3 weeks 5 days ago
A Massachusetts judge on Monday declined to lift an order that forced turbine supplier GE Vernova to continue work on the largest offshore wind farm in New England or to send its dispute with the $4.5 billion project’s developer, Vineyard …
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3 weeks 5 days ago
Shipping executives meeting in Athens on Monday said that any peace deal worked out between the United States and Iran would need to offer clear rules allowing vessels to resume normal business via the Strait of Hormuz. Shipowners and maritime …
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3 weeks 6 days ago
A judge has temporarily blocked the National Science Foundation from dismantling the National Center for Atmospheric Research, or NCAR, a globally significant weather and climate research center based in Boulder, Colorado. Senior US District Judge R. Brooke Jackson on Monday …
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3 weeks 6 days ago
As climate change makes extreme weather events more intense and frequent, “uninsurable areas” are becoming increasingly common. They are a clear demonstration that insurance – the mechanism through which modern societies deal with all kinds of risk – is structurally …
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3 weeks 6 days ago
A former mergers and acquisitions lawyer with top firms including Latham & Watkins and Goodwin Procter pleaded not guilty to charges that he led a massive insider trading ring that made tens of millions of dollars in illegal profits. Nicolo …
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3 weeks 6 days ago
Warming global temperatures will probably mean more hailstorms with larger and more damaging hailstones, a study published in a prestigious, peer-reviewed journal predicts, echoing troubling trends identified in by other data sources. “Here we show a 36.5%–42.1% increase in global …
3 weeks 6 days ago
Alfa Insurance, one of the largest property insurers in Alabama, named David Bailey senior vice president of claims, effective this week. Bailey, who recently served as regional vice president, takes over from Bryan Hubbard, who retired after 36 years at …
3 weeks 6 days ago
Artificial intelligence hallucinations, also known as “AI slop,” have become such a concern in court filings that the Florida Supreme Court has issued new statewide rules designed to hold attorneys more accountable. The rules, which take effect June 15, will …
William Rabb
3 weeks 6 days ago
Lack of transparency in property protection classifications from a state rating bureau is one of the biggest concerns from people involved with fighting fires in Washington, a new report from the Washington state Office of the Insurance Commissioner shows. The …
3 weeks 6 days ago
Pharmacists Mutual Insurance Group announced the appointment of Felix Gallagher, PharmD, as Chair of its Board of Directors. Gallagher succeeds Sue Sutter, who has served as Board Chair since 2024 and concludes 21 years of service on the Board. Gallagher …
3 weeks 6 days ago
Firefighters responding to reports of a gas leak at a Dallas apartment complex had already arrived and were preparing to evacuate residents when the building exploded in a massive fireball, killing three people and injuring several more, the city’s fire …
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3 weeks 6 days ago
Corpus Christi City Council is set to discuss Tuesday whether to revive a controversial and ambitious endeavor to build a desalination plant to convert seawater into drinkable water — a project the council rejected nine months ago over high costs …
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3 weeks 6 days ago
Admiral Theatre, Inc., an exotic dance club providing adult entertainment services, will pay $200,000 and furnish other relief to settle a lawsuit for sex and race discrimination and retaliation filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal …
3 weeks 6 days ago
The state of New Hampshire is getting tougher with drivers using smartphones or other electronic devices while driving. Gov. Kelly Ayotte has signed into law a measure that hikes the financial penalties and adds license suspension for repeat offenses involving …
Andrew G. Simpson
3 weeks 6 days ago
The European Commission may propose leaving the G7 price cap on Russian crude unchanged at its July review, in an effort to curb Moscow’s windfall from the Iran war and the ensuing oil price shock, EU diplomats said on Monday. …
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3 weeks 6 days ago
Eric Andersen landed a job that most insurance executives would have long considered too good to be true: leading a strong AIG. Thanks to a dramatic turnaround under his predecessor, Peter Zaffino, American International Group Inc. is no longer battling …
3 weeks 6 days ago
Just hours after a wedding in north Georgia, a helicopter carrying the newlyweds crashed in Dawson County late Friday night, killing the pilot and the groom while injuring the bride, news sites reported. The groom, 25-year-old Dave Fiji, of Snellville, …
3 weeks 6 days ago
Navium Marine, the marine-focused specialty MGA operating through The Fidelis Partnership’s (TFP’s) Pine Walk platform, announced it has partnered with the supply chain platform Overhaul, to launch a first-of-its-kind insurance solution built on real-time visibility of AI infrastructure cargo. The …
3 weeks 6 days ago
This edition of International People Moves details appointments at the insurers Beazley and Santam. A summary of these new hires follows here. Beazley Names Wunderlich Head of Alternative Risk Transfer in New Bermuda Office Beazley, the leading specialty insurer, announced …
3 weeks 6 days ago
Just days before the civil trial on claims against the owner and operator of the cargo ship Dali was to begin, Grace Ocean and Synergy Marine settled wrongful death suits with the families of the six construction workers killed when …
Andrew G. Simpson