Texas oil companies and regulators have waited years for federal permits that would allow those companies to suck carbon dioxide — the largest contributor to climate change — from the atmosphere and inject it underground. After sweeping environmental reviews and …

CoVerica, headquartered in Dallas, appointed Mark Holland as president and CEO. Holland has over three decades of experience in the insurance and benefits industry. He entered the industry in 1994, focusing on worksite marketing, benefits communication and electronic enrollment. He …

First MainStreet Insurance L.C. has announced addition of four new partner agencies. Borchardt Agency joined the platform on January 1st. Justin Borchardt, a third-generation insurance owner, has partnered with FMSI and TrueNorth to further fuel the impressive growth of his …

This edition of International People Moves details appointments at the broker Marsh and the managing general agency Rokstone. A summary of these new hires follows here. Marsh Names Former AXA XL Exec as UK Chair Marsh, the world’s leading insurance …

Another major California insurer is reporting losses in excess of $1 billion from the Los Angeles area wildfires. The Travelers Companies Inc. announced Tuesday it will lose an estimated $1.7 billion from last month’s wildfires, which swept through the region …

Pen Underwriting, the London-based managing general agent, announced a simplified divisional structure to bring together core commercial underwriting capabilities and expertise across the UK and Ireland. Under the central leadership of Sarah Breslin as managing director of the new Commercial …

Federal cost-cutting initiatives pushed by President Donald Trump have turned their focus to the Federal Emergency Management Agency, where spending on consultants like Deloitte now faces scrutiny. Workers at the agency have been asked to provide by Tuesday evening plain-language …

Insurers paid out a record £585 million (US$724.7 million) for weather-related damage to people’s homes and possessions in 2024 in the United Kingdom, according to the latest data from the Association of British Insurers (ABI). The record claims come following …

A section of a major New Jersey highway has been closed due to a sinkhole for the second time in less than two months. Crews are working to repair a sinkhole on the Eastbound side of Interstate 80 in Wharton. …

The U.S. Federal Reserve is in no rush to cut its short-term interest rate again given an economy that is “strong overall,” with low unemployment and inflation that remains above the Fed’s 2% target, Fed Chair Jerome Powell said in …

Israel’s financial system shows “high resilience” despite the country’s military conflicts and ongoing geopolitical uncertainty that have persisted for more than a year, the Bank of Israel said in a report on Tuesday. The banking sector’s profits have been boosted …

The New York City Council’s transportation committee heard testimony Monday on a proposal to lower the Personal Injury Protection (PIP) insurance coverage requirement for for-hire drivers from $200,000 to $50,000 per person, aligning it with the state’s requirement for all …

Hub International Limited announced that it has acquired the assets of Yavitz Insurance Group. Terms of the transaction were not disclosed. Located in St. Louis, Missouri, Yavitz Insurance is a privately-owned insurance agency providing comprehensive commercial and personal insurance solutions …

Nationwide’s Casey Kempton has a vision to bring positive vibes back to engagements between personal lines insurers and their customers—and it starts with understanding the “mental models” that homeowners and drivers reference to understand insurance. Kempton, who has been president …

The Army was one of 28 government agencies authorized to fly helicopters near Ronald Reagan National Airport before its Black Hawk helicopter collided with an American Airlines passenger jet last week, killing 67. That constant helicopter traffic near such a …

The UK government has ordered Apple Inc. to build a backdoor to give it access to global user data, in a move that could spark one of the biggest privacy fights in the iPhone maker’s history. British authorities in an …

Live poultry markets in New York City raced to sell off all their chickens and other fowl Friday after seven cases of avian flu were detected and state officials ordered markets in the metropolitan area to close for a week. …

WARTBURG, Tenn. (AP) — Two tornadoes moved through eastern Tennessee, leaving a mother and daughter dead and injuring three other people, officials said Friday. A mother and daughter from the same household were killed when the storm passed through the …

US companies are adding their voice to the list of critics targeting ESG regulations in Europe. The American Chamber of Commerce to the European Union, whose members include Ford Motor Co., Exxon Mobil Corp. and Amazon.com Inc., is calling on …

A day after the Trump administration sent a missive to all federal employees inviting them to resign, the U.S. Securities and Exchange Commission’s acting boss, Mark Uyeda, addressed staff in a packed auditorium at its Washington headquarters. In his opening …