The Insurance Industry Charitable Foundation (IICF), a unique nonprofit organization dedicated to helping communities and enriching lives, today hosted a new webinar titled Connecting Talent with Opportunity: Apprenticeship Programs. Speakers featured in the webinar highlighted the importance and success of apprenticeship programs at Aon, AIG and Zurich and provided best practices for recruiting new and… Continue reading IICF, Aon, AIG and Zurich Partner for Apprenticeship Webinar Dedicated to Promoting Diverse Insurance Workforce
Author: Farkas Laura
WTW: Unprecedented Growth in Renewable Energy Driving Increased Use of Transition Plans
The accelerating growth of the renewable energy sector continues as companies are looking to transition to a low carbon environment. The speed of growth is also creating significant demand for building resilience against climate change, according to WTW, a leading global advisory, broking, and solutions company, at the launch of its annual Renewable Energy Market… Continue reading WTW: Unprecedented Growth in Renewable Energy Driving Increased Use of Transition Plans
Google Misled Publishers and Advertisers, Unredacted Lawsuit Alleges
According to newly unredacted allegations and details in a lawsuit filed by state attorneys general, Google misled publishers and advertisers for years about the pricing and processes of its ad auctions, creating secret programs that deflated sales for some companies while increasing prices for buyers. Meanwhile, according to the newly unredacted complaint, Google pocketed the… Continue reading Google Misled Publishers and Advertisers, Unredacted Lawsuit Alleges
Health Insurers Will Cover Home COVID Tests Beginning Saturday
Private health insurers will be required to cover up to eight home COVID-19 tests per month for people on their plans beginning Saturday. The Biden administration announced the change on Monday as it seeks to reduce costs and make virus testing more convenient in the face of rising frustrations. According to the new policy, which… Continue reading Health Insurers Will Cover Home COVID Tests Beginning Saturday
AM Best: Demand Surge and Inflation to Increase Colorado Wildfire Losses
AM Best has warned that a surge in demand and inflation will amplify losses from the late-season Marshall Fire in Boulder County, Colorado, which destroyed over 1,000 structures on December 30th, 2021. The wildfire arrived at the end of last year and burned through approximately 6,000 acres in two days, becoming the most expensive fire… Continue reading AM Best: Demand Surge and Inflation to Increase Colorado Wildfire Losses
Supply Chain Disruption Among Concerns for Tech and Life Sciences Clients: Survey
A recent survey of TechAssure’s insurance agent and broker members underscores how the COVID-19 pandemic has shaped their technology and life sciences clients’ approach to key business challenges and risks. “Technology and life sciences companies are pioneers in innovations, and have helped the world adapt since the onset of the pandemic,” said Veronica Somarriba, EVP,… Continue reading Supply Chain Disruption Among Concerns for Tech and Life Sciences Clients: Survey
WTW Sets Up New Crisis Management Business Unit for Security Risk Management
WTW today announced the formation of a new Crisis Management unit with the merger of SCR and its Terror and Political Violence teams which will sit within its Financial Solutions Global Line of Business and be headed up by Jo Holliday, Managing Director of SCR. The new unit works globally and is dedicated to delivering… Continue reading WTW Sets Up New Crisis Management Business Unit for Security Risk Management
AAU Announces Hire of Altrock in Scottsdale, AZ
AAU, a division of USG Insurance Services, Inc., is pleased to announce the hire of Susan Altrock as AAU Program Manager in the Scottsdale, AZ satellite office. Altrock brings 25+ years of industry experience to the team, most recently with National Program Administrators in Scottsdale, AZ. As Program Manager for Allied American Underwriters, a division… Continue reading AAU Announces Hire of Altrock in Scottsdale, AZ
Low-Income Residents Face Higher Risk of Deadly Fires Like Bronx High-Rise Apartment Blaze
The deadly fire in a Bronx apartment building was the second such tragedy in low-income housing in the United States this month, highlighting the persistent link between poverty and residential fire deaths. “This is not to say that poverty invariably leads to fires,” said Birgitte Messerschmidt, research director at the National Fire Protection Association. “However,… Continue reading Low-Income Residents Face Higher Risk of Deadly Fires Like Bronx High-Rise Apartment Blaze
Boy Scouts Says Abuse Claims Likely to Be Paid in Full, With Lowered Liability Estimates
Based on new and lower estimates of how much it owes abuse victims, the Boy Scouts of America said it now expects to be able to pay in full on the sex-abuse claims that drove it to bankruptcy. The youth organization said on Tuesday that the total value of claims eligible for payouts is now… Continue reading Boy Scouts Says Abuse Claims Likely to Be Paid in Full, With Lowered Liability Estimates