Insurance

Exxon Mobil Corp. failed to initially report a release of the super-potent greenhouse gas methane in the Permian Basin that occurred in early February, violating state rules. The incident at the company’s facility in New Mexico was reported after it …

According to a new survey from specialty broker Ames & Gough, insurers of professional liability for architects and engineers are planning additional rate increases to keep pace with rising claims costs, a backlog of litigation, worker shortages, and supply chain …

A Massachusetts hospital has been denied its insurance claims for Covid-19 related costs and lost revenues under business interruption and disease contamination provisions of its property insurance policies. U.S. District Judge Nathaniel M. Gorton of the federal court in Boston …

A coal miner has died in an incident in a southern West Virginia mine, Gov. Jim Justice said. William Mapes, 73, of Freeburn, Kentucky, died Sunday, Justice said Sunday in a news release. Mapes had 53 years of mining experience …

Authorities have charged an Alabama insurance agent, who formerly worked for Alfa Insurance, with more than $600,000 in fraud, theft and exploitation of the elderly. Bret Chappell, 43, of Warrior, Alabama, was arrested Monday and booked into the Blount County …

Taiwanese Apple Inc. supplier Foxlink said on Wednesday it is working hard to resume production following a fire at a plant in southern India that halted operations at the maker of iPhone charging cables, sending its stock price down. The …

A jury has awarded over $600,000 to a former Oregon State University dean who sued the school for whistleblower retaliation. University officials disagree with the verdict issued earlier this month and plan to appeal, Oregon Public Broadcasting reported. Grace Kuo, …

While the continuously evolving cyber threat landscape is a growing problem for insurers, experts on this episode of The Insuring Cyber Podcast say it’s not an insurmountable one, and empathy and thoughtfulness will be key as insurers seek to tackle …

CNA Hardy, the specialist commercial insurer that operates within the company and Lloyd’s markets, announced the launch of a new portfolio of bespoke package products built specifically for multinational businesses, called “Atlas.” Building on CNA Hardy’s existing suite of combined …

The Jensten Group has announced its acquisition of the schemes broker, Darwin Clayton, for an undisclosed amount. The deal, which is subject to regulatory approval, brings 44 staff, 2,300 clients and more than £20 million ($23.9 million) in gross written …