The Securities and Exchange Commission said Thursday it would pause the implementation of its new climate disclosure rule while it fights in court over the measure’s legality.
Author: Annie George
CSU Predicts ‘Extremely Active’ 2024 Atlantic Hurricane Season
Weather forecasters at Colorado State University (CSU) on Thursday predicted an “extremely active” 2024 Atlantic hurricane season because of warm sea surface temperatures and less wind shear to break up storms in the summer and fall.
Global M&A Endures Headwinds with Pick Up in 1Q Deal Closures
Global mergers and acquisitions (M&A) achieved a modest rise in completed deals in the first quarter of 2024 compared with the same period last year, according to research from leading global advisory, broking and solutions company WTW’s Quarterly Deal Performance Monitor (QDPM).
New York AG Questions Trump’s $175 Million Bond Deal
The New York attorney general’s office on Thursday took exception to a $175 million bond that Donald J. Trump recently posted in his civil fraud case, questioning the qualifications of the California company that provided it.
Deepfakes Are Coming for the Financial Sector
Deepfakes have long raised concern in social media, elections and the public sector. But now with technology advances making artificial intelligence-enabled voice and images more lifelike than ever, bad actors armed with deepfakes are coming for the enterprise.
Nationwide Insurance Survey: Drivers Continue to Be Distracted
The latest driving behaviors survey from Nationwide polled standard drivers and commercial drivers and revealed additional risky behaviors that are impacting all drivers on the road.
U.S. Directors & Officers Insurance Improved Results Likely Unsustainable
The U.S. Directors and Officers (D&O) liability insurance segment’s favorable statutory underwriting performance of 2023 is not likely sustainable amid declining premium revenues from lower premium rates, as well as the segment’s inherent underwriting volatility related to changes in litigation activity, defense costs and settlement trends, Fitch Ratings says.
Generali Completes Acquisition of Conning
Conning Holdings Limited, a leading global asset manager serving the needs of insurance company and institutional clients, today announced that its acquisition by Generali Investments Holding S.p.A. (GIH), an entity comprising the majority of asset management activities of Generali Group (Generali), has closed.
Eighth Regional Insurer Approved for Florida Market
Florida has added an eighth regional company to write homeowners coverage, a sign of confidence in the marketplace now that the state has insurance-friendly regulations in place.
Hub International Enhances Commercial and Personal Insurance Capabilities with Sale Insurance Agency, Inc. in Florida
Hub International Limited (Hub), a leading global insurance brokerage and financial services firm, announced today the acquisition of the assets of Sale Insurance Agency, Inc (Sale Insurance).