A recent U.S. labor board ruling limiting what employers can include in severance agreements is a reminder that companies must be careful not to ask workers to sign away their rights.
Author: Annie George
Chubb Insurance Demands Energy Producers Cut Methane Emissions for Coverage
Global insurer Chubb Ltd. is tightening its requirements on insurance policies for oil-and- gas producers, demanding that they reduce emissions of methane, a potent greenhouse gas.
Closing the Personal P&C Protection Gap: McKinsey Global Insurance Report
A growing protection gap in both developed and developing countries indicates that insurers struggle to design products fit for the evolving and emerging risks that modern personal-lines consumers demand.
Commercial Property Debt Creates More Bank Worries
A record amount of commercial mortgages expiring in 2023 is set to test the financial health of small and regional banks already under pressure following the recent failures of Silicon Valley Bank and Signature Bank.
Zuckerberg, Meta Sued for Failing to Address Sex Trafficking, Child Exploitation
A new lawsuit accuses Mark Zuckerberg and other Meta Platforms Inc executives and directors of failing to do enough to stop sex trafficking and child sexual exploitation on Facebook and Instagram.
First Indemnity Announces New Risk Management Partnership for Clients
First Indemnity Insurance Group announced today a new partnership with Attorney Risk Management (ARM), a provider of risk management resources for lawyers
Officials Study Ways to Insure All Bank Deposits If Crisis Grows
U.S. officials are studying ways they might temporarily expand FDIC coverage to all deposits, a move sought by a coalition of banks arguing that it’s needed to head off a potential financial crisis.
USDA to Spend $197M to Prepare for Wildfires Brought On by Climate Change
Federal officials announced $197 million in grants to help more than 100 communities and tribes across the nation become more resilient to wildfire.
SVB-Fueled Turmoil Debunks Lessons of the Global Financial Crisis
The turmoil touched off by the collapse of Silicon Valley Bank has demolished much of what the Federal Reserve, political leaders and investors thought they had learned from the global financial crisis of 2007-09.
Biden Vetoes GOP-led Bill to Reverse ESG Investing Rule
President Biden issued his first veto, rejecting a bill that would have nixed a Department of Labor rule that gives room for retirement plan managers to consider ESG factors in their investment decisions.