AXA XL Supports UK’s First Development-Stage Accelerator for Climate Tech Businesses
AXA XL is partnering with London GreenCity, the UK’s first accelerator for development-stage climate tech entrepreneurs, to offer expertise in insurance and risk management to the accelerator’s members. London GreenCity supports the development of new technologies that address the causes …
POSTED JANUARY 22, 2025 10:51 AM |
Storm Éowyn Set to Hit UK With Damaging Winds and Heavy Rains
Winter Storm Éowyn is gathering strength, supercharged by the Arctic blast that moved through the US, and has the potential to trigger power outages and travel disruptions across the UK later this week. Authorities have expanded warnings, forecasting the storm …
POSTED JANUARY 22, 2025 10:35 AM |
EU Is Set to Shrink ESG Reporting Rules Amid French Demands
The European Union is set to scale back its highly contested ESG reporting requirements, as France prepares to unveil a formal proposal seeking to limit the scope of the regulatory framework. The French government is readying a new set of …
POSTED JANUARY 22, 2025 10:11 AM |
Six Years Post Fatal Disaster, Mines Start Global Waste-Dam Body
An international institute that seeks to improve the safety of reservoirs that store toxic waste from mining known as tailings kicked off Tuesday, six years after the collapse of a dam owned by Vale SA killed 272 people in the …
POSTED JANUARY 22, 2025 9:57 AM |
South Korea to Change Airport Design After Deadly Jeju Air Crash
South Korea will extend runway safety areas and redesign infrastructure after the crash of a Jeju Air Co. flight last month that killed almost everyone on board, sparking criticism that the design of the airport might have exacerbated the accident. …
POSTED JANUARY 22, 2025 9:45 AM |
Houthis Say US and UK Ships Can Safely Take Red Sea Passage
The Houthis said they will stop attacking US and UK vessels in the Red Sea area in response to the Israel-Hamas ceasefire agreement after a year-plus campaign that’s upended global trade. Ships belonging to US and UK individuals or entities …
POSTED JANUARY 22, 2025 9:26 AM |
People Moves: Allianz Commercial Names Region Heads of Property, Financial Lines; New Leadership Roles at Resilience
Allianz Commercial Makes North American Leadership Promotions in Financial Lines and Property Allianz Commercial, headquartered in New York City, made two promotions to its North American leadership in financial lines and property. Nancy Dorvil, head of property Canada, will succeed …
POSTED JANUARY 22, 2025 7:02 AM |
Insurtechs’ Approach to Wildfire Insurance: Part II – Kettle
While the Los Angeles wildfires inch closer toward containment, estimates of insured losses continue to creep higher. CoreLogic said the industry price tag of the Palisades and Eaton fires could land between $35 billion and $45 billion. Moody’s RMS, in …
POSTED JANUARY 22, 2025 6:16 AM |
Alliant Employees Blocked From Soliciting Former MMA Clients
A federal judge in Manhattan overseeing an insurance brokerage poaching case has blocked three Alliant Insurance Services employees from soliciting or contacting any current Marsh & McLennan Agency (MMA) clients or using a spreadsheet of MMA clients that MMA alleges …
POSTED JANUARY 22, 2025 6:03 AM |
Growing Concerns About Wildfires in Carolina Thanks to Kindling Left by Helene
As southern California continues to suffer from wildfires, officials in another part of the country fear their area could be next – thanks to tons of dry wood left over from Hurricane Helene’s wind and flooding. “The number one fire …
POSTED JANUARY 22, 2025 6:01 AM |