Police say one employee has been injured after a gas tank explosion caused a massive fire at a Pennsylvania salvage yard. York Area Regional Police Detective Don Hopple Jr. says an employee was using a grinder to remove the tank …
Several Massachusetts businesses had to be evacuated after a drum inside a truck leaked sulfuric acid. Police responded to the report of a chemical spill in Billerica, Mass., Thursday afternoon. Officers found a tractor-trailer carrying eight barrels of the chemical, …
Morse Insurance Agency Inc. has acquired Quaglia Insurance in Attleboro, Mass. “While clients may experience a few small differences in process and procedures, our ultimate goal is to make the transition seamless because, here at Morse, clients are our number …
Reinsurance specialist Guy Carpenter & Co. has appointed Tom Hettinger to lead its capital, structured risk, growth and rating agency advisory capabilities in the United States and Canada. Most recently, Hettinger was responsible for underwriting and developing capital management and …
Portugal is expediting a law that will introduce mandatory registration and insurance for drones weighing more than 250 grams (8.8 ounces). The measure follows eight near-misses between drones and commercial aircraft at Portuguese airports in June. Airlines have warned of …
There’s a chance Britain won’t leave the European Union, former Prime Minister Tony Blair said Saturday, arguing that stopping Brexit is “necessary” to avoid severe economic damage. In an article published by Blair’s Institute for Global Change, he wrote that …
Italian durum wheat and dairy farmer Attilio Tocchi saw warning signs during the winter of the dramatic drought to come at his holding a mile away from the Tuscan coast. “When it still hadn’t rained at the beginning of spring …
XL Catlin announced the appointment of Ashish Umre as Accelerate partner, Artificial Intelligence (AI), based in London. Accelerate is XL Catlin’s internal disruption and innovation team, which was established in November 2016 to leverage commercial opportunities arising from new technologies …
China’s central bank will take on a bigger role in macro-prudential management and in averting systemic risk in the financial system, President Xi Jinping said at a once-in-five-years government work conference that ended on Saturday. Financial security is a vital …
A major, global cyber attack could trigger an average of $53 billion of economic losses, a figure on par with a catastrophic natural disaster such as U.S. Superstorm Sandy in 2012, Lloyd’s of London said in a report on Monday. …
