India on Monday further opened up its insurance sector to foreigners, as the nation seeks to spur investments to give a fillip to an economy battered by the pandemic. Lawmakers approved a legislation increasing the limit on foreign direct investment …
Top quartile Lloyd’s Syndicate 1225, managed by AEGIS Managing Agency Ltd. (AEGIS London), is moving to a new office to accommodate its growing number of employees. The office, which will open fully once COVID restrictions are eased, is located on …
A group of investors led by Bernhard Capital Partners Management LP (Bernhard Capital), a services and infrastructure-focused private equity management firm, has entered into an agreement to make a significant investment in Metairie, Louisiana-based The Gray Casualty & Surety Co. …
TOKYO – Toyota, Nissan, Honda and other Japanese carmakers scrambled on Monday to assess the impact on their production of a fire at a Renesas Electronics chip plant that could aggravate a global semiconductor shortage. Renesas has said it will …
Pollution regulators said that contamination from toxic man-made “forever chemicals” has been detected in groundwater at nearly 60 closed landfills in Minnesota, with amounts exceeding levels for safe drinking water. The pharmaceuticals, microplastics and synthetic chemicals are known collectively as …
Wisconsin authorities are warning residents about weather conditions after more than 30 wildfires were reported throughout the state on March 20. Much of the state is under a burn ban due to forecasts of low relative humidity, gusty south winds …
LONDON – A new algorithm-based study by a group of UK universities has predicted that 63 countries – roughly half the number rated by the likes of S&P Global, Moody’s and Fitch – could see their credit ratings cut because …
At least 10 tornadoes struck Alabama and Mississippi this week during a severe weather outbreak that could have been worse if temperatures hadn’t remained relatively low, forecasters said. Teams from the National Weather Service in Mississippi found evidence of five …
The U.S. Supreme Court on Monday turned away Facebook Inc.’s bid to pare back a $15 billion class action lawsuit accusing the company of illegally tracking the activities of internet users even when they are logged out of the social …
Pinnacol Assurance in Colorado is distributing general dividend checks to its customers totaling $50 million This is the sixth straight year the workers’ compensation carrier has distributed dividends. Nearly 53,000 employers in all counties throughout the state, or roughly 95% …