Zurich Insurance Group AG overcame a record year for natural-disaster claims in the industry to deliver its first dividend increase since 2011. The shares rose the most since August 2016. Switzerland’s biggest insurer raised its dividend for 2017 by 6 …
Everest Re Group Ltd. announced that Paul Sanders has joined Everest Insurance as head of their European Credit and Political Risk insurance business. Sanders joins Everest with over 20 years of experience in the London market as a broker, underwriter, …
Federal safety regulators have proposed penalties totaling $194,006 against a Wichita, Kansas-based airline manufacturer for allegedly exposing its employees to a known carcinogen The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) cited aircraft manufacturer Spirit Aerosystems Inc. …
State transportation officials plan to remove highway guardrail end caps manufactured by a Nebraska company that have been the subject of lawsuits across the country alleging safety defects. The Nebraska Department of Transportation said in a news release that it …
A.M. Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of “a” of Grinnell Mutual Reinsurance Co. and …
The 40-foot wall of water that gushed down Texas’ Blanco River in May 2015, wiping out parts of Wimberley and killing more than a dozen people, was largely a natural phenomenon. But a new study shows that development along the …
The link between property and transport has been perhaps the most durable in human history. Since the ancients, few things have delivered higher land values with more certainty than advances in transport, from roads to canals, railways to highways. It’s …
The board of Wynn Resorts has been sued by shareholders, claiming the board knew for years that Steve Wynn, founder and chief executive of the casino operator, had been accused of sexual misconduct and failed to investigate. The company declined …
Nationwide Mutual Insurance Co. and clean energy developer Sol Systems are investing $100 million into a fund they are forming to acquire U.S. solar projects. The Helios Infrastructure Fund plans to buy more than 330 megawatts of solar over the …
