Genworth Targets $3B Valuation in Mortgage Insurance Unit’s IPO September 14, 2021 By Sohini Podder Genworth Financial Inc. on Monday revived plans for an initial public offering (IPO) of Enact Holdings, aiming for a valuation...
What Smart People Get Wrong About Climate Change Extremes: Opinion September 14, 2021 By Kate Mackenzie, Bloomberg Opinion If anyone should be attuned to the real-world impacts of global warming, it’s the policy makers and business heads that...
Republicans Blast Biden Vaccine Mandates While Businesses Look to Implementation September 13, 2021 By Nandita Bose and Diane Bartz Republicans on Friday vowed to fight U.S. President Joe Biden’s new vaccine mandate covering big companies and federal employees, but...
Biden’s Vaccine Plan Puts OSHA in Spotlight; Expected to Trigger Legal Challenges September 13, 2021 By Alanna Durkin Richer, Eric Tucker and Andrea Shalal President Joe Biden’s sweeping new vaccine requirements have Republican governors threatening lawsuits. His unapologetic response: “Have at it.” The administration...
AIR Says Hurricane Ida Insurance Losses Could Reach $30 Billion September 13, 2021 Modeling firm AIR Worldwide has updated its insured loss estimates for Hurricane Ida and now projects that Ida’s insured industry...
U.S. Hurricane Ida, Haiti Quake, Multiple Major Wildfires Among August’s Disasters: Aon September 13, 2021 Hurricane Ida will likely become one of the costliest U.S. mainland hurricanes on record both on a nominal and inflation-adjusted...
Wells Fargo Fined $250M for ‘Unacceptable’ Failure to Honor 2018 Consent Order September 13, 2021 By Pete Schroeder A top U.S. banking regulator fined Wells Fargo $250 million and placed new restrictions on the bank’s business after finding...
9/11 Remembered: 20 Years Later, the Pain Still Lingers September 10, 2021 By Larry Goanos For a few long minutes on the morning of September 11, 2001, I believed I might die. I remember thinking,...
Voices of 9/11 Survivors 20 Years After the Tragedy: ‘It Never Goes Away’ September 10, 2021 By Jennifer Peltz ‘I WAS A WALKING ZOMBIE’ Desiree Bouchat pauses by one of the inscribed names on the 9/11 memorial: James Patrick...
Offshore Energy Firms Warned of Insurance Limits for Ida Losses September 10, 2021 By Carolyn Cohn and Noor Zainab Hussain Offshore energy firms are likely to face greater financial losses from Hurricane Ida than from previous storms in the Gulf...