Russia will struggle to meet its strategic goal of more than quadrupling Arctic sea shipments by the end of the decade as the nation cannot increase and upgrade its small, aging ice fleet fast enough, according to the Northern Sea …

A lawsuit set for trial in July against the world’s largest provider of drilling services will offer rare public testimony about the plight of women working in America’s oil fields. Jessica Cheatham, who worked as an engineer for SLB, previously …

Climate change is the cause of a key emerging risk identified by Swiss Re’s SONAR report, which is leading to the opening of previously frozen waterways in the Arctic and the creation of new shipping and trade routes. The economic …

California ranked first in strengthening policies to enable widespread use of electric cars, trucks, and buses, according to a national scorecard out on Wednesday that gives most states poor grades. The 2023 State Transportation Electrification Scorecard from the American Council …

A standard to assess companies’ claims about progress towards internal climate targets and their use of carbon offset credits was launched on Wednesday by a global initiative seeking to bring transparency and confidence to an unregulated market. Many companies have …

Five activist groups have sued French oil major TotalEnergies for a second time over its projects in Uganda and Tanzania in a Paris civil court, they said on Tuesday, after an earlier fast-track attempt was dismissed in February. The French …

Investors in the UK are starting to worry that the anti-ESG movement may spread from the US and get a foothold on the other side of the Atlantic. The UK Sustainable Investment and Finance Association (UKSIF), whose members oversee more …

A trio of property/casualty carrier executives voluntarily offered their views on a growing insurance availability crisis in a state like California at an industry conference last week, pointing to regulatory disconnects and political issues as drivers. “I have real question …

Two Georgia laws take effect Saturday, July 1, that affect insurance for ride-share operators and, potentially, workers’ compensation claims from hospital workers. House Bill 529 lowers the minimum amount of uninsured and underinsured motorists’ coverage that ride-share companies must maintain. …

The Independent Insurance Agents of Georgia this month installed Woodstock agent Wendi Washowich as president. Washowich is a client executive at Hamby and Aloisio Risk Management and Insurance in Atlanta and has been active in the IIAG for years, the …

Travelers must pay a $2 million claim by the owner of a 92-foot-long yacht that was sunk by Hurricane Irma because Florida law does not allow insurers to deny claims based on inconsequential technicalities. A panel of the U.S. 11th …

Massachusetts car dealerships that provide customers with a courtesy vehicle to use while their car is being repaired are protected by federal law from liability should the courtesy car be in an accident, despite a state law that presumes the …