Insurance

A swarm of earthquakes occurring over the past few weeks has intensified at a remote Alaska volcano dormant for over a century, a possible indication of an impending eruption. The Alaska Volcano Observatory raised the alert level to advisory status …

Washington state’s first auction of greenhouse-gas pollution allowances has generated an estimated $300 million as companies, consumers and the Legislature get a glimpse of the cost of emitting greenhouse gases that are increasing climate catastrophes. The Department of Ecology announced …

Federal workplace safety inspectors have cited a New York thermometer manufacturer for overexposing its employees to mercury at its West Babylon facility. Occupational Safety and Health Administration (OSHA) inspectors said they determined Kessler Thermometer Corp. overexposed employees to airborne elemental …

A Norfolk Southern train derailed Thursday in Alabama, just hours before the rail company’s CEO testified in Congress about last month’s fiery derailment of an Ohio train carrying hazardous chemicals. The northeast Alabama incident, the latest of several recent derailments …

Environmental organizations have filed a civil rights complaint against Alabama, accusing the state of discriminating against minority communities in how it distributes funding for wastewater infrastructure, including money for families who need help dealing with raw sewage in their yards. …

Voters in Vermont’s largest city have rejected a proposal for a community police oversight board that would have had the authority to discipline and remove Burlington police officers. Burlington Mayor Miro Weinberger, a Democrat, vetoed a similar measure in 2020. …

Mehmet Alkan, a shoe-sole manufacturer in Turkey’s earthquake-hit south, doesn’t know what will become of his company after some of his 220 employees died and half fled, reflecting the difficult transformation ahead for industry in the region. Forty of his …

Asta, the leading third-party managing agent at Lloyd’s, announced it is strengthening its global presence by establishing a service company in Singapore. With the Asian market presenting extensive opportunities, Asta has launched a service company that will enable clients easily …

Allianz Group announced it is restructuring its global commercial insurance segment as one go-to-market business under the trading name Allianz Commercial, which will encompass its Allianz Global Corporate & Specialty (AGCS) business, serving large corporate clients, and the insurance businesses …

A new Chinese financial watchdog will help bridge regulatory gaps but analysts and investors say the agency will consolidate power at the top and could introduce more state and party intervention. In a major shake-up, China will set up the …