Digital auto insurer Root saw its loss ratio spike in the 2021 second quarter as higher costs for repairs, used vehicles and miles driven rose above pre-pandemic levels. But the Ohio-based insurer continues to report growth in its premium volume, …
Environmental activists who caused days of traffic chaos in London two years ago said on Wednesday [Aug. 18] they would start a fortnight of action next week focused on the capital’s financial district, which they blame for helping to fuel …
Mosaic Insurance and DXC Technology announced the launch of an insurance technology platform that increases the speed at which specialty insurance is sold, underwritten and serviced. Together with DXC’s business-process expertise and technology, Mosaic, the Bermuda-based specialty insurer, aims to …
A controversial Russian pipeline to Europe can deliver its first batches of natural gas to Germany this year, according to Gazprom PJSC. The Nord Stream 2 link can ship 5.6 billion cubic meters of the fuel in 2021, the Russian …
More than a decade on from the financial crisis, regulators are spooked once again that some companies at the heart of the financial system are too big to fail. But they’re not banks. This time it’s the tech giants including …
CSRisks Capitol Special Risks, a division of Specialty Program Group, LLC, announced that Amanda Sedliak will succeed Dorothea Westin as President of the specialty lines insurance brokerage firm. Ms. Sedliak joined CSRisks as an Account Manager in 1998, working her …
A fourth business executive faces criminal charges stemming from a federal investigation into a failed multibillion-dollar project to build two nuclear reactors in South Carolina, authorities announced Wednesday. Jeffrey A. Benjamin was a former senior vice president for Westinghouse Electric …
Women still face a threat to their safety at remote mine sites across the globe. It’s a challenge the industry is grappling with after BHP Group, the world’s biggest miner, lifted the lid on a male-dominated culture in which sexual …
A contractor that recently took over management of the University of Iowa utility system has been cited for safety violations after a worker fell into an underground steam tunnel and was injured, newly released records show. The Iowa Occupational Safety …
Local prosecutors have reached a $2 million settlement with a New Orleans man who spent 23 years in prison before being cleared on charges including rape and manslaughter. “I welcome this measure of justice after so many years,” Robert Jones, …
