A February blaze inside ExxonMobil’s refinery in Louisiana’s capital city was caused by air getting into a line containing hydrocarbon material and igniting, the company said, releasing the results of an internal investigation. ExxonMobil said it will ensure the valves …
New Jersey was the first state to propose a bill that would mandate insurers cover COVID-19-related losses under their business interruption policies, and the insurance industry was quick to express its concern. But that hasn’t stopped some states from rolling …
Montana is asking a judge to force a group of tobacco companies to make more than $43 million in payments to the state that they have disputed over the past 15 years, Attorney General Tim Fox said this week. The …
MAPFRE Insurance has announced its Staying Home Refund program, which will return 15 percent of April and May premium to its voluntary personal auto policyholders in Massachusetts, totaling more than $30 million. On average, most policyholders will receive a credit …
Safety Insurance has announced a premium reduction plan and several other steps to meet policyholder and community needs during the ongoing COVID-19 pandemic. The Safety Personal Auto Relief Credit offers eligible Safety Insurance personal auto policyholders that have a policy …
A vandal used a backhoe to damage numerous items at a southern New Jersey construction site, including the backhoe. Bridgeton police responded to the site around 8:30 p.m. Saturday after someone called 911, authorities said. They were told a man …
Most insurance policies bought by smaller UK companies do not cover disruption caused by the coronavirus pandemic, but those that do should make interim pay-outs quickly, a watchdog said on Wednesday, as insurers come under fire for being slow to …
The U.S. agency that enforces workplace safety laws has said it will prioritize work site inspections of healthcare facilities over other “essential” businesses that remain open during the coronavirus outbreak. The Occupational Safety and Health Administration (OSHA) said in guidance …
The owners of AmGeneral Insurance Bhd., Malaysia’s second-biggest auto insurer, have restarted a sale process and are seeking as much as $1 billion for the company, people with knowledge of the matter said. Kuala Lumpur-listed AMMB Holdings Bhd. and Insurance …
Willis Towers Watson announced the appointment of Matt Scott as a senior director in its Climate and Resilience Hub. Scott played an integral role in the Bank of England’s climate team under Governor Mark Carney from 2014 and led delivery …
