U.S. SEC Unveils Landmark Climate Change Risk Disclosure Rule March 21, 2022 The U.S. securities regulator on Monday proposed requiring U.S.-listed companies to disclose a range of climate-related risks and greenhouse gas...
People Moves: Argo’s Betz Leads New Applied Surety Team; Hartford’s Cushing Joins Zurich Construction; Hub Names Frattarola HNW Leader; Cline Succeeds Berg at ACT March 21, 2022 Betz to Lead New Applied Surety Operation Applied Underwriters continues its specialty lines expansion with the launching of Applied Surety...
Buffett’s Berkshire Hathaway to Buy Alleghany for $11.6 Billion March 21, 2022 By Susanne Sclafane and Chad Hemenway Warren Buffett’s Berkshire Hathaway said it reached an agreement with Alleghany Corp. to buy the New York-based property and casualty...
Marsh Launches ESG Risk Rating to Assess Companies’ ESG Performance March 21, 2022 Insurance broker Marsh announced the launch of its Environmental, Social, and Governance (ESG) Risk Rating, an assessment tool that can...
Google Accused in Lawsuit of Systemic Bias Against Black Employees March 21, 2022 By Jonathan Stempel A lawsuit filed on Friday accuses Google of systemic racial bias against Black employees, saying the search engine company steers...
Scouts Reach Deal With Catholic Committee in BSA Bankruptcy March 21, 2022 By Randall Chase A committee representing several Catholic entities in the Boy Scouts of America bankruptcy has reached a settlement with the BSA...
Ransomware Hackers Used AI Images, Microsoft Flaw in Campaign March 18, 2022 By William Turton A group of ransomware hackers used a variety of techniques to try breaching hundreds of companies last year, exploiting a...
Western Companies Wrestle With Russia ‘Half-Exits’ March 18, 2022 By Richa Naidu and Jessica DiNapoli Western companies that maintain a presence in Russia to provide essential goods such as food and medicines are trying to...
Zuckerberg Deposition Blocked by Judge in D.C. Privacy Case March 18, 2022 By Erik Larson A request to depose Mark Zuckerberg as part of Washington, D.C.’s data-privacy lawsuit against Facebook drew a blistering denial from...
RWI Underwriters Denying, Tightening Coverage Terms in Russia, Ukraine Region March 18, 2022 Broker CAC Specialty said the representations and warranties insurance (RWI) market has tightened significantly in Russia, Ukraine, and other impacted...