A group of newspapers, including the New York Daily News and Chicago Tribune, sued Microsoft and OpenAI i...
Key Insurer Says Russia Oil Price Cap Increasingly Unenforceable
A Group of Seven-imposed cap on the price of Russia oil is becoming increasingly unenforceable, an organization at the heart of the global insurance industry said, offering one of the most direct...
A Group of Seven-imposed cap on the price of Russia oil is becoming increasingly unenforceable, an organization at the heart of the global insurance industry said, offering one of the most direct...
Article / 6 days ago
RBNZ Says Insurance May Become Unaffordable for High-Risk Homes
New Zealanders who own properties in areas prone to flooding or earthquakes may find they can't afford insurance or may not be offered cover for specific...
New Zealanders who own properties in areas prone to flooding or earthquakes may find they can't afford insurance or may not be offered cover for specific...
Article / 7 days ago
EU Should Revisit Bank and Insurer Capital Rules: French President Macron
French President Emmanuel Macron called on Thursday for a revision of how Europe applies minimum capital rules to banks and insurers so that they are not...
French President Emmanuel Macron called on Thursday for a revision of how Europe applies minimum capital rules to banks and insurers so that they are not...
Article / 10 days ago
Chamber of Commerce Sues to Block FTC's Non-Compete Ban
Business groups led by the US Chamber of Commerce sued the Federal Trade Commission Wednesday seeking to block a rule finalized this week that would outlaw non-compete provisions...
Business groups led by the US Chamber of Commerce sued the Federal Trade Commission Wednesday seeking to block a rule finalized this week that would outlaw non-compete provisions...
Article / 12 days ago
Pressure Grows on Swiss Insurer Baloise to Change Voting Rules
Shareholder pressure is growing on insurer Baloise to change its voting rules, with influential proxy adviser Glass Lewis backing one investor's bid to remove a 2% ceiling on voting rights, saying it...
Shareholder pressure is growing on insurer Baloise to change its voting rules, with influential proxy adviser Glass Lewis backing one investor's bid to remove a 2% ceiling on voting rights, saying it...
Article / 28 days ago
EBRD Calls for Subsidized Insurance to Quickly Rebuild Ukraine
Subsidized insurance would attract investors to help rebuild Ukraine's war-battered economy, according to the European Bank for Reconstruction and...
Subsidized insurance would attract investors to help rebuild Ukraine's war-battered economy, according to the European Bank for Reconstruction and...
Article / 1 month ago
Australia Warns of Critical Financial Risks to Insurers and Banks From Climate Change
Australia's worsening climate change may see insurance companies and banks withdraw their services from communities vulnerable to extreme events...
Australia's worsening climate change may see insurance companies and banks withdraw their services from communities vulnerable to extreme events...
Article / 2 months ago
US Treasury Drops Plan to Collect Insurer Data on Climate Risks
The US government is stepping away from its effort to collect data on home insurance prices and availability at the Zip code level as premiums soar and climate risks...
The US government is stepping away from its effort to collect data on home insurance prices and availability at the Zip code level as premiums soar and climate risks...
Article / 2 months ago
Banks, Insurers Targeted as Climate Group Seeks EU Review of Deforestation Rule
Climate activists are putting pressure on the European Union to reconsider its decision to exclude banks from a landmark deforestation rule, in a move...
Climate activists are putting pressure on the European Union to reconsider its decision to exclude banks from a landmark deforestation rule, in a move...
Article / 2 months ago
The Oil Was From Iran. The Insurance Was From New York
Last June, a rusting tanker named Sincere 02 picked up oil at an Iranian port and steamed across the Persian Gulf on its way to the United Arab Emirates....
Last June, a rusting tanker named Sincere 02 picked up oil at an Iranian port and steamed across the Persian Gulf on its way to the United Arab Emirates....
Article / 3 months ago