Private Credit Is Top Choice for Insurers Managing $13 Trillion April 5, 2024 By Liz Capo McCormick For the first time, a fixed-income sector — private credit — topped the list of favored assets in Goldman Sachs...
Investment Deficit Puts Planet on Path to Miss 1.5C, Study Finds April 5, 2024 By Natasha White A lack of investment in green energy has left the world on track to overshoot the 1.5C temperature increase that...
US Justice Department to Meet Boeing Fatal Crash Victims’ Lawyers April 5, 2024 By Mike Spector, Chris Prentice and David Shepardson The U.S. Justice Department next week will meet with lawyers for families of victims of two fatal Boeing 737 MAX...
Applied Surety Underwriters Buys Majority of Argo’s In-Force Coal, Oil, Gas, Mining Biz April 5, 2024 Applied Surety Underwriters (ASU), a subsidiary of Applied Underwriters’ United Risk division, announced it will acquire the majority of Argo...
US SEC Stays Climate Disclosure Rule Amid Legal Challenges April 5, 2024 By Isla Binnie Wall Street’s top regulator has stayed new climate-related disclosure requirements pending judicial review, the agency said in a statement on...
Buyers’ Market Prevails During April Renewals as Reinsurers Seek Growth April 5, 2024 Brokers Aon and Gallagher Re described a buyers’ reinsurance market for the April 1, 2024 property and specialty renewals as...
D.C.’s Pro Sports Teams Owner Scores Partial Win in COVID-19 Insurance Skirmish April 5, 2024 By Andrew G. Simpson The company that owns several District of Columbia professional sports teams and a major sports arena has settled its lawsuit...
Arrowhead Launching Commercial Auto Product in California April 5, 2024 Arrowhead General Insurance Agency Inc. in California launched a new commercial auto product. Arrowhead’s Commercial Auto is available to California...
Weather and Inflation Have Not Been Kind to Vermont Mutual April 5, 2024 For Vermont Mutual Insurance Group, which has been around since 1828, the past few years have been among the most...
Hub International Acquires Pollock Insurance in Washington April 5, 2024 Hub International Ltd. acquired the assets of Pollock Insurance Inc. Andrea Pollock Wood, the firm’s owner, and the Pollock Insurance...