(Outlet: Newsweek) The California Department of Insurance gave Allstate permission to increase its homeowners insurance premiums by an average 34.1 percent, the largest rate hike of any major insurer approved by the agency in the past three years. The decision is expected to affect more than 350,000 policyholders across the state, with homeowners in Fresno, Madera and Mariposa counties seeing the highest increases.…Read More
Wharton Impact Venture Associate (WIVA) Teja Vankireddy (W’26) reflects upon sourcing SISTAIN, an AI-driven marketplace enabling non-toxic living.…Read More
(Outlet: Next Big Idea Club) Zeke Hernandez, Political Risk & Identity Lab Faculty Co-Lead, shares five key insights from his new book, The Truth About Immigration: Why Successful Societies Welcome Newcomers.…Read More
(Outlet: Inside Climate News) As corporate America reckons with the climate crisis, business schools are adapting MBAs to focus on climate and sustainability.…Read More
(Outlet: Marketplace) The dust is starting to settle from the global stock market sell-off Monday. One development that helped spark fear among investors was the increase in the U.S. unemployment rate, which ticked up to 4.3% in July from 4.1% in June. A rising jobless rate is not, on the face of it, usually a good thing. But this time, the reasons might not be so bad.…Read More
(Outlet: The Daily Pennsylvanian) Many students among the over 65,000 domestic and international applicants to Penn’s Class of 2028 applied to schools both in the United States and abroad. The Daily Pennsylvanian spoke with two international and two domestic students who applied to both universities abroad and in the United States to understand the differences in application processes and why all four ultimately chose Penn.…Read More
(Outlet: Bloomberg Law) A new shareholder advocacy group pulled off rare corporate ballot wins at Jack in the Box and Wingstop this year with proposals pushing the restaurant chains to set greenhouse gas emissions reduction targets for the first time.…Read More
(Outlet: Penn Today) From lower test scores to higher crime rates, economist R. Jisung Park of the School of Social Policy & Practice looks at the daily consequences of climate change.…Read More
The ESG Emphasis Finder is a powerful web application to help researchers, executives, and investors who wish to gain comprehensive insights into how much companies emphasize material and non-material ESG and how it changes over time.…Read More
(Outlet: E&E News) Sen. J.D. Vance has little love for ESG investing — going so far to call the socially conscious financial strategy a “massive racket” during a 2022 interview. But a review of financial disclosure forms filed by former President Donald Trump’s new running mate finds several investments that could fit neatly into an ESG portfolio. The investments add a new wrinkle to Vance’s mercurial relationship with climate politics. “Anyone with a really large portfolio is going to be pretty well-diversified across a lot of asset classes, including those that ESG investors might overweight,” said Daniel Garrett, an assistant professor of finance at the University of Pennsylvania’s Wharton School.…Read More
