Investments

Insurance broker Marsh will start offering contracts to protect companies against fraud in the market for carbon credits, after the instruments became the subject of recurring allegations of greenwashing.

Moody's believes Florida will sell bonds to help replenish the CAT fund this spring.

For the math to pencil out, carbon projects need to eliminate CO2 for a similarly long period of time. But many offset projects store CO2 in fragile ecosystems prone to re-releasing heat-trapping gases.

In North America employer risk and ESG regulation are the top concerns, according to Beazley's Risk & Resilience report: Spotlight on Boardroom Risk 2024.

US insurer MetLife Inc. is in advanced talks to buy PineBridge Investments' assets outside of China, people familiar with the matter said, in a deal that could be valued at $1 billion to $1.5 billion.

Many customers have challenges with their financial health, according to J.D. Power's individual life and annuity studies.

MMA says some risky-sector issuers in the area hit hard by the hurricane may be pushed into technical or payment defaults.

California and Oregon are experiencing yet another record-setting year of wildfires amid increasing uncertainty about FEMA and property insurance backstops.

The litigation comes amid heated debate over a Department of Labor rule meant to prevent excessive fees on sales of insurance products.

The property and casualty insurance broker closed an IPO raising $187 million.