Global power grids are about to face their biggest test in decades with electricity generation strangled in the world’s largest economies. War. Drought. Production shortages. Historically low inventories. And pandemic backlash. Energy markets across the planet have been put through …
Insurance firm Swiss Re and banking giant UBS are among five founding buyers of credits from a scheme set up by a Swiss company to drive down the cost of taking carbon dioxide out of the atmosphere. Even with pledges …
Instead of oscillating between extreme hard and soft markets, the insurance industry needs to promote a more sustainable business model that will help control the insurance cycle, according to an executive at the insurer Markel UK. And perhaps the ongoing …
The British Insurance Brokers’ Association (BIBA) and Allianz have developed a digital guide to support brokers in helping their customers avoid the risks of being underinsured. Underinsurance occurs when you have insufficient insurance cover that leaves you responsible for a …
Abbott Laboratories and the U.S. Food and Drug Administration are on track to reopen Abbott’s baby formula manufacturing plant in Sturgis, Michigan, within one or two weeks, FDA Commissioner Robert Califf said on Thursday. Abbott, the biggest U.S. supplier of …
A jury in Pensacola, Florida federal court on Friday ordered 3M Co. to pay $77.5 million to a U.S. Army veteran who said he suffered hearing damage as a result of using the company’s military-issue earplugs. The verdict for veteran …
A week after a Florida news report pointed out that few people seem to know that post-insolvency autopsies are required by law, the state Department of Financial Services has posted 18 of the reports for property insurers online. The reports, …
CONWAY, N.H. — A forest fire in northern New Hampshire that’s burned 106 acres was nearly contained, officials said Friday. The Bemis Fire in Crawford Notch State Park, the White Mountain National Forest, and on private land began on May …
Yankees Entertainment and Sports Network (YES), the broadcasting company for the New York Yankees, New York Nets and other area sports teams, is suing its insurer, Hartford Fire Insurance Co., for denying its claims for business losses that it maintains …
Federal authorities investigating a fatal crash last month near Phoenix say the helicopter went into a near vertical descent for unclear reasons when it was about to land. The National Transportation Safety Board issued its preliminary report last week in …
