Delaware High Court Affirms Order for Verisk to Honor AccuLynx Merger Agreement
The Delaware Supreme Court has upheld a Chancery Court ruling ordering Verisk Analytics Inc. to keep working on a $2.35 billion acquisition of roofing software maker AccuLynx. Verisk tried to pull out of the deal last December after the Federal …
Chili’s Workers’ Suit Challenges New York State’s Lower Wage for Tipped Workers
A lawsuit filed on Friday involving the pay practices of Chili’s operator Brinker International is seeking to strike down New York state’s lower minimum wage for workers who earn tips, which it claims fuels the sexual and racial harassment of …
Washington Roofer Fined After Worker Dies in Fall Through Skylight
A Washington contractor was fined $48,803 after a roofer was killed when he fell through a skylight. Leslie & Campbell Inc. of Union Gap was fined $48,803 after a roofer fell more than 25 feet through an unguarded skylight to …
People Moves: Aspire Promotes Product Management Team Leaders Adams and Hughes
Aspire promoted Isaac Adams from vice president of product to senior vice president of product and Kelson Hughes from assistant vice president of product management to vice president of product management. Both have been key contributors to Aspire’s product strategy …
Turkish Insurer Sinks as Top Executives Arrested in Fund Probe
Turkiye Sigorta AS shares extended losses after local media reported that two of its top executives were arrested as part of a sweeping probe into allegations of market manipulation in Turkish funds. Chief Executive Officer Taha Cakmak and his deputy …
India Braces for Cyclone as El Niño Upends Global Storm Seasons
Tropical Cyclone Arnab is expected to hit India’s east coast on Wednesday, marking a break in an otherwise calm season that’s been subdued by a severe El Niño. Arnab is currently 859 kilometers (534 miles) southwest of Kolkata, packing top …
PHP Security Flaws Highlight Potential Systemic Risk Aggregation for Cyber Insurers
Recently discovered security flaws in PHP programming language, used by many websites globally, has highlighted the potential for cyber risk aggregation, which has long worried insurers and made them reluctant to aggressively increase their risk appetites, according to the ratings …
Explosion and Fire Erupt at Quaker Oats Plant in Iowa
An apparent explosion caused a fire over the weekend at a Quaker Oats plant in Iowa that the company touts as the largest milling facility in the world. No one was hurt, fire officials said. The Cedar Rapids Fire Department …
People Moves: CM Vantage Appoints Finnegan as Managing Director, Casualty; Alliant Adds Sprangler to Midwest Benefits Team
CM Vantage has appointed Amy Finnegan as managing director, casualty, bringing excess and surplus lines expertise and leadership to its underwriting organization. In her new role, Finnegan will lead casualty underwriting strategy and help drive profitable growth while working closely …
Marine Life Declined in Gulf of Mexico After BP Oil Spill, Study Finds
In a deep, dark part of the Gulf of Mexico, the number of marine animals plummeted by about 60% in the years following the 2010 Deepwater Horizon explosion, a new study found. In a crucial part of the Gulf between …
Ohio Judge Blocks Lawmakers From Killing Clean Air Law
A Franklin County judge blocked last week a state law that eliminated Ohioans’ special legal powers to sue polluting neighbors like steel or other industrial plants that spit smoke, ash or other fumes into the sky. This marks the second …
Texas Hill Country Floods Inspire New Law for Emergency Weather Alerts
Under a new federal law, National Weather Service warnings of life-threatening flash floods or other emergencies could be sent to cellphones via satellite if cell service goes down. The law, called the “Mystic Alerts Act,” comes more than a year …
World Acquires Texas’ Zoom Insurance
World Insurance Associates announced that it acquired the business of Zoom Insurance of Irving, Texas on July 1, 2026. Terms of the transaction were not disclosed. Zoom offers insurance solutions to individuals, families, businesses, and specialty organizations. They specialize in …
Safety Company Acknowledges Hack 7 Months After Breach
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, …
South Florida Facing Higher King Tide Floods, Worsened by Winds and Rain
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 …
Starr Launches Italy Office, Appointing Arrigoni as Branch Manager
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 …
EU Wants Countries to Draw Up Plans to Deal With Warming of 3C
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 …
VW Plans New $4B Audi Plant in Georgia
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 …
Borr Drilling Rig Sinks Off Gabon With One Person Dead and Four Missing
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 …
Data Centers Face Downgrade Risk Amid Local Pushback, S&P Says
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 …
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