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Travelers Indemnity defeats age discrimination suit as court dismisses appeal over arbitration
Yvonne Michaud, a veteran employee who had been with Travelers for roughly 45 years, resigned in May 2019 at the age of 69. In 2021, she filed a lawsuit claiming that the company had discriminated against her based on her age. Michaud said she’d been passed over for promotions, denied raises, and not compensated for…
Why women in insurance still can’t find a seat in the boardroom
Margaret Resce Milkint (pictured), global insurance practice leader at Diversified Search Group, has spent over three decades pushing for systemic change. For her, this is more than a DEI talking point – it’s about embedding inclusion into the DNA of organizations, fostering executive sponsorship, and redefining what it means to lead in modern insurance. Source…
Mediobanca proposes new terms for Generali CEO
Tensions between Generali’s management, Mediobanca, and the billionaire investors have been further heightened this year over the insurer’s agreement with French banking group BPCE to merge their investment units, aiming to create Europe’s second-largest asset manager. Some Generali board members, backed by Caltagirone, have opposed the deal. Source link
Nine of 10 global firms hit by cyberattacks – report
Most frequently cited vectors of attack identified Source link
QBE North America launches new commercial property product
The Commercial Property product is available to a range of industries, including education, financial institutions, healthcare, hospitality, gaming, industrial, light manufacturing, mixed real estate, municipalities, offices, retail, technology, and wholesale and industrial operations. Source link
Florida OIR approves transferring more Citizens policies to private insurers
Depopulation strategy continues as private carriers expand personal residential footprint Source link