News

People Moves: Price Forbes Bermuda Promotes Kelley to CEO; WTW Gets Saudi Arabian License, Names Chubb’s Bahafi as Head of Insurance Broking

This edition of Interational People Moves details appointments at the brokers Price Forbes and WTW. A summary of these new hires follows here. Price Forbes Bermuda Promotes Kelley to CEO Price Forbes Bermuda announced the promotion of Carrie Kelley to …

US Nuclear Regulator Begins Review on Three Mile Island Restart

U.S. nuclear regulators kicked off a long-winding process to consider Constellation Energy’s unprecedented plans to restart its retired Three Mile Island nuclear power plant in an initial public meeting held on Friday. Constellation, which announced last month that it had …

Lyft to Pay $2 Million to Resolve FTC Suit Over Driver Pay

Lyft Inc. agreed to pay $2.1 million to resolve a lawsuit by the US Federal Trade Commission accusing the ride-hailing company of deceiving drivers about how much they would earn when consumer demand picked up after the pandemic. The agency …

Connecticut Declares State of Emergency, Burn Ban Due to Severe Fire Conditions

The state of Connecticut on Saturday instituted a ban on the use of outdoor grills, firepits, and campfires, and the kindling and use of flame outdoors in all state parks, forests, and wildlife management areas due to statewide severe fire …

Rebuilding from Hurricanes Hinges on Immigrants at Center of US Election

The efforts to rebuild in Southeastern states after a pair of destructive hurricanes are at risk of being drawn out by shortages of a critical supply of workers: migrants. Builders are anxious about proposals laid out by Donald Trump that …

UN Climate Chief Warns of Looming ‘Trainwreck’ as 1.5C Warming Limit in Doubt

The world is on course to miss a target for cutting emissions this decade by an overwhelming amount, new UN analysis shows, meaning more dangerous global warming is likely. Total emissions of CO2 into the atmosphere in 2030 will only …

Gas Stoves Linked to 40,000 Premature Deaths in Europe Annually

Gas stoves in European homes are associated with tens of thousands of premature deaths, a study has found. Nearly 40,000 early deaths each year in the EU and UK can be linked to exposure to nitrogen dioxide from burning gas …

Arthur J. Gallagher & Co. Acquires Australia’s Via Financial Group

Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-headquartered broker, announced the acquisition of Australia’s Via Financial Group Pty Ltd. Terms of the transaction were not disclosed. Based in Sydney, New South Wales, Via Financial Group provides financial planning, wealth …

Brazil Seals $30 Billion Compensation Deal With BHP, Vale Over 2015 Dam Collapse

Brazil on Friday signed a 170 billion reais ($29.85 billion) compensation agreement with miners BHP, Vale, and Samarco for the Mariana dam collapse in 2015, one of the country’s worst environmental disasters. The collapse of the dam at the iron …

Broker Insights’ ‘Decision Intelligence’ Officially Heads to the US

After building its business up in the United Kingdom, Broker Insights said it is ready to officially bring its commercial insurance placement analytics to the United States. For the last 12-18 months, Broker Insights has been preparing for its expansion …

News Archives by Month