Insurance

The US Midwest and Ohio Valley, including Chicago and Cincinnati, face an enhanced, or level 3, risk of severe thunderstorms. That’s triggered numerous flood warnings and watches from Indiana into western Pennsylvania and Virginia, the National Weather Service said. As …

Multiple proposed class-action lawsuits have been filed over the nationwide cyclospora outbreak, blaming Taco Bell and Taylor Farms for selling contaminated lettuce that has sickened thousands and led to two deaths. At least two of the lawsuits are in federal …

The North Carolina General Assembly last month confirmed workers’ compensation attorney and former Deputy Commissioner Tyler Younts to a six-year term on the state Industrial Commission. A few days later, the state’s commissioner of labor, Luke Farley, designated Younts to …

Year over year, average U.S. commercial premium renewals for July increased in all lines except workers’ compensation, according to the Ivans Index. However, month over month, commercial auto, business owners policy, general liability, commercial property and umbrella saw a decrease, …

John Kellington, most recently executive vice president and chief information officer at Cincinnati Insurance for more than 16 years, has been appointed chief executive officer of ACORD. Kellington is no stranger to the standards-setting body for the insurance industry. He …

American International Group (AIG) said it has promoted Christopher O’Connor to the role of head of professional liability and cyber, North America. O’Connor has been with AIG for more than 15 years. He was most recently North America head of …

A small cargo ship was attacked by Yemen’s Iran-aligned Houthis in the Bab el-Mandeb strait on Tuesday, killing three crew members, said two Yemeni coast guard sources and two military officials in the government. If confirmed, the fatalities on the …

The current typhoon season in the Northwest Pacific Ocean is shaping up to be one of the most intense on record as the El Niño system strengthens, according to the latest projection by commercial forecaster Tropical Storm Risk. Typhoon development …

As Europe comes to grips with its fifth heat wave this year, the research arm of Swiss Re AG is warning of far-reaching consequences that may not yet be fully understood. Though Europe’s wildfire risk “is still considered moderate, the …

Leaking crude oil from a tanker grounded off a nature reserve in Oman has created a slick covering almost 400 square kilometers, the country’s government said on Monday. The Caroline Bezengi is loaded with close to one million barrels of …