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W. R. Berkley Corp. Agrees to Sell London Building Known as ‘The Scalpel’ for £718M

W. R. Berkley Corp. announced it has agreed to sell a London real estate investment consisting of an office building at 52 Lime Street (also known as “The Scalpel”) for £718 million ($964.1 million), subject to agreed upon adjustments. The …

Global Firms Shut Ukraine Operations, as They Weigh Impact of Sanctions on Russia

Brewer Carlsberg, Japan Tobacco and a Coca-Cola bottler were among firms shutting factories in Ukraine on Thursday following Russia’s invasion, while UPS and FedEx Corp. suspended services in and out of the country. Ukraine closed its airspace as Russian forces …

Global Aviation Industry Assesses Growing Risks of Doing Business With Russia

The fallout to the global aviation industry from Russia’s invasion of Ukraine is spreading beyond the airspace closings over the conflict zone as airlines, lessors and manufacturers face up to growing risks of doing business with Russia. Alaska’s Anchorage Airport, …

Crews Continue Cleanup of Diesel Spill in Southern Indiana

Cleanup work is continuing along a southern Indiana stream, nearly two weeks after a diesel spill that originated at a gas station left the waterway with an oily sheen. The spill produced about 6.5 miles (10.5 kilometers) of petroleum sheening …

Flash Floods Threaten 126,000 Commercial Buildings in London, and Risk Will Worsen

More than 126,000 commercial buildings in London are at risk from flash flooding. Climate change will heighten that threat. Those are the findings of a new study by Zurich Insurance Group, which mapped every commercial and mixed use property in …

Judge: Depositions Can Begin Against Houston Texans Quarterback Facing Assault Suits

A judge has declined efforts by attorneys for Houston Texans quarterback Deshaun Watson to delay all his depositions in connection with lawsuits filed by 22 women who have accused him of sexual assault and harassment. During a court hearing on …

Man Accidentally Sets Self, Bus on Fire, Causing $1,500 in Damage

Authorities in southeastern Nebraska say a man trying to smoke drugs in a bus bathroom accidentally set himself and the bus on fire. The incident happened around 4 a.m. Feb. 19 aboard a Burlington Trailways bus on Interstate 80 in …

Texas Supreme Court Affirms Governmental Immunity in Pair of Decisions

The Texas Supreme Court recently delivered rulings on a pair of cases challenging the City of San Antonio’s governmental immunity, and in both instances the court affirmed that the Texas Torts Claim Act protects a city from liability in matters …

People Moves: Ramlo to Retire as CEO of United Fire Group in Oct. 2022; J.M. Wilson Adds Heilman

Randy Ramlo to Retire as CEO of United Fire Group in October 2022 United Fire Group, Inc. president and chief executive officer Randy Ramlo announced he will retire from the company in 2022. A long-term UFG employee, Mr. Ramlo has …

People: Boler Joins Villages Insurance

The Villages Insurance Partners in Florida has named Nathan Boler a personal lines risk consultant. Boler, who began with an Allstate agency in Florida in 2017, then was with State Farm, is now at the Villages Spanish Springs office, the …

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