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...Bank of America has come under fire from environmentalists for changing its tune on Arctic drilling and coal power plants....
...Workers found escape routes blocked, windows barred and fire extinguishers inoperable. Over 250 of them burned or suffocated to death....
...Hartford Financial Services, which writes far fewer home insurance policies, is down just 5 per cent. Some states limit insurers’ ability to raise premiums....
...Since then, the US backlash against ESG investing has turned its fire on insurance companies, after Texas Republican lawmaker Bryan Hughes reportedly wrote to large insurers with concerns about shareholder...
...Kathleen Donnelly KC acted for 555 sub-postmasters in a 2019 High Court case, known as Bates v Post Office, that led to revelations the company had pursued thousands of people between 2000 and 2014 with...
...The cladding was not put on by the original developer and was instead installed under a government green scheme a decade ago....
...A record total of blue bonds has been issued by companies and countries this year, Nordea says....
...Aims to impose disclosure of sustainability risk on financial institutions, pension funds and insurance companies. Includes all sustainability risk, not only climate but also social and governance....
...“Fire safety is obviously very important,” says Engi Meacock, “but unfortunately a lot of biomaterials have yet to be certified for fire safety (due to the complexity and cost of the process), which can...
...A cynic would argue that BP gets green credentials on the cheap meanwhile. Big companies are dithering on energy transition because governments are....
...We will also provide £960m for the new Green Industries Growth Accelerator focused on offshore wind, electricity networks, nuclear, CCUS and hydrogen....
...The strap is made from green fire hose used by Lancashire Fire and Rescue Service, with the brand’s signature ‘In case of fire break glass’ case back also green....
...Almost three-quarters of all seaborne Russian crude flows travelled without western insurance in August, a lever used to enforce the G7’s $60-a-barrel oil price cap....
...It has specialist subgroups for asset managers, insurance companies and banks, among others....
...From April sixth, employees National Insurance will be cut by another 2p, from 10% to 8%. And self-employed national insurance will be cut from 8% to 6%....
...In December, the National Fire Chiefs Council warned there was “significant uncertainty” over the fire performance of modular homes and called for stricter testing....
...(Josephine Cumbo) Smart read PwC is under fire in Australia after using its knowledge of government tax plans to advise clients....
...The court papers say that Yasuda Fire and Marine Insurance “recklessly, if not purposefully, ignored the provenance of Sunflowers that Christie’s published”....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...However even if more investment is poured into the companies it’ll take time to fire up, so the UK is likely to lag other advanced economies, which are forecast to cut interest rates more quickly....
...Until then, you can reach Sid and I at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...The researchers are calling for insurance companies, using input from government and climate scientists, to better assess risk over future years; and then, using that insight, offer financial incentives...
...Like insurance, it’s a precaution. But I’m unlikely to start cooking on my open fire, unless it’s marshmallows. However, if I’m to save money, surely I need to understand the basic metrics?...
...Green's motor insurance provider cancelled his cover as soon as he switched his address to a Gypsy site. I phoned 54 insurance companies....
...And that, in turn, is affecting how the reinsurers treat their insurance company clients....
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