Uber Raises Minimum Age for Most California Drivers to 25 Over Insurance Costs August 29, 2023 Uber raised the minimum age requirement for most of its new drivers in California to 25 on Thursday under rules...
Swiss Re Ordered to Pay Former Underwriter $1.6M for Sexism, Unfair Dismissal August 29, 2023 A former Swiss Re underwriter has been awarded nearly 1.3 million pounds ($1.6 million) by a London employment tribunal for...
Nova Scotia Floods Cost Insurers More Than C$170 Million August 28, 2023 An atmospheric river event that led to significant flooding in parts of Nova Scotia on July 23, 2023, is estimated...
Dollar Tree Agrees to Improve Safety and Pay $1.35M in Fines: OSHA August 28, 2023 By Chad Hemenway Dollar Tree Inc. and subsidiary Family Dollar have entered an agreement with the Occupational Safety and Health Administration (OSHA) to...
Broken Satellite Risks Big Claim in Shrinking Insurance Market August 28, 2023 By Loren Grush and Todd Shields Viasat Inc. has more than $1 billion of orbiting satellites in trouble, and space insurers are girding for market-rattling claims....
U.S. Seeks Focused, Efficient Global Fund for Climate Disasters August 28, 2023 By Valerie Volcovici When countries adopt a global fund for climate disaster losses and damages at this year’s U.N. climate conference, the U.S....
Bare Electrical Wire and Leaning Poles on Maui Were Possible Cause of Deadly Fires August 28, 2023 By JENNIFER McDERMOTT, BERNARD CONDON and MICHAEL BIESECKER In the first moments of the Maui fires, when high winds brought down power poles, slapping electrified wires to the...
3M Settles U.S. Anti-Bribery Law Charges in China Unit, SEC Says August 28, 2023 3M Co MMM.N has agreed to pay more than $6.5 million to resolve U.S. charges of Foreign Corrupt Practices Act...
Florida Faces Major Hurricane Threat as Idalia Strengthens August 28, 2023 By Brian K. Sullivan Tropical Storm Idalia is set to strengthen as it heads north through the Gulf of Mexico, threatening to strike Florida’s...
Shareholders Sue Hawaiian Electric Over Maui Wildfires August 25, 2023 Shareholders of Hawaiian Electric HE.N on Thursday filed a lawsuit against the utility provider in a San Francisco federal court,...