A business executive charged in the aftermath of a failed multibillion-dollar project to build two nuclear reactors in South Carolina pleaded not guilty in federal court Tuesday. Jeffrey A. Benjamin was a former senior vice president for Westinghouse Electric Co., …
Andrew Horton, the former CEO of Beazley, officially became QBE’s new group CEO on Sept. 1 – an appointment that was originally announced in March. Also on Sept. 1, QBE Re announced the appointment of SiriusPoint’s Tracey Gibbons as head …
This edition of International People Moves details appointments at Mosaic Insurance with London-based roles, MGA Alta Signa with a role in Germany, and Berkshire Hathaway Specialty Insurance in Spain. A summary of these new hires follows here. Mosaic Hires Executives …
A U.S. judge said on Wednesday he would approve OxyContin maker Purdue Pharma LP’s bankruptcy reorganization plan, clearing a path to resolve thousands of opioid lawsuits and shielding the company’s wealthy Sackler family owners from future opioid litigation. Bankruptcy Judge …
German insurers face claims of about 11.5 billion euros ($13.6 billion) in 2021 after extensive flooding and hail storms, Germany’s insurance lobby GDV said on Thursday. It could be the most expensive year for insurers since the GDV began keeping …
U.S. auto safety regulators on Wednesday said they had identified a 12th crash involving Tesla Inc. vehicles using advanced driver assistance systems in incidents involving emergency vehicles and demanded the automaker answer detailed questions about its Autopilot system. The National …
Singapore Exchange unveiled new rules allowing special purpose acquisition companies (SPACs) to list in the city-state, after easing some measures viewed as too strict by participants, as it seeks to tap a global trend in such listings. SGX’s rules, effective …
Massachusetts’ attorney general on Wednesday gave backers of a proposed ballot measure, which would define drivers for app-based companies like Uber Technologies Inc. and Lyft Inc. as independent contractors rather than employees, the green light to collect the signatures needed …
A Vermont man has been indicted on federal charges that he stole five Tesla vehicles, including one that burned on the ice of Lake Champlain, prosecutors say. Michael A. Gonzalez, 32, of Colchester, appeared in court Friday after being indicted …
A young lifeguard was killed and seven other people, including three other lifeguards, were injured when lightning struck a Jersey Shore beach Monday afternoon, authorities said. New Jersey Governor Phil Murphy confirmed that a lifeguard in Berkeley Township was killed …