Allstate to ‘Lean Into’ Turnaround in Auto Business, and Grow February 7, 2025 By Chad Hemenway Allstate’s plan to correct its auto insurance business has “restored profitability back to target levels,” said the insurer’s head of...
Advisory Firm ISS Urges Apple Investors to Vote Against Scrapping Diversity Policies February 7, 2025 By Deborah Sophia Influential proxy advisory firm Institutional Shareholder Services recommended on Friday that Apple investors vote against a proposal to consider eliminating...
People Moves: Willis Promotes Easton to Global Head of ART and Head of Western Europe, Risk & Analytics; Arch Insurance UK Division Promotes 4 Senior Leaders February 7, 2025 This edition of International People Moves details appointments at Willis and Arch Insurance UK. A summary of these new hires...
Britain’s L&G Sells US Protection Unit to Japanese Insurer for $2.3 Billion February 7, 2025 By Amy-Jo Crowley, Iain Withers and Yadarisa Shabong Legal & General said on Friday it would sell its U.S. protection business to Japan’s Meiji Yasuda for $2.3 billion...
North Carolina Lawmakers Pitch Much Smaller Helene Recovery Package February 7, 2025 RALEIGH, N.C. (AP) — North Carolina Republican lawmakers this week unveiled their initial attempt this year to provide recovery funding...
Ahoy! Expands Boat Insurance to Boat-Filled Florida Market February 7, 2025 Ahoy! Insurance, calling itself an insurance company built by boaters for boaters, has expanded into Florida, one of the world’s...
Russia Faces Impending Oil Tanker Crisis as Sanctions Pile Up: Bloomberg Oil Strategist February 7, 2025 By Julian Lee Russia appears to be on the cusp of a debilitating oil-freight transportation problem because of US sanctions, writes Bloomberg oil...
Valencia Floods Prompt Race for Funds to Boost Spain’s Climate Resilience February 7, 2025 By Corina Pons and Pietro Lombardi Spain is seeking European approval to repurpose more than a billion euros of post-pandemic recovery funds to make Valencia more...
Avolon, BOC Settle Lawsuit Against Insurers Over Stranded Russian Jets February 7, 2025 By Padraic Halpin and Conor Humphries Avolon and BOC Aviation, two of the world’s largest aircraft lessors, have settled lawsuits in the Irish courts against insurers...
Wisconsin Couple Sues Over Son’s Death Linked to $500 Surge in Asthma Meds February 7, 2025 By Todd Richmond A Wisconsin couple is suing Walgreens and a pharmacy benefits management company, alleging that their son died because he couldn’t...