June 24, 2024
Crew members on the cargo ship Dali can head home as soon as Thursday under an agreement that allows lawyers to question them as part of investigations into the cause of the deadly collapse of Baltimore’s Francis Scott Key Bridge. …
June 24, 2024
California’s lofty home prices and scarce inventory already amounted to one of the most nightmarish housing markets in the US. Now, challenges securing and affording home insurance in the wildfire-prone state are making it even worse. Under the pressure of …
June 21, 2024
Human-caused climate change dialed up the thermostat and turbocharged the odds of this month’s killer heat that has been baking the Southwestern United States, Mexico and Central America, a new flash study found. Sizzling daytime temperatures that triggered cases of …
June 21, 2024
K2 International, the specialty re/insurance underwriting platform that is owned by private equity firm Warburg Pincus, announced the launch of a London-based MGA called K2 Rubicon Specialty. The new MGA division was founded by four market veterans from Ascot Group: …
June 21, 2024
The Latin American Association of Insurance Agencies and the Spencer Educational Foundation have announced college risk-management and insurance scholarship winners for 2024. Mendoza Lunatti, an incoming senior at Southeastern University in Lakeland, Florida, majoring in math and finance; and Manuel …
June 21, 2024
A federal judge dismissed a lawsuit by Exxon Mobil Corp. against Arjuna Capital after a lawyer for the activist investor group vowed not to try to resurrect a shareholder policy opposed by the company. The judge in Fort Worth, Texas, …
June 21, 2024
Nationwide automotive hauling and logistics company Wheeler Trucking, doing business as Wheeler Trucking Inc. and Wheeler Logistics, Inc. will pay $65,000 and furnish equitable relief to settle a race and religion lawsuit filed by the Equal Employment Opportunity Commission (EEOC), …
June 21, 2024
US milk production is starting to get hit by the bird flu virus, which first made the jump to cows earlier this year. Output in Texas and Kansas — the first states where highly pathogenic avian influenza was detected in …
June 21, 2024
Recent flooding in south Florida caused insured losses in the hundreds of millions of dollars, from auto and homeowners claims, Aon and AM Best reported. The Florida Office of Insurance Regulation is also reminding insurers to file simplified catastrophe reporting …
June 21, 2024
Hawaii on Thursday agreed to take action to decarbonize its transportation system by 2045 to settle a lawsuit by 13 young people alleging the U.S. state was violating their rights under its constitution with infrastructure that contributes to greenhouse gas …