Federal authorities have filed a lawsuit seeking judgment against an Italian shipping line for damage allegedly caused by one of its ships to a jetty along the Chesapeake and Delaware Canal. The lawsuit filed Thursday in federal court in Delaware …
DARAG Group Ltd., the Malta-based legacy acquirer, announced the completion of the acquisitions of both The Underwriter Insurance Co. Ltd., a UK-based insurer in run-off, and of the previously announced sale and purchase agreement with One Re Ltd., a London-based …
More than 260,000 homes and businesses in the southeastern United States were without power early Friday after a powerful storm raked the region. At least five people were killed. North Carolina had the most customers without electricity on Friday, followed …
LMC Insurance & Risk Management, headquartered in West De Moines, Iowa, has joined Florida-based AssuredPartners Inc.’s national broker team. LMC’s operations consist of 290 dedicated employees who will remain under the operational leadership of LMC President and CEO Greg LaMair. …
An environmental nonprofit has released an analysis of first-of-its-kind air monitoring data that shows benzene levels at 10 U.S. petroleum refineries exceeded limits Eight years ago, two environmental nonprofits sued the U.S. Environmental Protection Agency. The agency was a decade …
AM Best has downgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a” from “a+” and affirmed the Financial Strength Rating (FSR) of A (Excellent) of Farmington Hills, Mich.-based Atain Specialty Insurance Co. and Atain Insurance Co., collectively referred to …
Wisconsin Gov. Tony Evers has signed a bill that imposes new restrictions on firefighting foam to curb pollution from PFAS chemicals. The bill prohibits the use of foam containing intentionally added PFAS except in emergency fire situations. Firefighters will have …
The Iowa Senate has passed a bill that provides $20 million for flood relief requested by Gov. Kim Reynolds to help shore up levees in southwest Iowa in anticipation of flooding along the Missouri River this spring. All 48 senators …
A company filed for bankruptcy on Feb. 6 in the wake of a massive explosion at one of its warehouses in Houston that killed two workers, injured 20 more and damaged hundreds of buildings. Watson Grinding and Manufacturing said it …
A federal judge in Tennessee has awarded a $15 million judgment to a 15-year-old boy who suffered a brain injury at a hospital on the Fort Campbell Army post. The parents of the boy filed a medical malpractice lawsuit in …