Insurance

A company that operates a century-old hydroelectric dam near Mount Rainier National Park and its chief operating officer each pleaded guilty to a single criminal count Monday in connection with a spill of synthetic field turf and the tiny rubber …

Travis joins Brotherhood Mutual Insurance Company as Senior Vice President Brotherhood Mutual Insurance Company, based in Fort Wayne, Indiana, has named Abel Travis its new senior vice president, affiliate operations. Travis will lead agency enterprises, American Church Group, LLC, and …

What used to be a rare one-two punch of consecutive hurricanes hitting about the same place in the United States weeks apart seems to be happening more often, and a new study says climate change will make back-to-back storms more …

Progressive Corp. posted full-year 2022 net income of $721.5 million, down about 78% from net income of $3.35 billion the prior year, due to losses in its investment portfolio. However, Chief Executive Officer Tricia Griffith in a letter to shareholders …

Ohio residents suing Norfolk Southern Corp NSC.N will get an extra day to inspect rail cars that spilled a toxic chemical during a train derailment this month before the company clears the crash site, according to a deal struck by …

A long line of quick-moving thunderstorms that produced a swath of damaging wind gusts across northern Texas and Oklahoma late Sunday likely qualified the event as a derecho, although that’s not an official designation, said Nolan Meister, a meteorologist with …

Truck insurers would be able to avoid being named as defendants in lawsuits filed after trucking accidents under a bill moving through the Georgia General Assembly. Senate Bill 191, reported favorably last week by the Senate Transportation Committee, would repeal …

U.S. payment giants Visa and Mastercard are slamming the brakes on plans to forge new partnerships with crypto firms after a string of high-profile collapses shook faith in the industry, people familiar with the matter told Reuters. The crypto industry …

In a dispute over artwork lost in transit, a New York federal judge has ruled that FedEx Ground was liable to the artist for the lost works but that federal law caps its damages at the value placed on the …

A medical transport flight that crashed in a mountainous area in northern Nevada, killing five all five people aboard the plane including a patient, apparently broke apart before hitting the ground, authorities said. The National Transportation Safety Board has sent …