China’s biggest battery manufacturer has urged a focus on safety issues after an explosion at a recycling affiliate, which has drawn attention to the risks in the industry’s supply chain. The blast at a Hunan Brunp Recycling Technology Co. factory …
Another year of record-high heat punctuated a decade-long increase in global temperatures that has placed the Earth’s economies dangerously close to climate tipping points. Those are the conclusions published Friday by European Union scientists. Despite pandemic-induced lockdowns of the global …
Auto insurance rates are falling across the country an average 1.7 percent, with drivers in Michigan, Ohio, Kentucky, Arkansas and Louisiana seeing the biggest drops of more than 4 percent. This is the first time rate have fallen across the …
Signal Administration, a Wilton, Conn.-based provider of Longshore and Harbor Workers’ Compensation Act benefits, has appointed Carole V. Kirk to the position of chief financial officer. Kirk, an experienced finance executive serving with special global property/casualty insurance and reinsurance companies, …
Angela L. Navarro was sworn in January 5, 2021, as the 37th commissioner of the Virginia State Corporation Commission (SCC). Navarro was appointed by Governor Ralph S. Northam to complete the unexpired term of Mark C. Christie, who became a …
Britain’s tax authority has slapped a record 23.8 million pound ($32.4 million) fine on MT Global Ltd, a private money services business, for significant breaches of anti money laundering regulations. Her Majesty’s Revenue and Customs (HMRC) said on Thursday it …
BevCap Management, LLC (BevCap), an alternative risk program manager with captives domiciled both on and offshore, has formed HatterasRe, LTD, an onshore domiciled captive insurer for BevCap Health’s proprietary Medical Stop Loss program. The new captive will be domiciled in …
European companies are expected to hunt for assets in China, mainly in insurance, healthcare and automobile sectors, after the world’s second-largest economy and the European Union agreed to an investment deal last month, lawyers and bankers say. The agreement, which …
A federal appeals court has upheld the dismissal of a lawsuit against the city of Wilmington and several former city officials stemming from an arson that left three city firefighters dead and three others injured. A three-judge panel on Wednesday …
Long Beach, Calif., this week took a step in a plan to reduce local greenhouse gas emissions. The city council on Tuesday heard an update report on a plan to lessen the expected impacts of climate change, meet state-mandated greenhouse …