Goldman Sachs Group Inc. paid out well over $12 million to a veteran executive who complained internally about a toxic workplace for women at the firm’s highest levels.
Author: Annie George
Annual Single-Family Rent Growth Decelerates for Fifth Consecutive Month
Single-family rents increased 10.2% year over year in September, down from 13.9% in April 2022.
Investors Urged to Act to Help Reduce Up to 60% Financial Downside Risk Due to Climate Change
Investors in a 2.7-degrees-Celcius to 3.6-degrees-Celcius transitioned world economy could face a 50% to 60% downside to existing financial assets by the end of the century.
Brownyard Group’s By The Cover Adds 14 New States
Program administrator Brownyard Group has announced its By The Cover®, insurance program for libraries, is now available in 14 additional states.
Woodruff Sawyer: Property Rates Rise and the Cyber Market Improves: Q3 2022
According to an updated commercial lines report from insurance brokerage firm Woodruff Sawyer, the number and severity of named storms, as well as where and when they make landfall, will have an effect on property premiums for the rest of the year and into the following year.
G7 Launches Climate Insurance & Disaster Protection Funding
The G7-led “Global Shield” plan to provide funding to countries suffering from climate disasters was unveiled on Monday at the United Nations COP27 summit, though some questioned its effectiveness.
Nicole Leaves ‘Unprecedented’ Damage in Its Wake
Nicole’s storm surge carved a path through the Florida coast on Thursday, threatening the foundations of several beachfront homes.
It’s Five More Years for AIG CEO Zaffino
The employment term of AIG Chief Executive Officer Peter Zaffino has been extended for five years through November 10, 2027.
COP27 Climate Summit: Success Hinges on ‘Loss and Damage’
The COP27 climate summit in Egypt entered its final week, with nearly 200 countries racing to reach an agreement to steer the world toward reducing greenhouse-gas emissions and increasing funding for countries affected by climate change.
Parametric Insurer FloodFlash Breaks into U.S. Market with CEO Hire
FloodFlash, the first insurance company to pay catastrophic flood claims as quickly as six hours after a flood, announced today the appointment of Mark Hara as CEO of North America.