U.S.-based insurers have invested hundreds of billions of dollars in fossil fuel-related assets which in turn contribute to the risk of climate-related damage to the underwriting side of their businesses, a new report said on Tuesday. A data sample comprising …
The Public Utility Commission has approved a revised settlement totaling nearly $1 million with a gas utility over a 2019 explosion in western Pennsylvania that reduced a home to rubble and injured five people. Canonsburg-based Columbia Gas took responsibility for …
A hydra-headed breach centered on a single American software maker has compromised data at about 600 organizations worldwide, according to cyber analyst tallies corroborated by Reuters. But more than two months after the breach was first disclosed by Massachusetts-based Progress …
Massachusetts State Police must reinstate seven troopers who refused to be vaccinated for COVID-19, an independent arbitrator has ruled. The troopers have been on unpaid leave, but the arbitrator`s decision means they can return to work with retroactive pay if …
A charter bus carrying up to 50 people collided with a vehicle on an interstate in Pennsylvania, killing three people, state police said. The crash happened during heavy rain around 11:50 p.m. Sunday on southbound Interstate 81 in Dauphin County`s …
Saying Gov. Ron DeSantis has followed the autocratic examples of governments in Russia and China, a group of mostly Republican former high-level government officials and business leaders has called the Florida governor`s takeover of Disney World`s governing district “severely damaging …
Arthur J. Gallagher & Co. acquired Costa Mesa, California-based Wigmore Insurance Agency Inc. Tim Wigmore and his team will remain in their current location under the direction of Scott Firestone, head of Gallagher’s Southwest region retail property/casualty brokerage operations. Wigmore …
As it reported a net loss in the second quarter of about $97 million, Kemper Corp. said Monday that it is exiting the preferred home and auto insurance market. Kemper said it will “actively reduce the business immediately,” and non-renew …
Former Georgia Insurance Commissioner Jim Beck’s fraud conviction stands, but he won’t have to pay part of the restitution until after he’s released from prison, a federal appeals court decided Monday. The U.S. 11th Circuit Court of Appeals found no …
A U.S. judge rejected Google’s bid to dismiss a lawsuit claiming it invaded the privacy of millions of people by secretly tracking their internet use. U.S. District Judge Yvonne Gonzalez Rogers on Monday said she could not find that users …