A Port Authority bus driver has been placed on probation for three years after pleading guilty to involuntary manslaughter in the death of a University of Pittsburgh student struck by the bus she was driving a year ago. Shavonne James, …
Louisianans who suffered damage from Hurricane Zeta in Jefferson, Lafourche, Orleans, Plaquemines, St. Bernard and Terrebonne parishes should register for federal disaster assistance as soon as possible, FEMA says. The deadline to register for damage and losses suffered from Hurricane …
Insurers, policyholders and industry observers have issued comments on the UK Supreme Court’s ruling that insurers should pay small businesses for many business interruption claims from the COVID-19 lockdowns. The UK Supreme Court dismissed appeals by six insurers – Hiscox, …
Global insurance broker Hub International Limited (Hub) has acquired the assets of Commercial Insurance Brokers Inc. (Commercial Insurance Brokers), based in El Paso, Texas. Terms of the transaction were not disclosed. Commercial Insurance Brokers is a locally owned, independent insurance …
The Texas state agency for regulating the oil and gas industry says it issued the number of original drilling permits issued in December 2020 was down nearly by half compared with December 2019. However, the Railroad Commission of Texas also …
A railroad bridge in Louisiana is back in place after reportedly being hit early on Jan. 13 by a tugboat, officials said. The swing bridge over the Rigolets near Slidell was reportedly hit by the tug Robert Cenac about 1 …
AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” to Summit Specialty Insurance Co. (SSIC), based in Omaha, Neb. The outlook assigned to these ratings is stable. SSIC is a …
Convex Group Ltd. has secured $500 million in committed preferred equity capital from affiliates of Sixth Street, a leading global investment firm. The investment follows Convex’s recent $1 billion capital raise from a consortium led by Onex and GIC, in …
Two West Virginia school bus drivers who were suspended for attending a rally for President Donald Trump in the nation’s capital have been cleared of wrongdoing following hearings, an attorney said Wednesday. Attorney John Bryan, who is representing the employees …
HONG KONG/BRUSSELS – The environmental transformation happening in the Arctic is key to understanding the potential global impacts of climate change, an Alaska Native leader and a polar explorer told the Reuters Next conference on Monday [Jan. 11]. With climate …