Insurance

Fracking wastewater, injected underground for permanent disposal, traveled 12 miles through geological faults before bursting to the surface through a previously plugged West Texas oil well in 2022, according to a new study from Southern Methodist University. It’s the first …

Lockton Names Ryan US President Lockton, headquartered in Kansas City, Missouri, appointed Tim Ryan as U.S. president. Ryan has 19 years of experience as the COO of Lockton’s Northeast business and 30 years of industry experience. Ryan reports to Ron …

This edition of International People Moves details appointments at Markel and Howden Re. A summary of these new hires follows here. Markel Appoints 2 Key Hires for International Casualty Team Markel, the insurance operations within Markel Group, announced the appointment …

Governor Glenn Youngkin declared a state of emergency for Virginia based on National Weather Service and National Hurricane Center forecasts that indicate the state could see significant rainfall and flooding from Tropical Storm Debby. The Virginia Emergency Operations Center (VEOC) …

King Insurance Parnters, based in Gainesville, Florida, continues to expand with the acquisition of Lincoln Insurance Group in McDonough, Georgia. Lincoln is an independent agency that offers auto, home, life and commercial inurance coverage, King said in a news release. …

Global insured losses from natural catastrophes totaled US$60 billion during the first half of 2024, or 62% above the 10-year average, according to preliminary estimates from Swiss Re. Severe thunderstorms (mainly in the US) accounted for 70% of insured losses …

Alto Ingredients, Inc., a manufacturer of industrial and food-grade, corn-based alcohols, violated the Americans with Disabilities Act (ADA) when it terminated an electrician from its campus in Pekin, Illinois, because of his disability, the Equal Employment Opportunity Commission (EEOC) charged …

Former Michigan State University head football coach Mel Tucker is suing the university and school leaders, alleging that they wrongfully fired him last year and violated his constitutional rights after he was accused of sexual harassment. The federal lawsuit filed …

A small tornado took Buffalo by surprise Monday, damaging buildings, flipping cars and sending debris swirling over downtown. A spiraling column was caught on multiple videos shortly before 1 p.m. One video showed the cell appearing to move from Lake …

Debby, downgraded to a tropical storm Tuesday, is expected to bring as much as 25 inches of rain and more flooding to parts of the Carolinas this week, exacerbating uninsured flood damage but keeping wind losses within limits. Moody’s, a …