Watchdog: Chemical Safety Agency Impeded by Staff Shortage September 13, 2022 By Matthew Daly The federal agency that investigates chemical accidents is hindered by a lack of staffing, leadership disputes and a backlog of...
Wholesale Growth Is Cycle-Proof; Dual Distribution Has Failed: AIG’s Zaffino September 13, 2022 By Susanne Sclafane Just a few days before the official start of the Wholesale & Specialty Insurance Association annual meeting, AIG’s chief executive...
U.S. Seeks to Restore Safety Rules Sparked by Gulf Oil Spill September 13, 2022 By Nichola Groom The Biden administration on Monday proposed offshore drilling safety measures that it said would help prevent oil spills and protect...
Bezos’ Blue Origin Suffers Rocket Failure During Uncrewed Mission September 13, 2022 A rocket from Jeff Bezos’ space company Blue Origin failed mid-flight shortly after liftoff on Monday, aborting its cargo capsule...
Citigroup Wins Appeal Over Mistaken Revlon Wire Transfer September 12, 2022 By Jonathan Stempel Citigroup Inc. is entitled to recoup about $500 million of its own money that it accidentally wired Revlon Inc. lenders...
Chamber of Commerce Calls for ‘Urgent Action’ to Avoid Railroad Strike September 12, 2022 By David Shepardson and Lisa Baertlein The U.S. Chamber of Commerce on Monday called for “urgent action” in railroad labor negotiations to avoid a strike and...
Google Completes $5.4M Buy of Cybersecurity Firm Mandiant September 12, 2022 Google today said it has completed its acquisition of Mandiant, Inc. Mandiant will join Google Cloud and retain the Mandiant...
Price Increases Continue at 6% for U.S. Commercial Insurance in Q2: WTW September 12, 2022 U.S. commercial insurance prices increased again during the second quarter 2022, according to WTW’s latest Commercial Lines Insurance Pricing Survey...
People Moves: Donavan CUO at Boost; Tasker New Head of AGCS Energy, Construction; 2 Hires at Liberty Mutual GRS September 12, 2022 Boost Insurance Appoints Emy Donavan as Chief Underwriting Officer Boost appointed Emy Donavan as chief underwriting officer. She will oversee...
Judge Approves Boy Scouts Reorg Plan to Settle Sex Abuse Claims September 9, 2022 A bankruptcy judge on Sept. 8 granted the Boy Scouts of America (BSA) approval of its $2.5 billion reorganization plan,...