Three contract workers suffered burns while working on transport operations at the ExxonMobil XOM.N facility in Beaumont, Texas, KDFM and other media reported late on Thursday. The KDFM report cited a statement from ExxonMobil, which said the contract workers were …

American International Group (AIG) made substantial progress in artificial intelligence within the last year, and its outcomes and capabilities are more than previously predicted. The insurer during an Investor Day less than a year ago presented the potential benefits from …

The nation’s largest public utility says it now would prefer to keep operating two coal-fired power plants it had planned to shutter, changing course before a meeting of its board, which has a majority of members picked by the coal-friendly …

MAPFRE Re announced it has obtained regulatory approval from the International Financial Services Centres Authority (IFSCA) of India to open its newest branch office in Gujarat. MAPFRE Re said its relationship with the Indian insurance market dates back over a …

Matthew J. Platkin, who served as New Jersey’s attorney general from 2022 to 2026, has opened a law office along with three other attorneys who served with him in that office. Platkin vows to focus on complex civil and public …

China’s market regulator has ordered infant formula makers to test for cereulide, a toxin that has triggered precautionary recalls worldwide by some of the largest food companies. Producers must strictly enforce controls on raw materials and product releases, the State …

Nestlé SA is ramping up production of infant formula to avert a shortage, after a contamination crisis led the Swiss foodmaker and rival producers Danone SA and Groupe Lactalis to recall hundreds of batches. Five Nestlé factories in France, Spain, …

The U.S. Forest Service’s plan to conduct controlled burning over the next 15 years in Vermont near popular recreation spots Lake Dunmore and Silver Lake has faced public opposition during a comment period that ends this week. The project, called …

More than 1,000 properties flooded in London in 2021, resulting in insurance losses of more than £281 million. Record-breaking floods continue to hit the UK. In the capital, 13% of properties have been classed as having a high or medium …

Dutch telecommunications group Odido said it was hit with a cyberattack that compromised customer data, though services have remained operational. The mobile network, owned by buyout firms Apax Partners and Warburg Pincus, said Thursday in a statement that it contained …

Girnar Insurance Brokers Pvt., which operates insurance tech startup InsuranceDekho, is weighing an initial public offering in Mumbai that could raise as much as $250 million, according to people familiar with the matter. The Gurugram-based insurance aggregator has held recent …

Applied Systems has been awarded a preliminary injunction against competitor Comulate, who Applied has accused of making a fake insurance agency to access its software platform and steal trade secrets. The competitors in the insurance technology market have traded litigation, …

US President Donald Trump is shrinking the Environmental Protection Agency more quickly and aggressively than ever before, culminating in this week’s move to rescind the crucial “endangerment finding” underpinning key regulations of planet-warming pollution. And unlike Trump’s first term, the …

Palo Alto Networks opted not to tie China to a global cyberespionage campaign the firm exposed last week over concerns that the cybersecurity company or its clients could face retaliation from Beijing, according to two people familiar with the matter. …

Aon announced the appointment of Joe Peiser as CEO of Risk Capital. Peiser first joined Aon in 2021 as commercial risk leader for North America before being appointed to Global CEO of Commercial Risk in 2023. In his new Risk …

With tile roofs popular across Florida, and with questionable claims about roof damage raising concerns in insurance and engineering circles, two Florida consulting engineers have offered this guide to aid engineers, attorneys, adjusters and property owners in examining wind damage …

Legislation to make wildfire risk scores more transparent passed out of the Washington state Senate on nearly unanimously. Senate Bill 5928, which passed 48-1, is being pushed by Insurance Commissioner Patty Kuderer. The bill is sponsored by Sen. Judy Warnick …

IICF Northeast Announces Gavlick of Jencap Group as Board Chair The Insurance Industry Charitable Foundation (IICF), a nonprofit organization dedicated to helping communities through grants and volunteer service, named Sarah Gavlick, executive vice president, Carrier Relations and Client Distribution at …

More than two dozen privacy and advocacy organizations are calling on California Gov. Gavin Newsom to remove a network of covert license plate readers deployed across Southern California that the groups believe feed data into a controversial U.S. Border Patrol …

Six former players on the women’s basketball team at the University of Pittsburgh have sued coach Tory Verdi and the school over what they call abusive coaching methods and say their efforts to seek help were ignored. “These players aren’t …