March 5, 2021
Attorney General Jeff Landry has said he’s backing a $100 million settlement between a dozen coastal parishes and mining corporation Freeport McMoRan to end a lawsuit over damage to Louisiana’s coastal wetlands, in what could become a landmark agreement. The …
March 5, 2021
Frustrations are mounting in Mississippi’s largest city, more than two weeks since winter storms and freezing weather ravaged the city’s water system – knocking out water for drinking and making it impossible for many to even flush their toilets. For …
March 5, 2021
This year is shaping up to be drier than normal throughout the Missouri River basin, and the risk of flooding is generally below normal throughout the region because conditions remain dry and snowpack levels are below average. The U.S. Army …
March 5, 2021
Texas’ power grid manager was fired on March 3 amid growing calls for his ouster following February’s deadly blackouts that left millions of people without electricity and heat for days in subfreezing temperatures. Bill Magness, CEO of the Electric Reliability …
March 5, 2021
Britain and the European Union are on course to agree a deal on regulatory cooperation in financial services this month, but the UK’s actions in Northern Ireland makes it harder to build trust, the bloc’s financial services chief said on …
March 5, 2021
Maya Gumennik, a former EverQuote and Tripadvisor executive, has joined digital personal lines insurance broker Policygenius as the company’s head of Marketing. Gumennik will oversee the company’s marketing strategy and manage the marketing team. Gumennik brings nearly a decade of …
March 5, 2021
CNA announced that CNA CyberPrep, a proactive cyber risk services program, has been launched in Canada. Already available to CNA’s customers in the United States, CNA CyberPrep helps cyber policyholders with threat identification, mitigation and response. The CNA CyberPrep program …
March 5, 2021
Specialist Risk Group (SRG), a London-based insurance broker, has agreed to acquire CLS Risk Solutions (CLS RS), subject to regulatory approval. Financial details of the acquisition — its fourth so far this year — were not disclosed. Established in 2010, …
March 5, 2021
America’s infrastructure has scored near-failing grades for its deteriorating roads, public transit and storm water systems due to years of inaction from the federal government, the American Society of Civil Engineers reports. Its overall grade: a mediocre C-. In its …
March 5, 2021
U.S. insurers are strengthening language in policies that cover business losses to protect them from future claims related to the coronavirus pandemic or other widespread illnesses that disrupt operations, industry sources say. New policies and renewals now define terms like …