Israel’s financial system shows “high resilience” despite the country’s military conflicts and ongoing geopolitical uncertainty that have persisted for more than a year, the Bank of Israel said in a report on Tuesday. The banking sector’s profits have been boosted …
Israel Financial System Resilient Despite Wars, Central Bank Says Read More »
The New York City Council’s transportation committee heard testimony Monday on a proposal to lower the Personal Injury Protection (PIP) insurance coverage requirement for for-hire drivers from $200,000 to $50,000 per person, aligning it with the state’s requirement for all …
Bill Aims to Drive Down New York City Taxi Drivers’ Insurance Costs. But Will It? Read More »
An emergency response team in Russia’s Pacific port of Nevelsk is preparing to pump out fuel from a Chinese bulk carrier that ran aground over the weekend, according to regional authorities. “So far, weather conditions are preventing divers from inspecting …
Russia Emergency Services Work to Prevent Pacific Oil Spill Read More »
The world may have already missed its chance to limit global warming to 1.5C, according to two new studies in Nature Climate Change. The Paris Agreement was inked in 2015, with 196 countries agreeing to rein in greenhouse gas emissions …
It’s ‘Virtually Certain’ the World Has Already Breached 1.5C Warming Limit Read More »
Mereo Advisors, a Bermuda-based firm chaired by former American International Group Inc. Chief Executive Officer Brian Duperreault, has secured more than $700 million to fund its new reinsurance operations. The company received commitments from investors that include alternative asset manager …
Ex-AIG Chief Duperreault Secures $700M for Mereo Reinsurance Startup Read More »
Booz Allen Hamilton Holding Corp., a US government defense contractor, is ending its diversity, equity and inclusion programs, citing President Donald Trump’s executive order pressuring federal suppliers to cancel diversity practices. Booz Allen will close down its DEI department, remove …
Booz Allen Scraps DEI Programs in Reaction to Trump Orders Read More »
A former UBS bond strategist who persuaded the U.S. Supreme Court to make it easier for corporate whistleblowers to win retaliation lawsuits suffered a setback on Monday, as a jury verdict awarding him back pay and other damages was thrown …
UBS Whistleblower Verdict Thrown Out Despite Supreme Court Win Read More »
Florida’s chief financial officer has named a Pensacola lawyer and businessman to the Citizens Property Insurance Corp. Board of Governors. Frank White, general counsel for one of northwest Florida’s largest car dealerships, and a former state legislator and former candidate …
Florida CFO Appoints Former Lawmaker, Car Dealer Attorney to Citizens’ Board Read More »
ATLANTA (AP) — A clean energy company is abandoning a plan to build a giant electric battery factory in Atlanta’s suburbs after it shifted to buy a solar panel plant in Texas. Freyr Battery told officials in Newnan last week …
Battery Firm Pulls Plug on $2.6 Billion Plant in Georgia Read More »
Smart Choice, a North Carolina-based firm that works with independent agencies, reported record growth, with more than 1,450 agencies joining the network in 2024. Last year marked the eighth-straight year with more than 1,000 agencies joining, along with new carriers, …
Smart Choice Agency Network Reports Record Growth in 2024 Read More »
