The world’s biggest developer of offshore wind farms has come up with a unique solution to a potentially expensive problem. Denmark’s Orsted A/S is working on a plan to send divers to the sea floor to place a cover over …
Arthur J. Gallagher & Co., the Rolling Meadows, Ill.-based broker, announced it has acquired the remaining shares of specialist Swiss broker Hesse & Partner AG and Hesse Consulting GmbH from the company’s founder Guido Hesse. Financial details of the transaction …
Legal & General Investment Management will sell holdings in four companies including U.S insurer American International Group Inc. after deeming they’re making insufficient progress on addressing climate change risks. The UK asset manager said in a statement on Tuesday it …
Russian emergency workers fought wildfires burning Sunday on more than 550 square kilometers (212 square miles) of territory mostly in Siberia and the Far East. The state agency responsible for fighting forest fires, Avialesookhrana, said the largest blaze was in …
The constitutional right of North Carolina’s children to have access to a good public school education also applies to individual students who aren’t getting help to stop classroom bullying and harassment against them, the state Supreme Court ruled Friday. The …
The Associated Press’ recent firing of a young reporter for what she said on Twitter has somewhat unexpectedly turned company and industry attention to the flip side of social media engagement — the online abuse that many journalists face routinely. …
With favorable results driven by recent reductions in claims frequency and further recognition of material reserve redundancies, workers’ compensation underwriting performance is expected to remain strong in 2021, according to Fitch Ratings. However, this level of profitability is unsustainable longer …
The co-founder of a Florida financial firm facing investor lawsuits alleging securities fraud has died by suicide, and a spokesperson on Monday denied wrongdoing, saying the death was not connected to a class action lawsuit filed last week. Eric Holtz, …
California state and local officials are encouraging rebuilding in areas destroyed by wildfires at a time when people should be redirected away from those areas if the state wants to reduce the economic and human impact of increasingly destructive wildfires, …
Two Louisiana insurance producers have been issued cease and desist orders, summary suspensions, fines and notices of license revocations, state insurance regulators said. The Louisiana Department of Insurance (LDI) fraud division investigators served insurance agent Leslie Claire Trahan of Opelousas …
