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Ship Carrying Chemicals Sinks Near Sri Lanka Capital, Prompting Pollution Fears

COLOMBO, Sri Lanka – A container ship carrying chemicals sank off Sri Lanka’s capital on Thursday nearly a month after catching fire, raising concerns about a possible environmental disaster. The ship’s operator said the wreck of the Singapore-flagged X-Press Pearl …

Scale Underwriting Introduces Social Media Influencer Liability

Scale Underwriting, a Founder Shield company that provides tailored insurance products for high-growth companies, has launched Scale Social, a media liability insurance policy for social media influencers and their agencies. Scale Social provides US-based influencers and agencies, particularly those with …

South Dakota Records Second Earthquake This Month

Another earthquake has been recorded in South Dakota, the fifth since December. According to the United States Geological Survey, a 2.6 magnitude quake was recorded about 6:30 a.m. Wednesday with the epicenter about 60 miles east of Rapid City. It’s …

People Moves: Carpenter’s Schwebach to Aon’s Reinsurance Solutions; Mellor to Credit and Political Risks Team at Miller

This wrap-up of international People Moves details two recent appointments at Aon’s Reinsurance Solutions and insurance broker Miller, in Minneapolis and London, respectively. A summary of these new hires follows here. Insurance broker Aon plc announced that Eric Schwebach has …

People Moves: W.R. Berkley Promotes Middleton; PMA Promotes Hopper

Middleton Appointed President of Berkley Mid-Atlantic Group W. R. Berkley Corporation has appointed Michelle D. Middleton as president of Berkley Mid-Atlantic Group (BMAG). She succeeds John F. Kearns, who has been named chairman of the operating unit and will remain …

AM Best Upgrades Credit Ratings of Southern Mutual Church Insurance

AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” (Excellent) from “a-” (Excellent) of Southern Mutual Church Insurance Co. in Columbia, South Carolina. The ratings firm also …

Aon-WTW Merger Would Help Boost Industry’s Innovation. Aon CEO Makes the Case.

The enhanced ability to innovate is a principal motivator for Aon’s proposed acquisition of Aon and Willis Towers Watson. It’s a message that Aon CEO Greg Case has been emphasizing since the $30 billion deal was announced in March 2020. …

FEMA Extends Aid Deadline in 31 Kentucky Counties Hit by Flooding

Federal emergency officials have extended a deadline for Kentuckians to register for assistance due to damage from severe flooding, Gov. Andy Beshear said. The deadline to apply for help from the Individual Assistance program is now July 8, he said. …

New Mexico Public Defender Agency Settles Gender Pay-Gap Suit

Several female attorneys and investigators at the state Law Offices of the Public Defender are getting raises to resolve a lawsuit that alleged unfair compensation in comparison with better-paid male colleagues. Five employees at the public defender’s offices are receiving …

Waymo in California Getting $2.5B to Fuel Self-Driving Ambitions

Waymo, the self-driving car pioneer spun off from Google, isn’t allowing a recent wave of executive departures to detour its plans to expand its robotic taxi service. The Mountain View, California, company made that clear Wednesday by announcing it has …

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