As Storm Forms in Gulf of Mexico, U.S. Oil Producers Shut Offshore Output July 10, 2019 U.S. oil prices have climbed 3% as more major oil producers shut production and withdrew staff from offshore platforms in...
LP Risk Acquires Wholesale Insurance Broker, Houston Surplus Lines July 10, 2019 Texas-based managing general agency and surplus lines broker, LP Risk, has acquired the assets and operations of Houston Surplus Lines,...
Building Soundness Investigated After Nevada University Dorm Blast July 10, 2019 Investigators are assessing the structural safety of two University of Nevada, Reno, dormitories that usually house 1,300 students, days after...
Southern California Quakes Raise Interest in West Coast Warning System July 10, 2019 By John Antczak and Christopher Weber The powerful Mojave Desert earthquakes that rocked California ended a years-long lull in major seismic activity and raised new interest...
California Wildfire ‘Bailout’ for PG&E, Edison Clears Hurdle July 10, 2019 By Mark Chediak and Jeffrey Taylor Utility giants PG&E Corp. and Edison International are one step closer to getting California’s help in covering the costs of...
Pushing and Pulling Lloyd’s Into the 21st Century July 10, 2019 By L.S. Howard Twenty-five years ago, the Lloyd’s of London marketplace was teetering on the brink of insolvency, reeling from billions of dollars...
Family of Massachusetts Youth Killed in Blast Settles Suit Against Company July 10, 2019 By Barbara Goldberg The family of a teenager killed during a 2018 gas explosion that injured a dozen others and destroyed scores of...
Claims Industry Consolidation Continues with Sedgwick’s Purchase of York July 10, 2019 By Jim Sams Sedgwick Group announced this week that it has signed an agreement to purchase York Risk Services, continuing a long-term consolidation...
The Hilb Group Acquires Vermont’s Jamieson Insurance Agency July 10, 2019 The Hilb Group LLC (THG) has acquired Vermont-based Jamieson Insurance Agency Inc. (JIA). The transaction became effective July 1, 2019....
Volvo’s Autonomous Trucking Offer Bundles Pilots, Insurance, Services July 10, 2019 By Esha Vaish Swedish truckmaker AB Volvo’s first commercial autonomous truck deal shows how it is bundling services to generate revenue from a...