Climate Activists to Pressure U.S. Insurers Underwriting Fossil Fuel Industry

Article 1 Comments Expect calls for the insurance industry to stop investing in or insuring the fossil fuel industry and fossil fuel projects to grow louder in California and throughout the U.S. A new petition by several climate change and consumer activist groups will be calling for new California Insurance […]

Support Grows for Delaying UK’s Exit from EU, as Brexit Deadline Looms

Article 0 Comments The risk of a no-deal Brexit appears to be receding after calls for a delay to the U.K.’s exit from the European Union won powerful backing in London and other EU capitals. The pound rose. Senior figures in the French and German governments said they’d be open […]

UK Financial Services Regulations Unlikely to Be Relaxed After Brexit: KPMG

Article 0 Comments KPMG expects Britain to ignore calls to loosen banking rules after Brexit and said in a report on Wednesday it may even become tougher with measures to protect consumers and defend its financial stability from cyber attacks. Britain’s regulators are facing pressure in some quarters to cut […]

This Just In: Early Forecasts for 2018 Hurricane Season

Article 0 Comments An early forecast for the 2018 hurricane season calls for a slightly above-average season with 14 named storms, seven hurricanes, and three major hurricanes. Dr. Philip Klotzbach of Colorado State University (CSU), a non-resident scholar for the Insurance Information Institute (I.I.I.), released CSU’s first extended range forecast […]