Insurance

Californians know wildfires and earthquakes; hurricanes, not so much. So when Tropical Storm Hilary inundated Southern California in normally bone-dry August, it showed just how exposed homeowners are to a growing financial risk from unpredictable climate-driven flooding. Standard homeowners insurance …

Guy Carpenter, the reinsurance business of Marsh McLennan, announced the appointment of Julian Enoizi as CEO of Guy Carpenter Europe effective immediately. Enoizi will be based in Europe and report to Laurent Rousseau, CEO of Guy Carpenter Europe, Middle East …

The world is losing the race to meet its climate change goals, the president of the upcoming COP28 summit said on Tuesday, as African leaders called for changes to what they say is an unfair international climate finance system. The …

This edition of International People Moves details appointments at the Howden MGA DUAL and at the broker Howden Germany. A summary of these new hires follows here. DUAL Appoints McGinn From Allianz as UK CEO DUAL, the specialist underwriting arm …

McConkey Insurance & Benefits, a locally owned independent insurance agency based in York, Pennsylvania, announced its recent acquisition of Gallen Insurance Agency, located in Berks County. According to Michael Harter, president and CEO of McConkey, the acquisition of expands McConkey’s …

Ford Motor said on Friday it will recall 169,000 U.S. vehicles to replace rearview cameras and update software and is taking a $270 million charge to address the callback. It was the latest in a series of recalls for rear …

The Federal Trade Commission won an administrative ruling against TurboTax tax software maker Intuit INTU.O after the commission said the company misled consumers with deceptive advertisements pitching “free” tax filing products that millions of consumers were unable to use, the …

JACKSONVILLE, Fla. (AP) — A 12-year-old boy was struck and killed by a car Friday morning in Florida after a dog chased him into the street, authorities said. The boy and his younger brother had been walking on a sidewalk …

CHAPEL HILL, N.C. (AP) — As sirens blared across the University of North Carolina at Chapel Hill and cell phones lit up with alerts of an active shooter, Micah Baldonado cried quietly at his desk while his teacher proceeded with …

Seven weeks after catastrophic flooding in Vermont destroyed their mobile home, Sara Morris and her family don`t yet know what they will do for housing long-term. She and her husband, their three kids and his mother have been staying with …