Allstate to Sell Employer Voluntary Benefits Business to StanCorp for $2 Billion August 14, 2024 Insurer Allstate has agreed to sell its subsidiaries that provide employer voluntary benefits to StanCorp Financial Group (The Standard) in...
South Korean Alarm Over EV Battery Fires Puts Spotlight on Safety Concerns August 14, 2024 South Korea is urging automakers operating in the country to disclose the manufacturer of batteries used in electric vehicles (EV)...
UK Insurer Aviva Beats Earnings Forecasts on Home, Motor Insurance Price Hikes August 14, 2024 By Carolyn Cohn British insurer Aviva beat first-half profit expectations following a rise in general insurance premiums in Britain and Ireland, and said...
Was July 2023 or July 2024 the Hottest Month on Record? Yes. August 14, 2024 By Olivia Rudgard and Eamon Farhat July saw record-breaking heat around the world, including the hottest day ever recorded and multiple national heat records. But whether...
Markets/Coverages: Liberty Mutual Re, Insurtech Sprout Offer Parametric Cover for Kenyan Coffee Farmers Facing Climate Risk August 14, 2024 Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, has partnered with insurtech firm Sprout Inc. and the...
Drax Global Reports Violating Air Emissions Limits at Louisiana Plants August 14, 2024 By Jack Brook NEW ORLEANS (AP) — British energy giant Drax Global, already under scrutiny for running afoul of environmental laws in multiple...
Markets/Coverages: Amwins, Floodbase Unveil Flood Insurance for Golf Courses; Aegis Pro Risk Partners With Sentry on E&O Program August 14, 2024 Amwins announced the launch of its “Tees-to-Green” flood insurance program powered by Floodbase to reimburse U.S. golf courses for lost...
Health Systems Increasingly Targets of Cyberattacks But They Can be Ready August 14, 2024 By William Rabb Just as a Southeastern U.S. blood center tries to recover from another cyberattack on a health system, others who have...
Vineyard Wind Allowed to Resume Limited Offshore Turbine Installation August 14, 2024 Vineyard Wind and GE Vernova on Tuesday said U.S. safety officials have allowed them to resume limited construction on an...
Reporting High Electric Bills Helps Nab Illegal Marijuana Farms But Raises Privacy Issues August 14, 2024 By David Sharp Operators of illegal marijuana grow enterprises hidden inside rural homes in Maine don’t have to worry much about prying neighbors....