Denmark’s Maersk and German rival Hapag-Lloyd said on Tuesday their container ships would continue to avoid the Red Sea route that gives access to the Suez Canal following a weekend attack on one of Maersk’s vessels. Both shipping giants have …

As Japan Airlines Co. Flight 516 approached Tokyo’s Haneda Airport late on Tuesday afternoon, all signs pointed to an uneventful conclusion to the routine one-and-a-half hour journey from Sapporo in northern Japan. At 5:43 p.m. local time, control-tower staff told …

U.S. property/casualty insurance carriers led layoffs in the insurance industry last year, according to S&P Global Market Intelligence analysis. Nearly 20 companies reduced staff in 2023, cutting at least 6,800 jobs, said the authors of the report, Tyler Hammel and …

The death toll in the wake of the Jan. 1 earthquake off Japan’s northwest coast rose above 60 as the government doubled the number of personnel dispatched to the affected areas to bolster rescue operations. The number of reported fatalities …

Church Mutual Insurance Company, S.I. promoted Alan S. Ogilvie from president to president and chief executive officer, effective Jan. 1, 2024. Ogilvie assumed the role from Rich Poirier, who has retired after 12 years of service to the company. Ogilvie …

McKinsey & Co. is poised to pay $78 million to health insurers and company benefit plans, in its latest settlement of lawsuits over its role advising opioid makers in their sales of the painkillers. The proposed accord, filed in federal …

The U.S. Army Corps of Engineers has given approval to a $32 million plan to renourish much of the critically eroded beaches near Jacksonville, a project that could throw a lifeline to tourism and insured properties in the area. The …

VALLEY, Ala. (AP) — A man faces murder charges after two people were killed in a head-on collision during a police chase, state law enforcement officials said Friday. The fatal crash occurred Thursday morning in Valley, a small city near …

Five people died when the car they were in crashed on a New York City parkway Monday morning, police said. The Mazda was heading north on the Cross Island Parkway in the borough of Queens when it collided with another …

SES Risk Solutions, headquartered in Irvine, Calif., named Shaun Shenouda president. Shenouda takes over the role from Bill Mecklenburg, who recently assumed leadership of Alliant Underwriting Solutions as senior managing director. Shenouda previously served as chief operating officer of SES. …

The U.S. Geological Survey (USGS) reported that a small 1.7 magnitude tremor occurred near the Astoria, Queens area of New York at about 5:45 a.m. on Tuesday January 2. The epicenter of the quake was about a half mile from …

Louisiana Insurance Commissioner Jim Donelon has approved a 9% reduction in workers’ compensation rates for 2024. The decrease will take effect in May 2024. Louisiana has seen workers’ compensation rates fall over the last two decades. Rates have had a …