A powerful storm sweeping north through the Bering Strait on Saturday caused widespread flooding in several western Alaska coastal communities, knocking out power and sending residents fleeing for higher ground. The force of the water moved some homes off their …
Power is slowly being restored to parts of Puerto Rico Sunday after Atlantic storm Fiona clipped the island as a Category 1 hurricane, knocking out electricity to the entire US territory and causing “catastrophic damage,” Governor Pedro Pierluisi said. Packing …
Mississippi has quietly settled its lawsuit against State Farm Fire and Casualty Co. for allegedly minimizing its Hurricane Katrina payments to policyholders, leaving the state to compensate homeowners. The settlement says the $12 million payment represents “restitution for damage, which …
AGCS Strengthens North American Distribution Team with Strategic New Hire and Reorganization Allianz Global Corporate & Specialty (AGCS) has named John Gambale as regional head of distribution NA, large corporate, effective Oct. 3. He will be based in New York …
The president of the University of Vermont issued a blistering denial Thursday of allegations the university failed to adequately respond to complaints of anti-Jewish behavior on the Burlington campus. In a message to the university community, President Suresh Garimella said …
Howden, the London-based independent insurance broker, announced the acquisition of Swiss broker Born Consulting AG. Founded in 2003 and based in Bern, Switzerland, Born Consulting is an independent insurance broker for national and international intermediaries, large companies and the public …
The Biden administration has called on states and local governments to apply for new cybersecurity grants worth $1 billion over four years. The move is part of US efforts to beat back attacks from criminal hackers, who have successfully targeted …
Teva Pharmaceutical Industries expects to finalize an opioid settlement in the United States by year-end and start paying in 2023, its chief executive said on Sunday, while confirming he was unlikely to renew his contract next year. After years of …
Over 90% of the world’s largest companies will have at least one asset highly exposed to the physical impacts of climate change by the 2050s, data and analysis from index and ratings provider S&P Global showed on Thursday. From heatwaves …
A powerful typhoon barreled through southwest Japan on Monday, unleashing torrential rains and lashing winds that killed at least two people, triggered floods and caused thousands to evacuate to safety. Typhoon Nanmadol is heading on a northeast path along the …
