German watchdog BaFin said the country’s financial industry needs a better grasp of physical risks stemming from climate change because of the increasing impact of events such as floods and droughts. Banks often don’t have data on where their clients …
German Watchdog Raises Focus on Physical Risks Stemming From Climate Change Read More »
Plymouth Rock Assurance, headquartered in Woodbridge, New Jersey, named Greg Kalinsky as president and CEO of the Plymouth Rock Management Co. of New Jersey, effective February 24. Kalinsky will oversee Plymouth Rock’s direct-to-consumer and exclusive agent auto insurance division, based …
People Moves: Kalinsky Named CEO of Plymouth Rock Management; Hunter Joins Protecdiv Read More »
The cyberattack at UnitedHealth Group’s tech unit last year affected the personal information of 190 million people, the health conglomerate said on Jan. 24, making it the largest healthcare data breach in the United States. The hack at Change Healthcare …
UnitedHealth Says Hack at Tech Unit Impacted 190 Million People Read More »
Target is ending its diversity, equity and inclusion program this year, the retailer said on Friday, the latest U.S. corporation to step away from such policies in the face of severe scrutiny from conservative groups. Over the last year, several …
Target Becomes Latest Company to Backtrack on DEI Initiatives Read More »
Holdout creditors who claim tainted baby powder gave them ovarian cancer urged a judge to reject Johnson & Johnson’s plan to force an end to all related cancer lawsuits. The proposed settlement — worth more than $8 billion — wrongly …
J&J Talc Deal Should Be Rejected in Bankruptcy, Holdouts Say Read More »
Southern California Edison, a unit of utility Edison International, said on Monday preliminary analysis of data showed a “momentary and expected increase in current” on its energized lines in the Eaton Canyon corridor on Jan. 7 evening. Fire officials have …
New York Yankees legend Mariano Rivera and his wife are accused in a lawsuit of failing to protect a young girl who was sexually abused by an older child during a summer camp trip sponsored by their church. In a …
Ex-Yankee Mariano Rivera and Wife Deny Knowing of Church Abuse Read More »
A private investigator embroiled in a corruption scandal that rocked New Mexico’s law enforcement community for over a decade was the first to plead guilty to a slew of federal charges that include racketeering and bribery, according to court records. …
New Mexico P.I. First to Admit Guilt in Bribe Scheme to Get Drunk Drivers off Hook Read More »
Forth quarter 2024 net income at W.R. Berkley Corp. jumped 45% compared to a year ago to about $576 million. For the year, the Greenwich, Connecticut-based commercial insurer said it booked record income of about $1.8 billion compared to about …
W.R. Berkley Posts Record Year With Q4 Net Income Up 45% Read More »
New York City is walking back a proposed rule change that would have required taxi and rideshare drivers to be covered by a “solvent and responsible” insurance carrier, after Uber Technologies Inc. warned the mandate risked leaving thousands of drivers …
NYC Scraps ‘Solvent’ Requirement in Revised Taxi Insurance Rules Read More »
