Severe convective storms have moved from secondary peril to primary loss driver. Hail, tornadoes, and straight-line wind events now generate insured losses that rival, and in some years exceed, those from hurricanes and earthquakes. Aon’s 2026 Climate and Catastrophe Insight …
Agility Robotics Inc. on Tuesday unveiled a new humanoid that is designed to safely work in close proximity to people, a milestone for an industry that typically separates robots from human workers. The latest humanoid from the Salem, Oregon-based company, …
Glencore Plc accused Radiant World and associated companies of sending falsified invoices to lenders — just as a senior executive at the group of traders said they had filed a $2 billion lawsuit against Glencore. The claims mark the explosive …
California Gov. Gavin Newsom on Tuesday signed legislation establishing standards for investigating, testing and restoring smoke-damaged homes. Newsom signed Assembly Bill 1795, the Smoke Damage Recovery Act. The bill, authored by Assemblyman Mike Gipson and sponsored by California Insurance Commissioner …
Marsh appointed Linda Jones as U.S. healthcare industry practice leader, Marsh Risk, effective today. Based in Washington, D.C., Jones reports to Darren Cromwell, industry practice group leader, Marsh Risk, U.S. and Canada. In this role, Jones will drive healthcare strategy …
Bacteria that cause potentially fatal Legionnaires’ disease were found in a Yankee Stadium cooling tower — one of 10 such towers in the Bronx that tested positive amid several reported cases of the illness including one death, New York City …
Ben & Jerry’s former independent chair Anuradha Mittal was “abusive, discriminatory and unprofessional” and fostered a toxic culture before she stepped down from the board earlier this year, according to a legal filing by Magnum Ice Cream Company. In one …
A late-filed workers’ compensation claim can be considered valid where the lateness is due to the identity of the claimant’s employer being concealed from her. The Virginia Workers’ Compensation Commission (VWCC) has upheld a deputy commissioner’s ruling that found an …
Ford is recalling 223,472 vehicles in the U.S. due to leaky and improperly secured fuel tanks that may detach from the vehicle while driving, the U.S. National Highway Traffic Safety Administration said on Saturday. Related: Ford Recalling 149,000 Vehicles in …
Deutsche Bank AG has settled a court case brought by Dario Schiraldi, a former manager who’d sued the lender for allegedly damaging his career by wrongfully blaming him in the Monte dei Paschi accounting affair. No terms on the settlement …