Sergio P. Ermotti is stepping down as the chairman of Swiss Re, following his appointment as the new CEO of UBS. Swiss Re’s Board of Directors will immediately start the search to find a successor. […]
FM Global has announced six senior leadership appointments, aligning areas of expertise to ensure a continued growth journey while maintaining competitive advantage, it said. Thierry Masurel has been appointed as senior vice president, division manager, […]
A combination of historic high inflation and a growing frequency of natural catastrophes is creating the hardest market in a generation for property insurance, the American Property and Casualty Insurance Association says in a new […]
Brazilian mining firm Vale SA agreed to pay $55.9 million to settle charges related to allegedly false and misleading disclosures about the safety of its dams prior to a 2019 dam collapse in Brazil that […]
At least 50 U.S. government staffers stationed in 10 countries were targeted with commercial hacking tools, commonly known as spyware, according to a senior administration official, highlighting the growing threat caused by offensive cyber vendors […]
Britain is “strikingly unprepared” for a changing climate and could face disruptions to energy, food supply, transport and communications infrastructure if it fails to adapt fast, the government’s independent adviser on climate policy has warned. […]
For the third time in the last 18 months, tornadoes or a hurricane have wiped out or have heavily damaged well-established insurance agencies in the Southeast. And all three of those agencies have rebuilt their […]
People who were sexually abused as children in Washington state may soon be able to bring lawsuits against the state, schools or other institutions for failing to stop the abuse, no matter when it happened. […]
Investigators looking for the cause of a deadly explosion that leveled part of a Pennsylvania chocolate factory faced an even more difficult task Monday as they combed through wreckage that was extensively picked apart and […]
A federal judge has sided with four publishers who sued an online archive over its unauthorized scanning of millions of copyrighted works and offering them for free to the public. Judge John G. Koeltl of […]
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