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

People Moves: Marsh Promotes Russell as Global Head of Wholesale; Markel Boosts Wholesale Claims Team With 3 Key Promotions, Technical Claims Hire

This edition of International People Moves details appointments at insurance broker Marsh and the insurer Markel. A summary of these new hires follows here. Marsh Promotes Russell as Global Head of Wholesale, Meah as Head of Strategy, Global Placement Marsh, …

UK Pledges Anti-Bribery Cooperation With French, Swiss After US Retreat

British, French and Swiss prosecutors agreed to form a new intelligence sharing partnership in a bid to tackle overseas corruption following the pullback of US authorities from international bribery cases. The three senior prosecutors announced the initiative Thursday [March 20] …

AI Chatter Hits Record on European Earnings Calls Across Sectors

The chatter around artificial intelligence on earnings calls in Europe is scaling new peaks as even companies beyond technology-related sectors are embracing it to boost efficiency and competitiveness. Mentions of “AI” on fourth-quarter earnings calls of companies in the Stoxx …

Michigan Taco Bell Franchises Sued for Sexual Harassment

Six related entities operating Taco Bell restaurants in Michigan violated federal law when they allowed a senior area manager to sexually harass female employees, including multiple teenage employees, he supervised, and fired a local assistant manager the same day she …

As Mountain Glaciers Melt, Risk of Catastrophic Flash Floods Rises for Millions

In mountain ranges around the world, glaciers are melting as global temperatures rise. Europe’s Alps and Pyrenees lost 40% of their glacier volume from 2000 to 2023. These and other icy regions have provided freshwater for people living downstream for …

Texas Measles Outbreak Could Become National Epidemic: Public Health Experts

With its measles outbreak spreading to two additional states, Texas is on track to becoming the cause of a national epidemic if it doesn’t start vaccinating more people, according to public health experts. Measles, a highly contagious disease that was …

Top Fund Managers Ask Federal Court to Dismiss Climate-Related Antitrust Lawsuit

BlackRoc, Vanguard and State Street have asked a federal court in Texas to dismiss a state lawsuit accusing the top fund managers of conspiring through climate activism to discourage coal output, with the firms saying the allegations rest on “half-baked …

Markets/Coverages: SiriusPoint, Broker Holmes Murphy’s Umbrella Excess for Captives

SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, announced a new strategic partnership with the independent insurance broker Holmes Murphy. SiriusPoint has partnered with Holmes Murphy, headquartered in Waukee, Iowa, and its wholly owned subsidiary and managing general agent Innovative …

FCC Chairman Threatens to Block M&A for Companies With DEI

The US Federal Communications Commission is prepared to block mergers and acquisition proposals from companies that promote “invidious” DEI policies, according to chairman Brendan Carr. The move could threaten billions of dollars worth of deals in the communications sector, with …

Transportation Chief to Unveil Plan to Upgrade Air Traffic Control

Transportation Secretary Sean Duffy will unveil a plan next week to upgrade the aging, under-staffed U.S. air traffic control system next week, he said on Friday. Duffy said earlier this month that he planned to ask Congress for tens of …