October 31, 2022
The New York State Insurance Fund (NYSIF), the state’s largest workers’ compensation insurer, announced that it will extend coverage to out-of-state employees for the first time. Under the initiative, any New York-based employer that has at least 50% of its …
October 31, 2022
Lloyd’s of London insurer Ascot is suspending writing cover for new shipments using the Ukrainian grains corridor in the Black Sea until it has more clarity about the situation there, a senior official said on Monday. Moscow said it was …
October 31, 2022
Ships brought grain from Ukrainian ports on Monday, suggesting Moscow had stopped short of reimposing a blockade that might have caused world hunger, despite suspending its participation in a U.N. program to safely export grain from the war zone. Air …
October 31, 2022
Survivors of storms that pounded several U.S. states say the nation’s disaster aid system is broken and that they want reforms to get money into victims’ hands faster, with less red tape. On the 10th anniversary of Superstorm Sandy’s landfall …
October 31, 2022
The viral quiet quitting trend is taking hold in finance — once the industry with the most engaged workers, according to a new study. The share of workers who said they’re “very likely” or “extremely likely” to try their hardest …
October 31, 2022
The White House will host officials from 37 countries and 13 global companies in Washington this week to address the growing threat of ransomware and other cyber crime, including the illicit use of cryptocurrencies, a senior U.S. official said. The …
October 31, 2022
Twitter’s new owner Elon Musk has denied a New York Times report about laying off Twitter employees at a date earlier than Nov. 1 to avoid stock grants due on the day. In a response to a Twitter user asking …
October 31, 2022
When senior figures from the City of London gathered for a dinner in July at the historic Mansion House, they broke into applause for someone who was not there. John Glen had just resigned as the government’s City minister, citing …
October 31, 2022
Insured losses for the severe storms, which hit Southern Australia on Oct. 28-30, 2021, are estimated at A$972 million (US$623.1 million), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. This fourth and final estimate dropped …
October 31, 2022
Brit Ltd., the London-based specialty insurer and reinsurer, announced that Matthew Wilson will be stepping down from his role as group CEO and will be succeeded by Martin Thompson, who will become the new group CEO and executive chairman of …