Client inquiries for what the industry calls active shooter policies have risen 50% year on year in the past six weeks, said Tarique Nageer, Terrorism Placement Advisory Leader at Marsh, the world’s biggest insurance broker.

Such policies gained popularity in recent years following a spate of school shootings. They typically cover victim lawsuits, building repairs, legal fees, medical expenses and trauma counseling.

Citigroup forms energy transition group within investment banking – memo

May 14, 2021

The entity will be headed by Serge Tismen and Shail Mehta, and will focus on companies including those involved in hydrogen, charging infrastructure, carbon capture and sequestration and biofuels, said the memo, the contents of which were confirmed by a bank spokeswoman on Thursday.

U.S. SEC chair planning new workforce data disclosures for public companies

May 14, 2021

He said staff would propose a new rule on disclosing the workforce or “human capital” metrics. Those disclosures could include data on issues such as workforce diversity, part-time versus full-time workers, and employee turnover, according to advocacy groups that have been pushing for the new rules.

“This is one of my top priorities and will be an early focus during my tenure at the SEC,” Gensler told the gathering.

The SEC is ramping up its ESG agenda to execute on Democrats’ priorities to address issues such as climate change and social injustice.

Pandemic to be ‘Far More Deadly’ this year, warns WHO

May 14, 2021

“We’re on track for the second year of this pandemic to be far more deadly than the first,” said the World Health Organization’s director-general Tedros Adhanom Ghebreyesus.“

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