Hurricanes are keeping their staying power longer once they make landfall, spreading more inland destruction, according to a new study. Warmer ocean waters from climate change are likely making hurricanes lose power more slowly after landfall, because they act as …
A grains crushing plant of Chinese farm giant COFCO International partially resumed operations on Thursday, after halting them on Tuesday after an incident in which three contractor workers died, a spokesman told Reuters. Argentina is the world’s leading exporter of …
The COVID-19 pandemic is creating varying levels of disruption for writers in the U.S. professional liability insurance market, with many expecting a sizable increase in claims, according to a new AM Best report. With its Best’s Special Report, “Professional Liability …
Irish brewer Guinness said Wednesday that it is recalling cans of its recently launched non-alcoholic stout in Britain over contamination concerns. The recall, which the brewer described as “precautionary” and related to a “microbiological contamination,” impacts the British market as …
A U.S. appeals court on Thursday upheld Harvard University’s use of race in undergraduate admissions, rejecting a challenge by affirmative action opponents who said the Ivy League school’s policy discriminates against Asian-Americans. Opponents of the decision, by the 1st U.S. …
EQ One, a West Coast earthquake insurance underwriter, has added additional capacity to its earthquake offering through Munich Re Specialty Insurance. This increased capacity will allow EQ One team to write larger earthquake risks. EQ One is a difference in …
Global Risk Solutions, Inc., a provider of claims adjusting and environmental risk management services based in Miami, has added Colm Keenan as executive vice president and chief of Learning & Marketing. Keenan will be based in Sarasota, Fla. and report …
Slice Labs Inc. and AXIS Insurance have partnered to distribute AXIS Home Based Business insurance, an on-demand digital commercial insurance product designed for home businesses not covered by traditional homeowners insurance policies. AXIS Insurance is the specialty insurance business segment …
Hurricane Zeta hit Louisiana’s citrus growers right at harvest time, and hit them hard. “We have some growers with up to 75% of their citrus laying on the ground,” LSU AgCenter horticulture agent Joe Willis said in a news release. …
A fiery crash on a bridge linking Ohio and Kentucky could force the span to remain closed for days as officials tried to determine the amount of damage to the bridge that serves as a crucial link for interstate commerce, …
