The United Arab Emirates shut more beaches after an oil spill in the Persian Gulf raised concerns over environmental and health impacts. Sharjah said Al Hamriya Beach has been closed as a precautionary measure to prevent pollution from the oil …
Those lobbying for changes in court rules to require disclosure of third-party litigation funding have a new ally – Sen. Chuck Grassley. Grassley, R-Iowa, the chairman of the U.S. Senate’s Judiciary Committee, submitted a letter to the Advisory Committee on …
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, …