The UK announced wide-ranging sanctions on Russia, including a first attempt to clamp down on a shadow-fleet of tankers transporting the Kremlin’s oil and a key Moscow-based insurance company.The measures target four oil tankers out of a fleet of hundreds …
RALEIGH, N.C. (AP) — North Carolina’s top environmental regulator could order manufacturers of “forever chemicals” to help pay for water system cleanup upgrades whenever they are found responsible for discharges that contaminate drinking water beyond acceptable levels, under legislation advanced …
Authorities are trying to determine the cause of a fire that damaged or destroyed about 15 boats at a Lake Mead National Recreation Area marina in Nevada. National Park Service officials said the fire began around 12:30 a.m. on Sunday …
Banana giant Chiquita Brands must pay $38.3 million to 16 family members of people killed during Colombia’s long civil war by a violent right-wing paramilitary group funded by the company, a federal jury in Florida decided. The verdict Monday by …
Extreme weather, operational and battery risks — insuring the growing solar industry brings insurance companies, agents and brokers face-to-face with evolving challenges. “We’re seeing burgeoning growth in solar, wind, and battery storage,” said Jason Kaminsky, CEO at kWh Analytics in …
R&Q Insurance Holdings Ltd. warns it is facing growing financial difficulties, which could affect the “company’s stability as a business” and ultimately lead to liquidation. In a June 13 statement, R&Q acknowledges it has been struggling under the weight of …
Artificial intelligence and U.S. election have emerged as significant risks to businesses this year with an overwhelming 80% of owners worried their insurance will not cover a specific loss, a survey by insurance brokerage Gallagher showed on Wednesday. Companies are …
The prosecution’s prized turncoat witness at the bribery trial of U.S. Sen. Bob Menendez was politely combative Tuesday as defense lawyers tried to poke holes in his testimony and portray him as a habitual liar. Jose Uribe spent a third …
A major defense contractor was sued Tuesday over allegations that it discriminated against older workers in job ads. The lawsuit filed in federal court in Boston accuses RTX Corporation of posting ads that target younger workers at the expense of …
Specialist Risk Group, the London-based insurance intermediary, announced that its managing general agent, MX, has agreed to a new capacity agreement with program manager Accredited Insurance (Europe) Ltd. (AIEL). AIEL is supported by a panel of “A” rated reinsurers, said …
