Coastal Flooding Could Threaten 20% of World’s Economic Output by 2100: Study July 30, 2020 Failure to rein in climate change and bolster sea defenses could jeopardize up to a fifth of the world’s economic...
Marsh & McLennan Profit Up in Q2; CEO Sees Aon-Willis Merger ‘Good’ for MMC July 30, 2020 The pending acquisition by insurance broker Aon of rival Willis Towers Watson is “not good for the market or for...
Reuters: Rite Aid Deployed China-Linked Facial Recognition in Poor Neighborhoods July 30, 2020 By Jeffrey Dastin Over about eight years, the American drugstore chain Rite Aid Corp quietly added facial recognition systems to 200 stores across...
RB Jones Marine Adds Ocean Cargo Product, Hires Great American’s Gambino July 30, 2020 RB Jones Marine, a business unit of H.W. Kaufman Group that focuses on the commercial marine and excess energy space,...
Claiming Plaintiff Farmer Not Ruined, Bayer Says Herbicide Verdict Should Be Tossed July 30, 2020 By Tom Polansek Bayer AG contended in court papers that a jury verdict in favor of a Missouri peach farmer was based on...
Without More Aid, Many Small Businesses Won’t Make It July 30, 2020 By Ann Saphir and Jonnelle Marte OAKLAND, Calif./NEW YORK — After surviving two strokes at age 27, Olivia Colt threw herself into starting a catering business,...
CoreLogic Bidders Seek Shareholders’ Support to Replace Nine Directors July 30, 2020 By Scott Deveau The investors seeking to take over CoreLogic Inc. plan to solicit support from fellow shareholders to replace nine directors, after...
Hanover Insurance Sees Profit Jump, Limited COVID Impact in Q2 July 29, 2020 The Hanover Insurance Group Inc. reported net income of $115.2 million in the second quarter of 2020, compared to $74.0...
COVID-19 Costs Push Chubb to $331M Loss in Q2 July 29, 2020 By Mark Hollmer The coronavirus pandemic has forced global insurer Chubb’s net income to plunge, and in the second quarter, fall to a...
Insurance Broker Acrisure Acquires Tulco’s Artificial Intelligence Insurance Business July 29, 2020 Insurance broker Acrisure announced that it has acquired artificial intelligence (AI) company Tulco LLC’s insurance practice with the aim of...