Insurance

Glencore Plc faces a raft of class-action style lawsuits from investment and pension funds in the UK, months after the mining giant pleaded guilty to market manipulation and bribery. Mubadala Investment Company and International Petroleum Investment Company are among over …

Louisiana Insurance Commissioner Jim Donelon approved a significant rate hike for Louisiana Citizens residential property insurance policies, a move the insurance department blamed on rising costs of reinsurance. Donelon approved Citizens’ request for a 63% rate increase, which will go …

A French criminal court opened the historic manslaughter trial of Air France and planemaker Airbus on Monday, with angry relatives demanding justice 13 years after an A330 jetliner plowed into the Atlantic, killing all on board. The heads of both …

Omaha will have a new tallest building once Mutual of Omaha completes its planned $600 million headquarters tower downtown in 2026. Mutual CEO James Blackledge told the Omaha World-Herald that it recently became clear that the insurance company’s new skyscraper …

The U.S. Department of Labor’s Occupational Safety and Health Administration ordered ExxonMobil Corp. to immediately reinstate two employees and pay them more than $800,000 in back wages, interest and compensatory damages. A federal whistleblower investigation found the company terminated them …

Lloyd’s of London said on Monday that its investigation into a possible cyberattack had found no evidence of data compromise. “The investigation has concluded that no evidence of any compromise was found and as such Lloyd’s has been advised that …

Crews from several fire departments were still battling a fire Monday that broke out late last week at a paper mill in Michigan’s Upper Peninsula. A spokesman for Resolute Forest Products said the fire, which was producing a dense cloud …

Details of an apparent cyberattack on one of the largest health systems in the U.S. were slow to emerge as security experts on Oct. 7 warned that it often takes time to assess the full impact on patients and hospitals. …

Two stretches of the southern Mississippi River were reopened to commercial traffic over the weekend after dredging operations deepened the shipping channel near Memphis, Tennessee, and near Stack Island, Mississippi, the U.S. Coast Guard said on Monday. The major shipping …

A Southern California doctor has pleaded guilty to writing prescriptions for more than 120,000 opioid pills over a six-year span, including to an impaired driver who struck and killed a bicyclist, federal prosecutors said. In his plea agreement, Dr. Dzung …