Monthly Archives: <span>January 2025</span>

EU Says Drive to Simplify Will Not Weaken Climate Agenda

The European Union’s drive to simplify rules will not weaken the bloc’s climate change goals, European Commission President Ursula von der Leyen said. She was speaking on Wednesday after the Commission published a plan to boost EU competitiveness, the first …

People Moves: Lloyd’s Promotes Cliff to CFO, Succeeding Keese; Ryan Re Appoints BMS’ Ryan as EVP to Lead Strategic Business Development

This edition of International People Moves details appointments at Lloyd’s and Ryan Re. A summary of these new hires follows here. Lloyd’s Promotes Cliff to CFO, Succeeding Keese Lloyd’s, the insurance and reinsurance marketplace, announced the appointment of Alexandra Cliff …

Theft and Violence in UK Retail Soar to Record Levels, Survey Shows

Theft and violence against retail workers in Britain soared to record levels last year and are “out of control,” driven partly by criminal gangs, according to a report published on Thursday. Industry body the British Retail Consortium’s annual crime survey …

UK Government Agencies Vulnerable to Cyberattacks, Watchdog Says

British government departments have operated hundreds of outdated computer systems and failed to meet their own cybersecurity targets, increasing the risk of a disruptive hack, a watchdog has found. The National Audit Office, an independent parliamentary body, flagged the concerns …

Flood-Prone New Zealand Says It Needs to Adapt to Climate Extremes

New Zealand plans to introduce legislation before the end of the year that will create a framework to help communities and businesses adapt to the impacts of climate change. The law will establish guiding principles and responsibilities for adaptation action, …

Lawsuit Accuses Amazon of Secretly Tracking Consumers Through Cellphones

Amazon.com was sued on Wednesday by consumers who accused the retailing giant of secretly tracking their movements through their cellphones, and selling data it collects. According to a proposed class action in San Francisco federal court, Amazon obtained “backdoor access” …

As Small Businesses Try to Recover from LA Fire Devastation, A Variety of Aid Exists

The fires in California have been devastating for many small business owners and others who saw their homes, businesses or livelihoods go up in smoke. Raquel “Rockey” Smeir startedMy Friends CafĂ© in Sierra Madre, California, in 2021. While the fires …

Pimco Warns LA City Utility Faces Steep Liabilities After Fires

The Los Angeles Department of Water and Power is facing the risk of significant financial liability for damages in the utility’s response to the Palisades Fire, according to Pacific Investment Management Co. “Given the sheer size of insured and uninsured …

Maryland Regulator Resolved $33 Million in Insurance Complaints in 2024

The Maryland Insurance Administration reports that it recovered nearly $33.3 million in 2024 for Marylanders by helping resolve insurance-related issues and complaints. Acting Commissioner Marie Grant said the money was recovered through a rapid response program, consumer complaint units, an …

Claims Exec Who Defrauded Allied World Insurance Ordered to Prison, Pay $1.2M

James Keating of Paoli, Pennsylvania, has been sentenced to 20 months of imprisonment, followed by three years of supervised release, for defrauding his former employer of more than $1.4 million. Keating was an assistant vice president and surety bond claims …