1 month 2 weeks ago
Three former crew members of a Thai cargo ship struck in the Strait of Hormuz in March filed a lawsuit Friday against the vessel’s operator over labor rights violations and unfair dismissal. The ship, the Mayuree Naree, was hit by …
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1 month 2 weeks ago
Low water levels in a current heatwave are preventing cargo vessels from sailing fully loaded on the Rhine river in Germany, increasing costs for freight transport, commodity traders said on Monday. Shallow water means vessel operators are imposing surcharges on …
1 month 2 weeks ago
A Ryanair Holdings Plc flight was forced to make an emergency landing in Greece on Friday morning after a window on the Boeing Co. 737 dislodged soon after takeoff, causing panic on board after one passenger was reportedly partially sucked …
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1 month 2 weeks ago
Wildfires are breaking out across Europe after three heat waves and weeks of low rainfall left much of the continent dangerously dry, with crews battling blazes south of Paris and in the UK, while Spain reels from one of its …
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1 month 2 weeks ago
China may encounter stronger and more frequent tropical cyclones over the summer months, according to the national climate agency, even after Typhoon Bavi faded over the weekend without causing the widespread flooding that some forecasters had feared. In its latest …
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1 month 2 weeks ago
A handful of ships have passed through the Strait of Hormuz in secret in recent days, even as observable crossings all but ceased after a flare-up in fighting between the US and Iran. All of the six commodity carriers that …
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1 month 2 weeks ago
The New York Times in a court filing on Friday accused the U.S. Equal Employment Opportunity Commission of illegally retaliating against the newspaper for its coverage of President Donald Trump’s administration by suing it for passing over a white man …
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1 month 2 weeks ago
One out of every 50 employees working at a group of 30 large insurers is an AI specialist, according to an analysis published by a benchmarking firm, which ranks Allianz, AXA and Chubb as AI talent leaders. For London-based Evident, …
Susanne Sclafane
1 month 2 weeks ago
Apple Inc. sued OpenAI for trade secret theft, accusing the artificial intelligence startup and its hardware chief of engaging in a coordinated campaign to steal information about upcoming products. The iPhone maker said in a suit Friday that OpenAI encouraged …
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1 month 2 weeks ago
Britain has designated cloud service providers Microsoft, Google, Amazon and Oracle as critical third-party suppliers to its financial sector, bringing them under direct regulatory oversight. The move is aimed at strengthening the resilience of financial firms by reducing the risk …
1 month 2 weeks ago
A few years before the more-recent spate of Florida insurance carrier insolvencies, a workers’ compensation insurer known as Guarantee Insurance Co. was declared insolvent in 2017—a rarity in the usually profitable workers’ comp line of business. Regulators blamed owner Steve …
William Rabb
1 month 2 weeks ago
A California driver was sentenced for filing a fraudulent insurance claim after dashcam footage showed him involved in a road rage incident that caused the accident. Kenneth Pham Tran, 54, of San Jose, was sentenced after dashcam footage showed him …
1 month 2 weeks ago
California Insurance Commissioner Ricardo Lara approved workers’ compensation advisory pure premium rates that average 10.4% than last year. The Workers’ Compensation Insurance Rating Bureau of California submitted a pure premium rate filing in May to the commissioner proposing September 1, …
1 month 2 weeks ago
New York City officials identified dozens of buildings with Legionnaires’ bacteria in Manhattan’s Upper East Side, closing in on the source of an outbreak that has infected at least 46 people and hospitalized 22. The New York City Health Department …
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1 month 2 weeks ago
Trucordia Names Roberts as EVP, Health Benefits & Financial Services Trucordia named Steve Roberts executive vice president, health benefits and fnancial services. Roberts has more than three decades of experience leading growth, modernization and transformation across major healthcare and benefits …
1 month 2 weeks ago
A local council in New Jersey charged with monitoring unfunded mandates from the state exceeded its authority when it negated a motorist surcharge for driving while intoxicated (DWI) that was intended to cover the cost of new police equipment. The …
Andrew G. Simpson
1 month 3 weeks ago
A Texas district court this week issued a temporary injunction against a wind turbine recycling company that has stockpiled thousands of wind turbine blades at two facilities in Sweetwater. The temporary injunction orders Global Fiberglass Solutions to immediately cease accepting …
1 month 3 weeks ago
MGA Fusion Specialty Acquired by Asset Manager Arrow Global Arrow Global Group (Arrow), a UK-based investment manager specializing in private credit and real estate, announced its subsidiary Arrow Global Insurance (AGI) has acquired Fusion Specialty Group, a specialist managing general …
1 month 3 weeks ago
Arthur J. Gallagher & Co. announced that its U.S. wholesale brokerage, binding authority and programs division, Risk Placement Services, Inc. (RPS), has acquired Overland Park, Kansas-based Med James, Inc. Terms of the transaction were not disclosed. Med James is a …
1 month 3 weeks ago
Anyone who has watched an episode of “9-1-1: Nashville” could be forgiven for thinking the city is constantly beset by tornadoes that turn outdoor concerts into scenes of carnage and blow scooter-riding tourists onto the tops of water towers. That …
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