CopperPoint Insurance Co., a workers’ compensation and commercial insurance provider based in Phoenix, has completed its acquisition of Boston-based General Indemnity Group (GIG), an insurance holding company specializing in commercial and contract surety. The sale to CopperPoint by Boston Omaha …
Data centers face potential credit rating downgrades due to moratoriums and cancellations driven by public opposition, according to S&P Global Ratings. Delays due to grid capacity constraints, environmental sustainability concerns and zoning shifts “could increase downward pressure on the creditworthiness …
Borr Drilling’s Prospector 5 rig sank late on Saturday off the coast of Mayumba, Gabon, killing one employee and leaving four others missing among the 115 people on board, three sources familiar with the matter said on Sunday. An Indian …
Volkswagen AG plans to build a new $4 billion factory for its premium Audi brand in the southern US state of Georgia, expecting the move will yield potential relief from tariffs that have severely eroded profits. The German manufacturer will …
The European Union will propose new rules obliging member states to put climate resilience plans in place to deal with average global temperatures rising 3C above pre-industrial levels by the end of the century. Europe is the fastest warming continent …
Starr, the New York City-based insurance group, announced the opening of a branch office in Milan, Italy, marking an important milestone in the company’s continued expansion across Europe. The Milan office will provide clients and broker partners with a dedicated …
Parts of South Florida are bracing for unusually high king tide flooding as offshore winds and heavy rain are expected to exacerbate a problem that seems to worsen by the year. The Miami Herald and other news outlets reported that …
Safety company Navigate360 on Oct. 23 acknowledged hackers had broken into one of its systems and copied months’ worth of data, seven months after a widely publicized breach exposed millions of crime tips. In a statement, Navigate360 said names, addresses, …
World Insurance Associates announced that it acquired the business of Zoom Insurance of Irving, Texas on July 1, 2026. Terms of the transaction were not disclosed. Zoom offers insurance solutions to individuals, families, businesses, and specialty organizations. They specialize in …
Under a new federal law, National Weather Service warnings of life-threatening flash floods or other emergencies could be sent to cellphones via satellite if cell service goes down. The law, called the “Mystic Alerts Act,” comes more than a year …