DuPont Co. and two spinoffs will pay at least $50 million to Delaware to help clean up toxic chemicals, the Delaware Department of Justice announced. It’s the first time the state’s Department of Justice has resolved environmental damage claims on …
Police on Block Island seized 21 mopeds after their drivers were seen operating them unsafely and in violation of their rental contracts over the weekend. New Shoreham, Rhode Island, police said in a release Monday that an off-duty police officer …
A man died after he was struck by lightning while playing golf last week in northeastern Pennsylvania, authorities said. Lackawanna County Coroner Timothy Rowland said Monday that Joseph Slivinski. 71, of Blakely was at Pine Hills Golf Course when severe …
Self-driving startup Argo AI, carmaker Ford Motor Co. and ride-hail company Lyft Inc. on Wednesday said they partnered to offer robotaxi trips to Lyft customers in Miami and Austin. The service is expected to launch in Miami later this year …
Casualty is proving its value as a good diversifier for reinsurers, especially given the positive primary rate movement seen in recent years, according to an Aon report. The combination of challenged property experience, robust primary casualty rate levels and thoughtful …
With a $26 billion nationwide settlement in sight over claims that the three largest U.S. drug distributors and Johnson & Johnson helped fuel a nationwide opioid epidemic, state and local governments will soon turn their attention to pharmacies and a …
Munich Re’s net profit in the second quarter rose around 90% from a year earlier, beating expectations and giving it confidence of meeting its 2021 profit target. The German reinsurer said in an unscheduled announcement that expenses for major losses …
BEIJING – At least least 25 people have died in China’s flood-stricken central province of Henan, a dozen of them in a subway line in its capital Zhengzhou, and more rains are forecast for the region. About 100,000 people have …
Royal Dutch Shell Plc said it will appeal a ruling by a Dutch court which ordered it to cut its carbon emissions by 45% over the next decade. Shell has said it will speed up its energy transition plans in …
edical & Commercial International (MCI), the specialist managing general agency, has received “in-principle” approval from Lloyd’s for Syndicate 1902 to underwrite business incepting on or after Jan. 1, 2022. The syndicate will write gross written premium (GWP) of £45 million …
