French Mining Group Eramet Identifies Potential $50.8M Financial Fraud December 21, 2021 PARIS – Eramet has identified a potential 45 million euro ($50.8 million) financial fraud within its group treasury operations, the...
Tornadoes Have Pushed Insurers’ Weather Claims Above $105B for 2021 December 21, 2021 By Noor Zainab Hussain and Carolyn Cohn Devastation from tornadoes that slammed parts of the United States this month will push the insurance industry’s 2021 bill for...
COVID-19 to Cut UK Life Expectancy by 9 Months: RBC Analysts December 21, 2021 By Joe Easton The coronavirus pandemic is seen cutting life expectancy in the UK by nine months, Royal Bank of Canada analysts said,...
Man Charged with Arson in Fire That Destroyed House, Damaged Three Others December 21, 2021 A Maryland man has been arrested on arson charges stemming from a house fire that injured two firefighters, authorities said....
Connecticut Governor Signs Sweeping Order on Climate Change, Pollution December 21, 2021 By Dave Collins Connecticut Governor Ned Lamont signed a sweeping executive order aimed at reducing pollution and addressing climate change Thursday, a month...
Two Rhode Island Contractors Face $75K in Penalties for Worksite Cave-In Risks December 21, 2021 A federal inspection at a Warwick, Rhode Island, excavation found two area contractors ignoring cave-in risks and placing their workers...
UK Businesses Brace for Great British Resignation in 2022 December 21, 2021 By Emily Ashton UK businesses were hit by rising numbers of staff leaving their jobs voluntarily during 2021, with many employers facing the...
Global M&A Activity Shatters Records, Topping $5 Trillion in 2021 December 21, 2021 By Anirban Sen, Pamela Barbaglia and Kane Wu LONDON/HONG KONG – Global merger and acquisition (M&A) activity shattered all-time records in 2021, comfortably erasing the high-water mark that...
FWD Group Withdraws U.S. IPO Plan, Pivoting Instead to Hong Kong December 21, 2021 By Crystal Tse FWD Group Ltd., the Hong Kong-based insurer backed by billionaire Richard Li, withdrew its U.S. initial public offering as China...
New Kid on Block Will Use Tech, Rapid Repair Networks to Survive Florida Market December 21, 2021 By William Rabb When the Florida insurance world heard that a newly formed homeowners’ insurance carrier was stepping into the troubled Florida waters,...