Banks to Publish Crypto Asset Exposure From 2026, Global Regulators Say July 5, 2024 By Huw Jones Global banking regulators have approved templates for banks to disclose their exposure to crypto assets from January 2026, they said...
Update: Beryl Rakes Mexico’s Yucatan With Hurricane Winds and Heavy Rain July 5, 2024 By Brian K. Sullivan and Peter Millard Hurricane Beryl pummeled Mexico’s Yucatan Peninsula with tree-toppling gusts and flooding rains, weakening slightly as it came ashore after leaving...
Zimbabwe Gets $32 Million in Drought Insurance From Agency of African Union July 5, 2024 By Godfrey Marawanyika Zimbabwe received $31.8 million from African Risk Capacity, an arm of the African Union, as part of an insurance payout...
As AI Gains Workplace Foothold, States Try to Make Sure Workers Aren’t Left Behind July 5, 2024 By Susan Haigh With many jobs expected to eventually rely on generative artificial intelligence, states are trying to help workers beef up their...
New-Vehicle Sales Growth Slows After CDK Cyberattack July 5, 2024 By Nathan Gomes Top U.S. automakers posted slower sales growth for the second quarter as a cyberattack at software systems provider CDK hit...
Gallagher Buys NetClaim, a Claims Management Firm, from NAVEX July 5, 2024 Arthur J. Gallagher & Co., the global insurance brokerage and consulting firm, said its claims and risk-management subsidiary, Gallagher Bassett,...
PointeNorth Keeps Growing with Acquisitions in the Southeast July 5, 2024 PointeNorth Insurance Group, a large agency in the Southeast, has acquired Valdosta Insurance Services and Southern Insurance Advisors, both based...
California Warehouse, Logistics Companies Fined Nearly $840K After Worker Pay Probe July 5, 2024 Three recent U.S. Department of Labor investigations in San Diego, California recovered nearly $840,000 for 32 employees, some of whom...
Trucking Firm Owner’s Scheme to Lower Insurance Costs Hits Dead End July 5, 2024 By Andrew G. Simpson The owner of a New York trucking business who fabricated a supposedly independent Texas affiliate to circumvent his existing firm’s...
California Commissioner’s Analysis Shows $7.7B in Losses From Extreme Heat Events July 5, 2024 The cumulative cost of the seven heat events in California in the past decade amounted to $7.7 billion in losses,...