Insurance
What Two Oil Firm Ads Show About Where UK Regulator Draws Line on Greenwashing
An ad for TotalEnergies SE inflated the oil company’s investments in renewable energy, misleading consumers, the UK’s advertising regulator ruled on Wednesday. Another commercial for Shell, which promoted its investments in EV charging stations and renewable energy, as well as …
Read More Trump Issues Order to Block State Climate Change Policies
U.S. President Donald Trump issued an executive order on Tuesday that aims to block the enforcement of state laws passed to reduce the use of fossil fuels and combat climate change. The move is the latest in a string of …
Read More Rebates on HO Premiums? It’s a Thing, Orion180 Says in Launching Florida Coverage
Orion180, a property insurance and surplus lines carrier founded in Melbourne, Florida, in 2016, has now started writing policies in the state where it is headquartered. And it is doing so with what appears to be an unusual strategy: Rebates …
Read More Court: 911 Not Part of Emergency Services, Barring Dispatcher Liability Coverage
A 911 dispatch center is not necessarily part of a county’s emergency services department and is not covered by a secondary liability insurance policy, a federal appeals court found this week in a decision that will cost Travelers several million …
Read More After Decades of Abuse Complaints, New York Pediatrician Ordered to Pay $1.6 Billion
Starting in the 1980s, New York law enforcement and health officials fielded sexual abuse complaints from the young patients of a respected pediatrician who ran his practice out of a basement office in his home on Long Island. But Stuart …
Read More Liberty Mutual CEO Sweeney Elected Chairman as Long Retires
Liberty Mutual’s Timothy M. Sweeney, president and chief executive officer, has been elected chairman of Liberty Mutual Holding Co. Sweeney succeeds, David H. Long, who is retiring. Long has been with Boston-based Liberty Mutual for 40 years. He was named …
Read More Trump Temporarily Lowers Tariffs for Most Countries, Raises Them for China
U.S. President Donald Trump said on Wednesday he would temporarily lower new tariffs on many countries, even as he raised them further on imports from China, in a sudden reversal that sent U.S. stocks sharply higher. Trump’s announcement came less …
Read More MNK Group Unveils New Unified Brand
MNK Group has launched a new unified brand, which integrates its broking, MGA, and risk-taking entities to ensure a consistent customer experience. The new group website (groupmnk.com) connects all underlying entities across the UK, Europe, North America, Latin America, Africa, …
Read More China Financial Regulator to Raise Insurance Funds’ Limits for Stock Investment
China’s financial regulator plans to raise limits for insurance funds’ investment in the stock market, as part of action taken to increase support for capital markets and the real economy. It will raise the upper limit of the equity asset …
Read More People Moves: Inszone Names Strong, Cook Midwestern Leadership
Inszone Insurance Services, headquartered in Rancho Cordova, California, made a series of leadership promotions in its Midwestern region. Jared Strong is now vice president of Illinois. Strong has been with Inszone for five years, previously serving as a producer. Brian …
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