Two excess insurers may be liable for the more than $20 million that ExxonMobil Corp. paid to settle lawsuits filed by a contractor’s employees who were badly burned while working at an Exxon refinery, the Texas Supreme Court ruled. The …
RICHMOND, Ind. (AP) – Authorities in eastern Indiana lifted a dayslong evacuation order late Sunday afternoon for an area near a plastics fire after they said it was determined air quality and other environmental concerns related to the fire were …
MINNEAPOLIS (AP) – Minnesota announced a settlement Monday in its lawsuit against Juul Labs and tobacco giant Altria – the first of thousands of cases against the e-cigarette maker to reach trial – just ahead of closing arguments. The terms …
CHICO, Texas (AP) – A train collision and subsequent derailment injured two rail employees in Texas, according to a company official. A Union Pacific freight train collided with an unoccupied train that was parked on a siding around 7 p.m. …
Everest Names Mulray President of North America Insurance Everest Re Group Ltd., the Bermuda-based property/casualty, and specialty re/insurer, announced the appointment of Mike Mulray as executive vice president and president of North America Insurance, effective immediately. Mulray most recently served …
Atlanta-based NCR Corp., one of the largest makers of payment systems, self-checkout technology and ATMs, said it had been targeted this week by a ransomware attack, affecting some customer restaurants. An NCR data center was disabled by the attack, which …
American consumers may be waiting longer than expected for Royal Philips NV to replace sleep apnea devices that were recalled, the US drugs regulator has warned. The number of replacement and remediated devices sent to consumers in the US is …
Billionaire Elon Musk said on Monday he will launch an artificial intelligence (AI) platform that he calls “TruthGPT” to challenge the offerings from Microsoft and Google. He criticized Microsoft-backed OpenAI, the firm behind chatbot sensation ChatGPT, of “training the AI …
Everspan Group said it has partnered with specialty MGA Ledgebrook on a new program offering general liability and supported excess liability to mid-market businesses. Coverage will be distributed through wholesale brokers. Built upon the foundational expertise of underwriters John Mullen …
California Insurance Commissioner Ricardo Lara made two reappointments to the California Workers’ Compensation Insurance Rating Bureau’s governing committee. Diana Rich is the director of risk management for Foundation Building Materials, LLC, and serves as principal for Clark Enterprise Partners. She …
