Insurance

BMS Re, the specialty reinsurance arm of global broker BMS Group, announced that Andrew Wheeler and Russ McGuire have been appointed as interim co-CEOs of BMS Re. The appointments follow Pete Chandler stepping down as CEO and becoming vice chair …

Responding to a report of workers being exposed to anhydrous ammonia, federal investigators found a Madison, Wisconsin ice cream plant lacked sufficient process safety management procedures to control the release of hazardous chemicals. Exposure to anhydrous ammonia, used in the …

Two current and two former Massachusetts State Police troopers are among six charged in connection with an alleged conspiracy to give passing scores to certain Commercial Driver’s License (CDL) applicants, including individuals who had failed or did not take the …

This year could be the year that Georgia joins most other states and repeals its direct-action law that has reportedly caused severe problems for trucking companies needing liability insurance. Several Georgia Republican legislative leaders and the state’s insurance commissioner said …

The UK Navy posted an advisory to merchant ships in the Indian Ocean warning of pirate activity, a sign of a growing threat to a maritime industry that’s been coming under missile attacks near Yemen. Two so-called pirate action groups …

COLUMBIA, S.C. (AP) — A South Carolina judge on Monday denied Alex Murdaugh’s bid for a new trial after his defense team accused a clerk of court of tampering with a jury. Judge Jean Toal said she wasn’t sure if …

The U.S. government in recent months launched an operation to fight a pervasive Chinese hacking operation that successfully compromised thousands of internet-connected devices, according to two Western security officials and one person familiar with the matter. The Justice Department and …

FRANKFORT, Ky. (AP) — Legislation allowing school districts to expand fleets transporting students to school and home was promoted Monday as a way to fix bus systems hampered by long routes and too few bus drivers. Democratic Sen. David Yates, …

FRANKFORT, Ky. (AP) — Legislation portrayed as a market-driven, voluntary approach to expand access to paid family leave in Kentucky was overwhelmingly passed by the state House on Monday. The measure, which drew strong bipartisan support, sailed through the House …

At the height of the SPAC boom, liberated startups capitalized on the ability to tout lofty goals about the years ahead without much of a risk of legal fallout. Now, the US Securities and Exchange Commission’s new rules tightening SPACs’ …