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Insurers Join ‘Net Zero’ Climate Pledge at United Nations

Insurers and pension funds managing $2.3 trillion pledged on Monday to shift their portfolios away from carbon-heavy industries in the hope of triggering snowballing climate commitments from other big investors. German insurer Allianz, the California Public Employees’ Retirement System (CalPERS), … Source: Claims Journal

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FAA Chief Stresses Need for Better Plane Design and Piloting

The top U.S. aviation regulator briefed his counterparts from around the world on the grounded Boeing Co. 737 Max, reminding them that improvements in both aircraft design and piloting are needed for safety. Newly installed FAA Administrator Steve Dickson pledged … Source: Claims Journal

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Boeing Fund to Pay 737 MAX Crash Victims $145K Each

Boeing Co.’s $50 million financial assistance fund will pay the families of 346 people killed in two fatal 737 MAX crashes $144,500 each, the fund’s administrators said on Monday. The fund, which is overseen by Washington lawyers Ken Feinberg and … Source: Claims Journal

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