Assicurazioni Generali SpA plans to return more than €7 billion ($7.3 billion) in dividends and buy back at least €1.5 billion in shares by 2027, as Chief Executive Officer Philippe Donnet pursues growth in asset management and high-margin insurance. Italy’s …
Generali to Pay Out Over €7 Billion in Dividends by 2027 Read More »
The European Union’s drive to simplify rules will not weaken the bloc’s climate change goals, European Commission President Ursula von der Leyen said. She was speaking on Wednesday after the Commission published a plan to boost EU competitiveness, the first …
EU Says Drive to Simplify Will Not Weaken Climate Agenda Read More »
This edition of International People Moves details appointments at Lloyd’s and Ryan Re. A summary of these new hires follows here. Lloyd’s Promotes Cliff to CFO, Succeeding Keese Lloyd’s, the insurance and reinsurance marketplace, announced the appointment of Alexandra Cliff …
Theft and violence against retail workers in Britain soared to record levels last year and are “out of control,” driven partly by criminal gangs, according to a report published on Thursday. Industry body the British Retail Consortium’s annual crime survey …
Theft and Violence in UK Retail Soar to Record Levels, Survey Shows Read More »
British government departments have operated hundreds of outdated computer systems and failed to meet their own cybersecurity targets, increasing the risk of a disruptive hack, a watchdog has found. The National Audit Office, an independent parliamentary body, flagged the concerns …
UK Government Agencies Vulnerable to Cyberattacks, Watchdog Says Read More »
New Zealand plans to introduce legislation before the end of the year that will create a framework to help communities and businesses adapt to the impacts of climate change. The law will establish guiding principles and responsibilities for adaptation action, …
Flood-Prone New Zealand Says It Needs to Adapt to Climate Extremes Read More »
Amazon.com was sued on Wednesday by consumers who accused the retailing giant of secretly tracking their movements through their cellphones, and selling data it collects. According to a proposed class action in San Francisco federal court, Amazon obtained “backdoor access” …
Lawsuit Accuses Amazon of Secretly Tracking Consumers Through Cellphones Read More »
The fires in California have been devastating for many small business owners and others who saw their homes, businesses or livelihoods go up in smoke. Raquel “Rockey” Smeir startedMy Friends Café in Sierra Madre, California, in 2021. While the fires …
As Small Businesses Try to Recover from LA Fire Devastation, A Variety of Aid Exists Read More »
The Los Angeles Department of Water and Power is facing the risk of significant financial liability for damages in the utility’s response to the Palisades Fire, according to Pacific Investment Management Co. “Given the sheer size of insured and uninsured …
Pimco Warns LA City Utility Faces Steep Liabilities After Fires Read More »
The Maryland Insurance Administration reports that it recovered nearly $33.3 million in 2024 for Marylanders by helping resolve insurance-related issues and complaints. Acting Commissioner Marie Grant said the money was recovered through a rapid response program, consumer complaint units, an …
Maryland Regulator Resolved $33 Million in Insurance Complaints in 2024 Read More »
