Insurers Among Investors as Canada’s Brookfield Raises $15B for Climate Fund June 24, 2022 By Niket Nishant and Cole Horton Canada’s Brookfield Asset Management said on Wednesday it had raised $15 billion for its first impact fund focused on the...
Gallagher Acquires Ireland’s INNOVU Group June 24, 2022 U.S. based global insurance broker Arthur J. Gallagher & Co. reports it has purchased Wexford, Ireland-based INNOVU Group Holding Co....
People Moves: MMC Names Jones, Hageman to Senior Posts; Lockton Welcomes Marsh’s Millett for Innovation; Applied Financial Builds Cyber Risk Team June 24, 2022 Marsh McLennan Creates New Senior Leadership Positions Marsh McLennan announced the appointment of John Jones as chief marketing and communications...
Hackers Steal $100 Million by Exploiting Crypto’s Weak Link June 24, 2022 By Olga Kharif Hackers looted about $100 million from a so-called cryptocurrency bridge, again exposing a key vulnerability in the digital-asset ecosystem. Blockchain...
Argo Group Names Bradley CEO as Rehnberg Departs June 24, 2022 Thomas A. Bradley has stepped into the role of chief executive officer of Argo Group International Holdings Ltd., the Bermuda-based...
Ukraine Crop-Handling Port Damaged in Russian Attacks, Adding to Farm Sector Losses June 24, 2022 By Archie Hunter, Tarso Veloso and Megan Durisin Infrastructure owned by two major agriculture traders was damaged in Russian attacks at one of the biggest crop-handling ports in...
How to Lower Home Insurance Premiums and Wildfire Risks June 24, 2022 By Leslie Kaufman Homeowners in the US got new guidance to help them defend against increasingly frequent wildfires and associated rising insurance premiums....
How a Bankruptcy ‘Innovation’ Halted Thousands of Lawsuits from Sick Plaintiffs June 24, 2022 By Dan Levine and Mike Spector Attorney Greg Gordon sat before a packed hotel ballroom of bankruptcy lawyers who had come to hear him hold court...
Colorado Lawsuit: Hero Who Stopped Gunman Shot Without Warning June 24, 2022 By Colleen Slevin The mother of a man hailed as a hero for killing a gunman who ambushed and fatally shot a police...
Dredging Company Paying $1M for Restoration in Louisiana Oil Spill June 24, 2022 A Houston dredging company has been ordered to pay a $1 million fine for an oil spill that occurred when...