The Federal Aviation Administration said Tuesday it would require Boeing Co. and other aircraft manufacturers to adopt new safety-management tools following two fatal Boeing 737 MAX crashes that killed 346 people. The plan to begin the regulatory process to mandate …
After an investigation by the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA), the owner of a Somerset County, N.J., construction company has pleaded guilty to one count of felony perjury brought by the U.S. Attorney for the …
San Francisco, Calif.-based Coalition, a cyber insurance and security company, announced it has raised $90 million in equity capital to support its growth and global expansion. Valor Equity Partners led the funding with participation from Felicis Ventures, Greyhound Capital, and …
_ Pacific Gas & Electric’s plan for getting out of bankruptcy has won overwhelming support from the victims of deadly Northern California wildfires ignited by the utility’s fraying electrical grid, despite concerns that they will be shortchanged by a $13.5 …
Capital Returns Management LLC, the fifth largest shareholder of Watford Holdings Ltd., is urging the re/insurer to sell itself or be put into runoff. In a letter to Watford’s board of directors, the activist shareholder and specialist insurance investor complained …
NFP, an insurance broker and consultant that provides property and casualty, corporate benefits, retirement and individual solutions, has acquired LFG Inc. (DBA Team Scotti). The transaction closed effective December 1, 2019. Team Scotti, based in Pittsburgh, Penn., and founded in …
Specialty Insurer QBE North America announced the appointment of Becket McNab as chief human resources officer. McNab will be responsible for all North America human resources activities, including driving the company’s focus on talent and culture. McNab joins QBE from …
Chubb has appointed Michelle McLaughlin to be chief underwriting officer of its North America retail commercial property/casualty insurance division. In this capacity, McLaughlin will guide the business lines’ underwriting strategies and authority, as well as general underwriting management, for a …
The Las Vegas gaming industry will offer COVID-19 tests to employees before they return to work, the Culinary Union announced Tuesday, moving the hard-hit sector a step closer to reopening. MGM Resorts International, Caesars Entertainment Corp. and Boyd Gaming Corp …
U.S. carriers JetBlue Airways Corp. and United Airlines Holdings Inc. announced fresh safety measures on Wednesday aimed at restoring confidence in travel as several executives pointed to signs domestic demand is improving. U.S. states are starting to reopen following stay-at-home …