Two of the Vermont communities hardest hit by last summer’s catastrophic flooding have requested $3.5 million in state funding to elevate 20 homes in Barre and the capital city of Montpelier for flood victims who still need safe places to …
Chinese authorities are examining the role of PricewaterhouseCoopers LLP in China Evergrande Group’s accounting practices after the developer was accused of a $78 billion fraud, ramping up pressure on the global accounting giant that audited a slew of developers before …
The Hartford, headquartered in Hartford, Connecticut, appointed Matthew Massaro head of sales and underwriting for its middle and large commercial businesses’ Northeast division. Massaro has been with The Hartford for over 25 years, most recently serving as regional vice president …
The Yemen-based Houthis have told China and Russia their ships can sail through the Red Sea and Gulf of Aden without being attacked, according to several people with knowledge of the militant group’s discussions. China and Russia reached an understanding …
Insurance broker Aon plc has launched its Climate Risk Monitor, a tool that helps clients visualize and understand their exposures to physical climate risk in order to enable better business decisions. The property insurance market is increasingly influenced by climate-related …
AM Best downgraded the Financial Strength Rating to C (Weak) from B+ (Good) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “ccc” (Weak) from “bbb-” (Good) of Conifer Insurance Co. and White Pine Insurance Co. They are subsidiaries of …
Apple, Meta Platforms and Alphabet’s Google are set to be investigated for potential violations of the European Union’s Digital Markets Act (DMA) that could lead to hefty fines by the end of the year, according to people with direct knowledge …
Discovery Ltd., South Africa’s biggest health insurance provider, is in talks with US peers to bring its flagship wellness program known as Vitality to their market. While Discovery has long had a relationship with John Hancock Life Insurance Co. to …
A Moody’s publication looks why it was so warm last year and the impacts the effects of global warming will have in 2024. The publication “Warmest Year; Warmest Months: Climate Change and El Niño Edged the Global Closer to the …
Texas, Louisiana and more than a dozen other US states challenged the Biden administration’s suspension of new licenses to export natural gas via ocean-going tankers. A lawsuit filed against President Joe Biden and the US Department of Energy in Louisiana …
