Uber raised the minimum age requirement for most of its new drivers in California to 25 on Thursday under rules the company said are necessary because of the rising costs of commercial auto insurance in the state. The new rule …
A former Swiss Re underwriter has been awarded nearly 1.3 million pounds ($1.6 million) by a London employment tribunal for sexual discrimination and unfair dismissal. Julia Sommer joined Zurich-based Swiss Re in 2017 as a political risk underwriter in London …
An atmospheric river event that led to significant flooding in parts of Nova Scotia on July 23, 2023, is estimated to have caused over C$170 million (US$125.5 million) in insured damage, according to initial estimates from Catastrophe Indices and Quantification …
Dollar Tree Inc. and subsidiary Family Dollar have entered an agreement with the Occupational Safety and Health Administration (OSHA) to make operational changes within two years. The Department of Labor’s OSHA said it has cited the stores throughout the U.S. …
Viasat Inc. has more than $1 billion of orbiting satellites in trouble, and space insurers are girding for market-rattling claims. The company’s roughly $1 billion ViaSat-3 Americas satellite, central to expanding its fixed-broadband coverage and fending off rivals including Elon …
When countries adopt a global fund for climate disaster losses and damages at this year’s U.N. climate conference, the U.S. will be arguing to efficiently limit its use, said U.S. officials giving a first glimpse of how Washington is seeking …
In the first moments of the Maui fires, when high winds brought down power poles, slapping electrified wires to the dry grass below, there was a reason the flames erupted all at once in long, neat rows — those wires …
3M Co MMM.N has agreed to pay more than $6.5 million to resolve U.S. charges of Foreign Corrupt Practices Act violations (FCPA) related to a 3M subsidiary in China, the Securities and Exchange Commission said on Friday. The SEC alleged …
Tropical Storm Idalia is set to strengthen as it heads north through the Gulf of Mexico, threatening to strike Florida’s west coast Wednesday as a tree-snapping major hurricane. Idalia’s winds held at 65 miles (105 kilometers) per hour and are …
Shareholders of Hawaiian Electric HE.N on Thursday filed a lawsuit against the utility provider in a San Francisco federal court, alleging the company’s failure to disclose important information about its wildfire prevention and safety protocols. Hawaiian’s protocols and procedures were …