New Rules Needed to Deal With Risks From Cloud Computing: Bank of England October 11, 2021 By Huw Jones New rules will be needed to deal with operational risks from banks relying on outsourced “cloud” computing from Amazon, Google,...
Convicted Massachusetts Shoe Company Exec to Forfeit Home to Feds October 11, 2021 A former executive at a Massachusetts shoe manufacturer convicted last month of embezzling $30 million from the company must also...
Northeast Summer Storms Were a Climate-Change Wake-Up Call for Subways October 11, 2021 By Philip Marcelo and David Porter When the remnants of Hurricane Ida dumped record-breaking rain on the East Coast this month, staircases leading into New York...
Pittsburgh Public Housing Plagued by Disrepair, Failed Inspections October 11, 2021 By Joel Jacobs and Ashley Murray Shamsa Mada points to her kitchen ceiling, dotted with mold and bubbling paint and stains that reveal signs of a...
Climate Swat Team Aims to Identify When Global Warming Causes Extreme Weather October 11, 2021 By Eric Roston When weather disaster strikes, observers near and far ask the same question: Climate change—is it or isn’t it? The simplest...
Climate Class Action Suit to Proceed Against Australia Government October 11, 2021 By Matthew Burgess A class action lawsuit that claims Australia is misleading investors by failing to disclose the impact of climate risk in...
Russia’s Renaissance Insurance Seeks $1 Billion Valuation in IPO October 11, 2021 By Yuliya Fedorinova and Áine Quinn Renaissance Insurance Group JSC, Russia’s largest online policy provider, set a price range for its initial public offering in Moscow...
Chubb CEO Greenberg Says Some Insurtechs Are More About Hype Than Transformation October 11, 2021 By Mark Hollmer Many startups in the insurance world have long promised to transform every aspect of the industry they touch. Speaking recently...
AIA Expands to Florida Workers’ Comp Market October 11, 2021 While some property and casualty insurers have pulled out of the troubled Florida market, Associated Insurance Administrators sees strong potential...
Former Insurance Chief’s Sentencing Delayed; Could Face 10 Years October 11, 2021 By William Rabb Former Georgia Insurance Commissioner Jim Beck will have to wait a little longer to learn his fate, after his sentencing...