People Moves: Howden Re Names Hearn as Chair, Global Clients Strategy; Ex-Lloyd’s CEO Beale Named Chair of Climate Consultancy South Pole May 31, 2024 This edition of International People Moves details appointments at Howden Re and climate consultancy South Pole. A summary of these...
Nurse Honored for Compassion Is Fired After Referring to Gaza ‘Genocide’ in Speech May 31, 2024 By Karen Matthews A nurse was fired by a New York City hospital after she referred to Israel’s war in Gaza as a...
Investors With Trillions Aren’t Handling Australia Climate Risks: Study May 31, 2024 By Angus Whitley Major investors in Australia aren’t responding fast enough to rising threats to infrastructure and other assets from cyclones, floods and...
Israel Aims to Boost Red Sea Oil Deliveries Despite Environmental Risks May 31, 2024 By Ari Rabinovitch Israel plans to allow more oil tankers to dock at a Red Sea port in Eilat despite environmental risks, as...
Cleaner Shipping Fuel Is Contributing to Ocean Warming: Report May 31, 2024 By David Stanway Shipping fuel regulations introduced in 2020 have led to a substantial cut in sulfur dioxide (SO2) pollution, but may also...
Nationwide’s Kandhari Talks Building a Bionic Workforce With AI May 31, 2024 By Elizabeth Blosfield Nationwide’s Chetan Kandhari said the company is working to build a bionic workforce. Maybe that brings to mind robots, futuristic...
US P/C Insurers Hit Record Investment Income in 2023 May 31, 2024 The U.S. property/casualty insurance segment’s net investment income hit a record $73.9 billion in 2023, bolstered by the higher interest...
AIG Drops Claims Against Former Execs Who Started Dellwood Insurance May 31, 2024 By Chad Hemenway American International Group and a group of its excess and surplus lines subsidiaries have dropped claims against three former AIG...
‘Cautiously Optimistic’ on Florida: Defense Costs Down, but Reinsurance Still a Drag May 31, 2024 By William Rabb Analysts with the AM Best financial rating firm and other stakeholders are cautiously optimistic about the resurrection of the Florida...
Boeing Pays Millions in Wages After in Washington Investigation May 31, 2024 A Washington wage complaint investigation resulted in The Boeing Co. paying $11.5 million in unpaid wages to nearly 500 workers....