Shell is suing Greenpeace for $2.1 million in damages after the environmental group’s activists boarded the company’s oil production vessel in transit at sea this year, according to Greenpeace and a document seen by Reuters. The British oil and gas …
Several days after he was found guilty of one of the biggest financial frauds on record, FTX founder Sam Bankman-Fried dropped an insurance coverage lawsuit against excess insurance company Continental Casualty Co. Shortly before his trial began in early October, …
This edition of International People Moves details appointments at brokers Ardonagh Specialty (and its reinsurance unit Inver Re) and Aon. A summary of these new hires follows here. Ardonagh Specialty Taps Gallagher Re’s Marsh as Deputy CEO of Bermuda, Inver …
Democrat Dan McCaffery won an open seat on Pennsylvania’s Supreme Court in Tuesday’s general election, preserving a strong Democratic majority on a panel that has produced several critical election-related rulings in the presidential battleground state. The seven-member bench, which will …
Nearly 1 million chickens on a Minnesota egg farm will be slaughtered to help limit the spread of the highly contagious bird flu after it was confirmed there, officials said Monday. The U.S. Department of Agriculture announced that the virus …
Industry insured losses due to wind from Winter Storm Ciarán (also named Emir by the Free University of Berlin) will range between €800 million and €1.3 billion ($855.2 million and $1.4 billion), with the majority of the losses expected in …
The Peace Corps has agreed to pay $750,000 to the family of a 24-year-old volunteer from Illinois who died in 2018 in East Africa after the agency’s doctors misdiagnosed a case of malaria, a law firm announced Tuesday. Bernice Heiderman …
United Nations Secretary-General Antonio Guterres told Reuters NEXT on Wednesday that it will be difficult to revive a landmark deal that allowed the safe Black Sea export of Ukraine grain, which Russia quit in July over complaints about its own …
LITTLE ROCK, Ark. (AP) – Eight former residents of a youth treatment center that was run by an Arkansas man whose bribery conviction was commuted by former President Donald Trump have filed a lawsuit claiming they were victims of “systematic …
Insurers are continuing to provide cover for increased oil and gas production even as they face large losses fueled by climate change, according to a new report. About 80% of the insurance market and 53% of the reinsurance market don’t …
