Insurance
Hannover Re’s Henchoz to Step Down as CEO, Succeeded by CFO Jungsthöfel
Hannover Re announced that Chief Executive Officer Jean-Jacques Henchoz (60) is stepping down and will be replaced by the current chief financial officer, Clemens Jungsthöfel (54). Henchoz has decided not to extend his expiring contract at his own request and …
Read More Spain’s Hurricane Katrina Moment Saw Officials Ignoring Warnings
As a deadly storm bore down on Valencia on Oct. 29, the regional president was attending a ceremony to recognize his work on sustainable tourism. Three hours earlier, Spain’s national climate agency had issued a red alert about the rains …
Read More US Supreme Court to Hear Facebook Bid to Escape Securities Fraud Suit
The U.S. Supreme Court is set on Wednesday to consider a bid by Meta’s Facebook to scuttle a federal securities fraud lawsuit brought by shareholders who accused the social media platform of misleading them about the misuse of its user …
Read More UCLA and NOAA: Climate Change Baked Western US Despite the Rainfall
Even with all the storms the Western U.S. received in the last two years, climate change is baking the region. That’s because higher temperatures are increasing evaporation enough to cause drought, according to a study by UCLA scientists and National …
Read More CNN Must Face Project Veritas’ Defamation Lawsuit, Appeals Court Rules
A U.S. federal appeals court on Thursday revived a defamation lawsuit accusing CNN of defaming Project Veritas in its explanation of why the conservative group, which is often accused of using deceptive tactics, was suspended from Twitter in 2021. The …
Read More 15 Homes Evacuated As Crews Battle Another Wildfire In New Jersey
The latest forest fire to break out in New Jersey spurred authorities to evacuate more than a dozen homes Wednesday as crews worked to contain the blaze, but no injuries or property damage has been reported. The New Jersey Forest …
Read More Former UFC Fighter Wanted on Insurance Fraud Charges in Washington
A former UFC fighter is wanted in Washington for insurance fraud, among other charges. Bryan Caraway, originally from Richland, has landed on Washington Insurance Commissioner Mike Kreidler’s insurance fraud most wanted list after he failed to appear for a pre-trial …
Read More Missouri Farmer Who Stars in Reality TV Series Pleads Guilty Crop Insurance Fraud
A Missouri farmer who appears in a reality TV show about his family’s farming operation pleaded guilty this week to a multi-million dollar fraud scheme involving federal crop insurance benefits. Steve A. McBee, 52, waived his right to a grand …
Read More People Moves: Grange Insurance Names Carter VP, PL Sales & Strategic Distribution
Grange Insurance Company, headquartered in Columbus, Ohio, named Nicole Carter as vice president, public liability sales and strategic distribution, effective Jan. 1, 2025. Carter has nearly 30 years of experience in the insurance industry. Before joining Grange, she served as …
Read More Biden Rushing Study That Threatens to Slow Trump’s LNG Plans
The Biden administration is racing to complete a study that could complicate President-Elect Donald Trump’s plan to immediately approve new liquefied natural gas export terminals, according to people familiar with the matter. The study, underway since January, examines the climate, …
Read More