Insurance News

Shell Plc’s former head of oil trading in the US was stiffed on his 2020 bonus by more than $29 million, he claims in a lawsuit that shines a light

Frank Schools Circadian Risk, headquartered in Ann Arbor, Michigan, named Frank Schools as chief financial officer (CFO). Schools will oversee the company’s financi...  » Read More

The cost of insurance for ships sailing in the Persian Gulf jumped as attacks between Iran and Israel raised risks for vessels in the area. Underwriters are now charging 0.2%

Climate change has tripled the frequency of atmospheric wave events linked to extreme summer weather in the last 75 years and that may explain why long-range computer forecasts keep underestimating

The US Department of Agriculture announced a plan to open an $8.5 million facility in South Texas to combat the spread of the New World screwworm, a flesh-eating bug that

The U.S. Environmental Protection Agency announced a settlement with manufacturer Eakas Corp. for alleged Clean Air Act emissions violations at the company’s facility in Peru, Il...  » Read More

The Oklahoma Insurance Department said that it has expanded its second pilot launch of OKReady, a program that allocates up to $10,000 in grant funds to residents to strengthen homes

In the wake of the Trump administration’s announced plans to cut back on federal disaster spending, South Padre Island officials are concerned their beaches will be left vulnerable should a

Spain’s most-detailed account yet of the missteps leading to April’s nationwide blackout failed to fully explain why the power grid was so unstable in the first place. Over 182 pages,

Brookfield Corp.’s insurance unit has pulled back from investments in private credit as surging demand from rival bidders pushes yields down. Brookfield Wealth Solutions started to reduce its allocation to