Mike Bundra, auto technical claim director at Allstate Insurance Company, has been named to the Plasnomic Plastic Repair Alliance Council. Bundra joins a group of executives from some of the industry’s largest organizations, working to unify best practices for automotive …
An exchange-traded fund tied to bets on natural disasters has started trading in London, after becoming the first such ETF to attract a lead market maker. The KRC Cat Bond UCITS ETF was launched with the goal of drawing more …
Deadly floods prompted South Africa’s iconic Kruger National Park to shut to further visitors, after extreme rainfall killed dozens in the northeast of the country and neighboring Mozambique. The South African Weather Service on Thursday issued its highest weather warning …
Venezuela’s oil industry is running its day-to-day operations via phone calls and handwritten reports in the month since a cyberattack on state-owned oil giant Petróleos de Venezuela SA. A Dec. 15 attack shut down PDVSA’s system, leaving the company to …
Poland fought off a wave of cyber threats from Russia which targeted its energy infrastructure in December, Prime Minister Donald Tusk said. A series of attacks in the last days of the month hit two power plants and renewable energy …
Greensill Bank, a subsidiary of collapsed finance firm Greensill Capital, is suing Britain’s business department for just over 330 million pounds ($441.7 million) after it canceled guarantees for COVID-19 business loans, court documents showed. The administrators of the German-based bank …
The South Carolina Workers’ Compensation Commission this week banned all wireless communication devices, including cellphones, laptop computers, cameras and even smart watches, from the Commission’s courtroom. The bulletin, issued Jan. 12, said the order does not apply to staff, lawyers, …
Lloyd’s, the insurance and reinsurance marketplace, announced that Jim Bichard has been appointed as chief financial officer. He will start in April 2026 and will become a member of Lloyd’s Executive Team, reporting directly to Patrick Tiernan, chief executive, and …
Less than a month after Stonetrust Commercial Insurance announced it had expanded into North Carolina, the workers’ compensation carrier has added South Carolina to its sphere of influence. Based in Baton Rouge, Louisiana, Stonetrust now writes workers’ comp and employers …
U.S. auto safety regulators have granted Tesla a five-week extension to respond to an investigation into whether its vehicles violated traffic laws while the Elon Musk-led company’s Full Self-Driving system was engaged. The National Highway Traffic Safety Administration said on …