IBM Sells Weather Business to Private Equity Firm Francisco Partners August 23, 2023 International Business Machines (IBM) has agreed to sell its weather business to private equity firm Francisco Partners for an undisclosed...
QBE North America CEO Leaving; Wood Named Interim August 23, 2023 QBE Insurance Group announced that Todd Jones, CEO of QBE North America, is leaving the organization at the end of...
AXA’s Asset Management Unit to Cut as Many as 90 Roles in Revamp August 23, 2023 AXA Investment Managers is eliminating as many as 90 roles as the French firm aims to streamline part of the...
Cryptoassets Increase Financial Risks in Developing Economies, Study Says August 23, 2023 Cryptoassets, peddled as the future of finance, have not only failed to deliver on their promise but are themselves adding...
Insurers Raise Premiums for Black Sea Oil Tankers as Tensions Mount: Traders August 23, 2023 Insurance companies have notified charterers of ships operating in Russia’s Black Sea ports of an increase in additional payments known...
Small Businesses Give Record-High Ratings to Commercial Insurers: JD Power August 23, 2023 Small businesses across the U.S. are increasingly satisfied with the products and services they receive from their commercial insurance providers....
Grant Extended to Fire-Harden Homes, Businesses Damaged by Oregon Wildfires August 23, 2023 The Oregon Building Codes Division has partnered with counties on a grant to help homeowners and businesses rebuild after the...
Cause Still Unknown in Pennsylvania House Explosion That Killed 6 August 23, 2023 Three houses at the center of a recent explosion near Pittsburgh that killed six people will need to be torn...
Moody’s RMS Estimates $4B to $6B in Economic Losses from Hawaii Wildfires August 22, 2023 Moody’s RMS issued estimates on Tuesday showing economic losses from the recent Lahaina Conflagration and Kula wildfires in Hawaii at...
People Moves: Shelter CEO Rawlins to Retire in 2024; Corbin Named Successor August 22, 2023 Shelter Insurance Companies announced the retirement of current President & CEO Randa Rawlins effective April 30, 2024. Rawlins became President...