Record Temperatures, Wildfires Wreak Havoc on Europe’s Wineries and Vineyards July 26, 2022 By Elin McCoy In Portugal’s Douro Valley on July 7, a wildfire burned close to Oscar Quevedo’s Quinta da Alegria vineyard. By the...
Japanese Insurers Sell Heatstroke Coverage as Temperatures Soar to Record Levels July 26, 2022 By Kaori Kohyama As temperatures soar to unprecedented levels from Europe to Asia this summer, some Japanese insurance companies have begun selling policies...
Return of Coal as Alternative to Russian Gas Threatens European Firms’ ESG Ratings July 26, 2022 By Carolyn Cohn and Christoph Steitz European companies turning to coal as an alternative to Russian gas face a hit to their environmental, social and governance...
One-Quarter of Firms Operating at Lloyd’s Reach 35% Target for Women Leaders July 26, 2022 A quarter of firms operating at Lloyd’s of London have reached the commercial insurance market’s target for 35% of leaders...
Insurtech Funding Levels Hold Steady in Q2 vs. Q1: CB Insights July 26, 2022 Funding for the insurtech sector held steady in the second-quarter of 2022, coming in at roughly $2.4 billion, the same...
Uber Admits Covering Up 2016 Hacking, Avoids Prosecution in U.S. Settlement July 26, 2022 By Jonathan Stempel Uber Technologies Inc. on Friday accepted responsibility for covering up a 2016 data breach that affected 57 million passengers and...
U.S. Sues Chicken Producers, Alleging They Conspired to Keep Wages Down July 26, 2022 By Michael Hirtzer and Leah Nylen US poultry producers Cargill Inc., Sanderson Farms Inc. and Wayne Farms LLC agreed to pay $84.8 million restitution for conspiring...
Demotech Holds Off as Florida Divides on Planned Downgrades July 26, 2022 By William Rabb Rating Firm Postpones Ratings for 17 Carriers After Backlash The property insurance community has divided into two camps after the...
Wisconsin Insurance Premiums for Worker’s Comp Decline July 26, 2022 Wisconsin companies will pay 8.47% less in worker’s compensation insurance rates starting Oct. 1, the Wisconsin Department of Workforce Development...
New York Begins $30M Program to Help Municipalities Boost Cybersecurity Efforts July 26, 2022 New York State is beginning a $30 million shared services program designed to assist counties with cybersecurity for government systems...