Tech Update: Aon Updates Its Pricing Platform to Enhance Underwriting Decisions May 10, 2024 Insurance broker Aon plc announced an update to its Pricing Platform that aims to bring enhanced visualization and automation capabilities...
Mexico Is Battling 159 Active Wildfires May 10, 2024 By Andrea Navarro Mexico is fighting 159 active wildfires across the country amid the year’s second heat wave that has also put the...
EU Firms’ Appetite for China Investment Sinks to Record Low May 10, 2024 By Bloomberg News China is losing its luster as a top country to invest in as firms seek to avoid geopolitical risks and...
China Construction Bank Sued in US Over Reinsurance Fraud Losses May 10, 2024 By Robert Burnson China Construction Bank Corp., the nation’s third-largest commercial lender, was accused in a US lawsuit of enabling a massive fraud...
Three Insurers Reject Chevron’s $57 Million Claim for Iran Oil Seizure May 9, 2024 Three insurance companies have rejected Chevron’s claim over the seizure last year of an oil cargo by Iran, according to...
Hub International Acquires Certain Assets of Canada’s 2197747 Alberta Ltd. May 9, 2024 Hub International Ltd., the Chicago-based insurance brokerage and financial services firm, announced the acquisition of certain assets from 2197747 Alberta...
EU Commission Eyeing Exemptions for ‘Forever Chemicals’ Ban, Letter Shows May 9, 2024 By Kate Abnett and Ludwig Burger The European Commission is planning to allow exemptions from a proposed ban on substances known as PFAS, or “forever chemicals,”...
Range Rover Buyers Offered Insurance Cash After String of Thefts May 9, 2024 By Jamie Nimmo Jaguar Land Rover Automotive Plc is offering to pay part of customers’ insurance costs for new Range Rovers after a...
Brazilian Floods Are Inflicting Billions in Economic Devastation May 9, 2024 By Barbara Nascimento The floods and severe rainfall that ravaged Southern Brazil are hurting the nation’s powerhouse agricultural sector, with industries from auto...
The World’s Biggest Carbon Removal Plant Comes Online in Iceland May 9, 2024 By Ragnhildur Sigurdardottir Amid the steam rising around Iceland’s Hellisheioi station sits a newly built warehouse surrounded by giant fans run by carbon...