Siemens Energy’s Turbine Troubles Rattle Wind Sector July 7, 2023 By Christoph Steitz and Nina Chestney Siemens Energy’s disclosure of quality issues in its newer wind turbine models has exposed broader challenges in a sector suffering...
World Insurance Buys Schlegel & Schlegel Brokers on Cape Cod July 7, 2023 Insurance broker World Insurance Associates announced that it acquired the business of Schlegel & Schlegel Insurance Brokers Inc. of West...
90 Vermont Schools Sue Monsanto Over Toxic PCB Contamination of Buildings July 7, 2023 By Lisa Rathke Dozens of Vermont school districts have sued chemical giant Monsanto over toxic contamination in educational buildings from now-banned industrial chemicals...
Generali Buys U.S. Asset Manager Conning Under Deal With Cathay Life July 7, 2023 Generali has agreed to buy Connecticut-based asset manager Conning Holdings as part of a partnership with Cathay Life, a unit...
Update: China Ends Ant Group’s Regulatory Revamp With Fine of $984M July 7, 2023 By Julie Zhu and Jane Xu Chinese authorities announced on Friday a 7.12 billion yuan ($984 million) fine for Ant Group, ending a years-long regulatory overhaul...
Viewpoint: What Role Could Insurance Premium Finance Have Played in Recent Bank Failures? (Part 2) July 7, 2023 By Bill Villari The longer the maturity and the lower the coupon, the more sensitive the note/bond price is to changes in interest...
As Ukraine Grain Deadline Approaches, Pact Is Already Nearly Broken July 7, 2023 By Megan Durisin and Áine Quinn Global leaders are racing to salvage an international deal to allow Ukraine’s grain shipments by sea before it expires in...
Republican Attorneys General Urge Biden to Drop EPA Emissions Plan July 7, 2023 By David Shepardson A group of 25 Republican state attorneys general Thursday urged the Biden administration to abandon its proposal to sharply cut...
CSU: Above Average Atlantic Hurricane Season Now Expected July 7, 2023 Colorado State University (CSU) hurricane researchers have upped their hurricane season forecast. An above average Atlantic hurricane season is now...
SC DOI Ups Grant Size for Wind Mitigation Program July 7, 2023 The South Carolina Safe Home wind mitigation program has been revised to allow higher grant awards, due to the rising...