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The MEMIC Group, headquartered in Portland, Maine, promoted Karl Lagasse to vice president of business technology and hired Jason Ennis as director of architecture and innovation. Lagasse oversees the project management, software engineering, and quality assurance teams while spearheading the …

A wildfire on the central coast of California has grown to 84,080 acres, prompting evacuation orders and closing part of a highway. The Madre Fire, the biggest the state has seen this year, started on Wednesday and is burning in …

According to the MarketScout Market Barometer, the composite rate for U.S. personal lines increased in the second quarter to 4.6%. U.S. personal lines rose an average 4.9% during the firth quarter. Dallas-based MarketScout, a division of Novatae Risk Group, said …

A team of scientists from the University of Miami, the Florida Aquarium and Tela Marine in Honduras is working together to transplant crossbred coral fragments onto a reef off Miami’s coastline that was devastated by coral bleaching two years ago. …

MIAMI (AP) — Tropical Storm Chantal was downgraded to a depression Sunday but raised concerns of possible flash flooding as it makes its way through central North Carolina toward south-central Virginia. Chantal made landfall near Litchfield Beach, South Carolina, at …

Insurance broker Marsh USA is suing rival Alliant Insurance Services, this time for allegedly poaching key commercial surety employees and clients. New York-based Marsh is accusing California-based Alliant of inducing key commercial surety employees to breach their non-solicitation and confidentiality …

The number of Maryland auto insurance policies enrolled in a telematics program has been consistently growing, increasing by about 45% from 2021 to 2023. About 55% of the enrolled policies experienced an increase or decrease in premiums, according to results …

Multiple small vessels attacked a ship in the Red Sea near Yemen’s Al Hudaydah port, causing a fire on board and prompting the crew to abandon ship before the Israel army carried out airstrikes on Houthi-controlled ports in Yemen. The …

Before taking office last July, UK Chancellor of the Exchequer Rachel Reeves met business leaders over a series of breakfasts that became known as the smoked salmon and scrambled eggs offensive. British bosses were clamoring for change after 14 years …

Louis Vuitton Korea suffered a cyberattack that compromised some customer data, the second time in recent months that hackers have targeted the world’s largest luxury group. The Korean unit of LVMH’s flagship brand said an “unauthorized third party” accessed its …

Before heading to bed before the Fourth of July holiday, Christopher Flowers checked the weather while staying at a friend’s house along the Guadalupe River. Nothing in the forecast alarmed him. Hours later, he was rushing to safety: He woke …

South Korean authorities ordered on Friday SK Telecom to strengthen data security and imposed a fine after the country’s biggest mobile carrier was hit by a cyberattack that caused the leak of 26.96 million pieces of user data. The measures …

A power outage in large parts of the Czech Republic, including Prague, trapped people in public transport and lifts and idled factories on Friday after a fallen high-voltage cable disrupted the network. The incident is likely to add to concerns …

The Independent Insurance Agents & Brokers of America (Big “I”) last Thursday celebrated the passage of the “One Big Beautiful Bill.” “The Big ‘I’ would like to thank the U.S. Congress and President Trump for their work to bring more …

Lululemon Athletica Inc. is accusing Costco Wholesale Corp. of copying its apparel designs in a lawsuit — and the upscale sportswear company shared images with the court to back up its case. Here’s a look at the specific products that …

Climate change is already having an impact on companies around the world. Over half of the firms surveyed in a recent Morgan Stanley report experienced the climate’s impact on operations within the past year, including increased costs, worker disruption and …

What happens when an employer and its workers’ compensation insurer deny a claim, then face a wrongful-death tort suit, then attempt to have the comp claim reinstated, going so far as to pay weekly wage amounts to the deceased worker’s …

A report submitted to the Washington State Legislature examines the state of the liability insurance market for adult family homes in Washington, finding the market to be largely sustainable—but it does provide suggestions for increasing the appeal of AFHs to …

The Workers’ Compensation Insurance Rating Bureau of California named Eric Sanders senior vice president and chief customer operations officer. Sanders will oversee the WCIRB’s customer experience, marketing and communications, classification and test audit, contact center and human resources functions. Sanders …

The pilot of a skydiving team encountered mechanical issues that prompted an emergency landing at a small New Jersey airport but could not get the plane stopped at the end of the runway, the company said in a statement Thursday. …