U.S.
U.S. Brewer Yuengling Paying $10M to Settle Water Pollution Case
D.G. Yuengling and Son Inc, the oldest U.S. brewing company, will pay close to $10 million to settle charges it violated the federal Clean Water Act through the excessive discharge of pollutants by ...
TransCanada Files $15B NAFTA Claim on Obama Keystone XL Rejection
TransCanada Corp. is seeking to recoup $15 billion for the Obama administration's rejection of the Keystone XL oil pipeline, in a legal claim that highlights how foreign companies can use trade deals ...
Ironshore Freed From A.M. Best’s ‘Under Review’ Status
A.M. Best has changed its mind about Ironshore, removing the Bermuda-based specialty insurer from its status as "under review with negative implications." A year after initially taking action, the ...
XL Group Shareholders Approve Ireland-to-Bermuda HQ Switch
XL Group plc's shareholders approved plans to change its place of incorporation from Ireland to Bermuda, a process it hopes to complete in the 2016 third quarter. That doesn't mean that XL Group is ...
W.R. Berkley Chairman Urges Greater Carrier/Agent Cooperation on Lowering Costs
Partnership and greater efficiency will help lead the way to continued profitability for the property/casualty insurance industry despite a new level of uncertainty globally, according to William R. ...
RMS Version 16.0 Includes Updates for Terrorism, Europe Windstorm Clustering
Global catastrophe risk management firm RMS has released version 16.0 of its catastrophe modeling platform, which includes updates to both the Europe Windstorm Clustering Model and Terrorism Modeling ...
VW Must Fork Over $10B-Plus to Settle U.S. Emissions Scandal
Volkswagen AG will pay more than $10 billion to settle claims by nearly 500,000 owners stemming from its U.S. diesel emissions cheating scandal and fund efforts to offset pollution, three sources ...
Asia Expansion Continues: BHSI Jumps Into Region’s Accident & Health Market
Berkshire Hathaway Specialty Insurance is making good on its pledge to expand in Asia, with news that it is jumping into the region's Accident & Health insurance market. The specialty insurance ...