cover lockdown-linked claims to 65 million euros ($79 million) after it lost a test case brought by four publicans over a policy that included business-interruption losses. Ireland’s …
A Galveston, Texas-based marine services company, will pay $125,000 and furnish significant equitable relief to settle a disability discrimination lawsuit, federal officials say. The U.S. Equal Employment Opportunity Commission (EEOC) lawsuit alleges T&T Subsea LLC fired a commercial diver because …
A Houston-area woman whose mother and three children were killed during the widespread power outages in Texas says she hopes to use money from a fundraising campaign to increase awareness about fire safety. Jackie Nguyen, 41, said that amid frigid …
A federal judge has dismissed a discrimination lawsuit by a transgender fire chief who led a rural Georgia city’s fire department for more than a decade, then got fired 18 months after first coming to work as a woman. U.S. …
Southern Insurance Underwriters, Inc. (SIU) has added John Kiernan to its Marine Brokerage team. He will be based in Alpharetta, Ga. Kiernan comes to SIU with experience in underwriting all classes of hull, marine liability and recreational marine business. Kiernan …
Poms & Associates has named Jo Anne Roque vice president of risk services, and Nikki Evaniuck senior account manager. Roque is a member of the Poms & Associates risk services team that serves the New Mexico Public Schools Insurance Authority. …
Levels of employment for the insurance industry are “holding up much stronger than the overall economy,” the leader of an insurance search firm said recently, reporting that insurers have added almost 20,000 jobs since March 2020. The actual number, 19,700 …
