Europe’s Climate Coalition for Banking Faces Setbacks

The world’s biggest climate group for banks, the Net-Zero Banking Alliance (NZBA), is facing a wave of departures. After key banks in the UK and Switzerland left recently, some large European Union banks with strong ties to the U.S. are now considering following suit. These banks worry about being seen as unfairly anti-oil in the … Read more

Six Tips for Preventing Theft on Construction Sites

Theft at construction sites continues to be a major problem for contractors across the United States, costing the industry up to $1 billion each year. Tools, equipment, and materials left unsecured are prime targets. Losing these items not only drives up costs but can also slow down projects and harm a company’s reputation. Damien Hayden, … Read more

Mercury Requests 6.9% Rate Increase in Filing Due to New Cat Modeling Regulation

Mercury Insurance has taken a new step in California’s ongoing battle with wildfire risks by submitting a rate filing that uses the state’s fresh regulation allowing catastrophe models to influence insurance pricing. This move is the first to apply the Verisk Wildfire catastrophe model, a tool designed to predict the impact of future wildfires. The … Read more

Insights from Executive Octavia Bush

Octavia Bush from Marsh McLennan Agency recently shared her thoughts on how the insurance world can become more attractive to younger people. In the latest episode of Executive Insights, created with the National African American Insurance Association (NAAIA), Bush focuses on ways the industry can appeal to a new generation. She points out that the … Read more