Intercontinental Terminals Company LLC (ITC) has agreed to pay over $6.6 million to federal and state natural resource trustees to resolve claims for natural resource damages resulting from a 2019 fire at ITC’s Deer Park terminal facility near Houston that …

The U.S. Chemical Safety and Hazard Investigation Board (CSB) announced that the agency has launched investigations into toxic chemical releases at two facilities in Louisiana during 2023: the release of hydrogen fluoride (HF) and chlorine at the Honeywell Performance Materials …

The U.S. Chemical Safety and Hazard Investigation Board (CSB) announced that the agency has launched investigations into toxic chemical releases at two facilities in Louisiana during 2023. The agency is investing the release of hydrogen fluoride (HF) and chlorine at …

ANN ARBOR, Mich. (AP) — A driver died when a tire came off another vehicle and flew through the air and into the windshield and roof of his car, Michigan State Police said. A Dodge Journey SUV being driven by …

Alera Group, headquartered in Deerfield, Illinois, appointed Kyle Samuel as executive vice president of national operations. Samuel will partner with the national practice leaders and regional managing directors to create alignment and strategic focus for Alera Group’s operational model. Samuel …

A 4.8 magnitude earthquake shook the New Jersey-New York area this morning at about 10:23 am, according to the United States Geological Survey. The earthquake’s epicenter was near Whitehouse Station, New Jersey. People reported feeling the shaking in Manhattan, Philadelphia …

The 7.2 magnitude earthquake that struck Taiwan’s east coast on April 3 caused substantial damage, particularly in Hualien with collapsed buildings and infrastructure disruptions. However, insurers are expected to weather the financial impact well, according to GlobalData, the London-based data …

Higginbotham, the large U.S. insurance brokerage, has added another arrow to its quiver with the acquisition of Thompson & Smith Insurance, an independent agency in Jackson, Tennessee. T&S, offering commercial and personal lines, was founded in 1998 with the merger …

In another setback for electric car demand in China, where uptake has slowed in recent months, some drivers are now finding themselves paying more for insurance — and are taking to social media to complain. In one report last week, …

A violent storm that hit the Northeast the past two days has taken the lives of at least four people, three of whom were killed when uprooted trees crashed into their vehicles. Heavy rains and snow along with winds as …

The Florida Office of Insurance Regulation is reminding carriers that additional data is due April 17 on Hurricane Ian claims. All property insurers are required by law to submit the enhanced catastrophe reports, including additional claims and other data gathered …

Arch Insurance North America, part of Bermuda’s Arch Capital Group Ltd., announced it has entered into an agreement to acquire Allianz Global Corporate & Specialty’s US MidCorp and Entertainment businesses for a cash consideration of $450 million. The transaction includes …

MADISON, Wis. (AP) — A worker burned in a 2022 explosion during renovation work on the University of Wisconsin’s Camp Randall Stadium has settled his lawsuit against the project’s general contractor for $22 million, his attorney says. The settlement in …

Almost one year ago, on May 31, 2023, Florida Gov. Ron DeSantis signed sweeping insurance reform legislation into law. At that time, the Florida insurance market was on life support. Homeowners’ insurance companies, stung by massive losses, were leaving the …

A construction worker was killed and three other people were injured when a crane section fell onto a bridge in Fort Lauderdale, Florida, heavily damaging cars that were crossing the bridge Thursday. The Miami Herald and other news sites reported …

The U.S. Army Corps of Engineers said Thursday it expects to open a new channel to the Port of Baltimore by the end of April, freeing up commercial shipping blocked by a collapsed bridge, and then restore port access to …

Subsidized insurance would attract investors to help rebuild Ukraine’s war-battered economy, according to the European Bank for Reconstruction and Development. “Reconstruction could start very quickly,” EBRD Chief Economist Beata Javorcik told Bloomberg Television on Friday. “I was in Berlin a …

Women’s representation in senior level positions at US companies faces an “alarming turning point,” with steady growth showing signs of fatigue for the first time in two decades, according to a new report. Women accounted for 11.8% of the approximately …

Donald Trump must prove within 10 days that the company providing his $175 million appeal bond in New York’s civil fraud case is financially capable of paying up if his legal challenges fail, the state told a judge. New York …

For the first time, a fixed-income sector — private credit — topped the list of favored assets in Goldman Sachs Asset Management’s annual survey of global insurance companies. Of the 359 executives polled, 53% ranked private credit among the top …