Massachusetts workers’ compensation rates will fall an average 10.2% starting July 1, a considerably bigger reduction than the industry recommended. Insurance Commissioner Gary Anderson signed off on the cut that will save employers an estimated $130 million after the attorney …

As trial lawyers and news reports around the state continue to criticize Florida lawmakers for the far-reaching tort-reform passed last month, the Senate Banking and Insurance Committee has approved a bill designed to bring more accountability for property insurers. By …

Howden, the London-based insurance broker, announced it has received a license from the Central Bank of Bahrain to establish operations in the Kingdom of Bahrain. Howden said this represents a significant step in the broker’s strategic growth ambitions for the …

Munich Re will not proactively extend coverage for the Nord Stream 1 pipeline when it expires later this year, a spokesperson told Reuters on Thursday. The decision follows an announcement by Allianz on Wednesday that it does not intend to …

Thirteen years after the massive Deepwater Horizons spill fouled the Gulf of Mexico, regulators and industry have reduced some risks in deep water exploration in the gulf but some troublesome safety issues persist, a new study by the National Academy …

Volkswagen AG has ordered dealers in the U.S. and Canada to stop selling its ID.4 electric SUV because its doors might open while in motion, and the German carmaker doesn’t yet have a fix for the problem. Nearly 18,000 vehicles …

Financial services companies would be required to take action if their clients were failing to protect human rights and the environment, a preliminary deal due to be voted on later this month by a panel of European Union lawmakers showed. …

Paris will ban electric scooters from September 1, the French capital’s mayor said, after the public voted to remove them from the streets, however e-scooter operators said on Monday [April 3] they hoped to stop the plan. The e-scooter ban …

SPRINGBROOK, N.D. (AP) – An Amtrak passenger train has struck a pickup truck in North Dakota, killing two teenage boys and injuring a third, authorities say. The North Dakota Highway Patrol said the crash happened around 8 p.m. Monday when …

Hub International announced that it has acquired the assets of Horizon Agency, Inc. (Horizon Agency). Terms of the transaction were not disclosed. Located in Eden Prairie, Minnesota, Horizon Agency is an independently owned agency that provides commercial and personal insurance, …

German insurance company Allianz said on Wednesday it does not intend to renew a policy for the Nord Stream 1 project when it expires in late 2023. Allianz said it was part of an insurance consortium that provided coverage for …

Global fuel suppliers are turning to longer and costlier routes that produce more carbon emissions to move their diesel and other products as Western restrictions on Russian cargoes have reshuffled global energy shipping patterns. As a result of the European …