Insurance

A London judge dismissed a lawsuit accusing Shell Plc’s board members of failing to manage climate change risks. In a decision published Friday the judge threw ClientEarth’s suit out before a full hearing as there isn’t a clear case against …

Hedge fund manager Dan Loeb said he’s no longer exploring an acquisition of specialist insurance underwriter SiriusPoint Ltd. Loeb held exploratory discussions with Bermuda-based SiriusPoint about a potential deal to take the company private, but the parties weren’t able to …

The personal information of 237,000 current and former federal government employees has been exposed in a data breach at the U.S. Transportation Department (USDOT), sources briefed on the matter said on Friday. The breach hit systems for processing TRANServe transit …

America’s wheat fields have become so plagued by drought that farmers are now poised to abandon crops at the highest rate in more than a century. Producers are expected to harvest about 67% of their planted acres, the US Department …

The National Highway Traffic Safety Administration (NHTSA) demanded the recall of 67 million air bag inflators because it believes there is a safety defect, but auto supplier ARC Automotive Inc rejected the U.S. regulator’s request, documents released on Friday show. …

Editor’s note: The Florida Legislature’s 2023 regular session concluded May 5, but people in the property insurance industry continue to offer ideas for the state’s distressed market. Here’s one from independent adjuster Ben Mandell. I am an independent insurance adjuster. …

A federal courthouse in Georgia was damaged when the driver of a tractor trailer fell asleep and the truck hit the building last week. The crash into the J. Roy Rowland Federal Courthouse in Dublin happened at about 12:30 a.m. …

Gov. J.B. Pritzker this week signed a law providing full disability benefits to Chicago police officers and firefighters struck by COVID-19 before vaccines were available, presiding over an emotional statehouse ceremony which marked the end of a financial struggle for …

Montana Governor Greg Gianforte approved three legal reform measures intended to provide consumer protections and disclosures and reduce frivolous lawsuits with the ultimate goal of lowering costs and increasing the availability of insurance. “We applaud Gov. Gianforte and the Montana …

Patriot Growth Insurance Services, a broker and insurance services firm with offices in Pennsylvania and Florida, has added Savannah, Georgia-based Sherrill & Co. to its constellation. Sherrill offers property and casualty insurance and life and health insurance services. It was …