The Financial Stability Oversight Council convened on Thursday to identify and address climate-related financial risk. The FOC last year published...
National News
Digital insurer Lemonade said it has closed of the acquisition of pay-per-mile car insurance provider Metromile in an all-stock transaction....

The federal judge administering more than 230,000 lawsuits against 3M Co. questioned whether the industrial giant acted in good faith...
Chubb CEO Evan Greenberg said the insurer is seeing favorable returns, but additional rate is needed to “keep pace with...

Global natural disasters during the first half of 2022 cost insurers about US$34 billion, which covered a little more than...

AbbVie Inc.’s Allergan unit has reached an agreement to pay more than $2 billion to resolve thousands of lawsuits filed...
Steve Menzies, chairman of Applied Underwriters, announced the formation of Applied Entertainment & Sports, a new division of the company...

3M Co. put its Aearo Technologies unit into bankruptcy in a bid to resolve more than 230,000 lawsuits brought mainly...
Verisk Names Elizabeth Mann Chief Financial Officer Elizabeth Mann has been named executive vice president and chief financial officer for...

Hackers are increasingly targeting financial firms such as banks and trading houses with attacks designed to use their computer systems...