Suez Canal Must Upgrade to Avoid Future Shipping Disruption: Sources April 5, 2021 By Jonathan Saul and Patrick Werr CAIRO – Egypt’s Suez Canal must move quickly to upgrade its technical infrastructure if it is to avoid future shipping...
Catastrophe Bonds Positioned to Tap Into Demand for Socially Responsible Investments April 5, 2021 By Tasos Vossos Catastrophe bonds are being hailed as the next frontier for socially responsible investing. Such debt, which insures against natural disasters...
New Federal Flood Insurance Rating Plan to Start Oct. 1 April 5, 2021 By Alwyn Scott Hundreds of thousands of Americans will pay significantly more to insure their homes in coastal areas and flood zones under...
New Starr Environmental Shield Product Targets Manufacturing-Related Risks April 5, 2021 Starr Insurance Cos. has introduced Environmental Shield, a customized environmental insurance product that covers multiple manufacturing risks with a single...
Report: Drug Addiction Cost West Virginia an Estimated $11B in 2019 April 5, 2021 Treating and addressing drug addiction cost West Virginia an estimated $11.3 billion in one year, according to a new report...
Florida School District Hit with ‘Bizarre’ $40M Ransomware Demand April 5, 2021 By Terry Spencer and Frank Bajak The computer system of one of the nation’s largest school districts was hacked by a criminal gang that encrypted district...
Some Georgia Schools to Remain Closed for 2 Weeks After EF-4 Tornado April 5, 2021 Some schools in a county hard-hit by recent storms will remain closed for a couple of weeks as cleanup continues,...
Kentucky Passes Liability Protections for Businesses, Healthcare Facilities April 1, 2021 By Bruce Schreiner and Piper Hudspeth Blackburn Kentucky lawmakers voted to shield businesses and health care facilities from coronavirus-related lawsuits as they hurried to finish work Tuesday...
New Jersey Bill Requiring Insurers Explain BI Policies Lands on Governor’s Desk April 1, 2021 By Elizabeth Blosfield A New Jersey bill that requires insurers issuing business interruption policies in the state provide policyholders with a summary of...
Firefighter Injured, Utility Infrastructure Damaged in North Dakota Blaze April 1, 2021 Strong winds and drought conditions fueled a wildfire in western North Dakota, injuring a firefighter and some livestock and damaging...