Exxon Mobil Corp. has lost its appeal of an $815.5 million compensatory damages judgment that was awarded to a Mobil gas station mechanic who developed leukemia after years of exposure to benzene in its gasoline. On October 15, a three-judge …

Commonwealth University, part of the Pennsylvania public education system, has launched academic offerings in risk management and insurance (RMI) designed to prepare students for careers in the insurance, financial services and corporate risk management industries. The RMI concentration combines finance …

The Justice Department announced that the owners of a residential rental property in Oklahoma City have agreed to pay $52,500 to resolve a lawsuit alleging that they refused to rent a one-bedroom apartment to a single mother upon learning that …

Gas prices in two Midwestern battleground states saw further hikes on Thursday as the region’s market grapples with a refinery issue in Illinois. In Michigan, prices rose to $4.74 a gallon on Thursday, up from $4.59 a gallon on Wednesday, …

Zurich American does not get to reclassify a loss as one with a much higher deductible after it had already paid part of the claim, a federal appeals court said in a case involving rain damage to a massive solar …

AM Best has revised the outlook to stable from negative for the Long-Term Issuer Credit Ratings (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of “a+” (Excellent) for the members of Ohio …

Arizona is not usually known as a hot spot for severe weather, but this week the state experienced hail, flooding and even a rare tornado. A severe storm on Wednesday produced hail the size of golf balls in metro Phoenix, …

The Texas Commission on Environmental Quality has shut down its automated electronic filing system after watchdog groups said the agency violated a directive from Gov. Greg Abbott and issued multiple stormwater permits related to data center construction. The agency said …

Allianz UK has enhanced its renewable energy proposition and introduced simplified operational wording for customers with multiple technologies at the same site. The proposition covers onshore wind, ground-mounted solar and hydro, biomass, and anaerobic digestion, alongside battery energy storage systems …

The Federal Emergency Management Agency said it has launched a new tool for residents to buy flood insurance through the National Flood Insurance Program. Available, at floodsmart.gov, the online option is available to residents living in the almost 22,700 NFIP …

Six Flags Over Georgia opened its gates last week for the first time since a man fell to his death from one of the amusement park’s towering roller coasters. A steady trickle of vehicles drove into the park, some of …

A fire tore through a Mississippi senior living center Wednesday, forcing the evacuation of its residents and destroying much of the building that was home to more than 100 people. There were no confirmed casualties, but authorities searched the site …

President Donald Trump on Thursday signed an executive order aimed at bringing down housing costs in a bid to show that his administration is addressing voters’ affordability concerns in the final sprint to the midterm elections. The order would direct …

Russia-linked hackers used the volunteer-run Yggdrasil network to conceal communications during an attack on a Ukrainian grain logistics company, marking the first documented use of the technology by a state-linked hacking group, cybersecurity firm ESET said on Thursday. The attack …

Romanian President Nicusor Dan accused Russia of escalating its attacks on NATO’s eastern flank on Friday, after a drone strike sank a cargo ship off the Romanian Black Sea coast, killing at least one sailor with three still missing. Video …

Storm Austen knocked out electricity to almost 300,000 customers in western France on Friday as hurricane-force winds battered the region, disrupting roads, railways and other transport links. Brittany was hardest hit, with almost 150,000 customers without power, according to distributor …

New York’s City Council voted to ban horse-drawn carriages, ending a Central Park tourist staple dating to the 19th century after years of debate over the horses’ place on city streets. The Council voted 40 to 7 to pass the …

Taiwan shut its $5 trillion stock market, schools and offices on Friday as Typhoon Champi barreled toward the island, bringing heavy rain and damaging winds that disrupted flights. Champi was packing top sustained winds of 155 kilometers (96 miles) an …

A class-action lawsuit has been filed in an Australian court against Meta Platforms’ Facebook and Instagram that alleges the social media platforms exposed children to harmful content and kept them addicted through algorithms. The lawsuit, filed in the Federal Court, …

According to recent report from AM Best, commercial auto liability insurance coverage has continued to bear the brunt of rising litigation costs, outpacing economic inflation. Social inflation has negatively affected commercial auto liability ultimate claim costs for several years, which …