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‘Preventable’ National Grid Failures Led to Heathrow Fire: Report
A fire that shut London’s Heathrow airport in March, stranding thousands of people, was caused by the UK power grid’s failure to maintain an electricity substation, an official report said on Wednesday, prompting the energy watchdog to open a probe. …
POSTED JULY 03, 2025 7:12 PM |
People Moves: Ki Appoints Ex-PartnerRe Executive Bonneau as Chair
Ki Appoints Ex-PartnerRe Exec Bonneau as Chair Ki, the algorithmically powered Lloyd’s digital follow platform, announced the appointment of Jacques Bonneau as non-executive chair for Ki Financial Ltd., effective July 1, 2025. Bonneau was previously president & CEO of PartnerRe, …
POSTED JULY 03, 2025 4:47 PM |
Tensions Are Starting to Brew Over Waterways for US LNG Cargoes
One of the US largest exporters of liquefied natural gas, Venture Global Inc., is raising questions over how to share a common waterway with a planned neighbor — it’s a move that underscores a coming bottleneck for shipping space in …
POSTED JULY 03, 2025 4:35 PM |
Judge Dismisses Texas Attorney General’s Lawsuit Over State Fair Gun Restrictions
A Dallas County district judge dismissed state Attorney General Ken Paxton’s suit against the State Fair of Texas and the City of Dallas, for gun restrictions that were enacted following a 2023 shooting that injured three people at the fairgrounds. …
POSTED JULY 03, 2025 4:28 PM |
Wisconsin Sports Park Sued for Firing Christian Employee
Crystal Ridge Ski Area, LLC, doing business as The Rock Snowpark, a winter sports park and summer events venue in Franklin, Wisconsin, violated federal law when it terminated a lift operations manager because of his religion, the U.S. Equal Employment …
POSTED JULY 03, 2025 4:12 PM |
People Moves: Rockford Mutual Promotes Kriens to Claims VP as Kennedy Retires
Rockford Mutual Insurance Company (RMIC), headquartered in Rockford, Illinois, promoted Ann Kriens to the position of claims vice president. Kriens joined RMIC in 2014 with 20 years of claims experience at Economy/MetLife, serving as an adjuster, support supervisor, property subrogation …
POSTED JULY 03, 2025 4:08 PM |
Northeast Firms to Pay $1.37M to Settle Claims of Shoddy Runway Construction
Contractors from Maine, Connecticut and New York will pay $1.37 million to resolve allegations concerning false claims for payment related to the rehabilitation of a Westfield-Barnes Regional Airport runway in Westfield, Massachusetts. As part of the settlement agreement announced by …
POSTED JULY 03, 2025 4:01 PM |
Cyberattack on Brazil Tech Provider Hits Reserve Accounts of Some Financial Institutions
Brazil’s central bank said on Wednesday that technology services provider C&M Software, which serves financial institutions lacking connectivity infrastructure, had reported a cyberattack on its systems. The bank did not provide further details of the attack, but said in a …
POSTED JULY 03, 2025 3:59 PM |
Business Moves: Specialist Risk Group Acquires Generation Underwriting From WF Risk Group; Ardonagh Acquires Majority Stake in Apex Insurance in Hong Kong
Specialist Risk Group Acquires Generation Underwriting From WF Risk Group Specialist Risk Group (SRG), the London-based insurance intermediary, announced the acquisition of managing general agent Generation Underwriting, which has offices in Newcastle and Belfast, from WF Risk Group. Financial details …
POSTED JULY 03, 2025 3:49 PM |
Aon’s Albert G. Ruben Joins Relation Insurance
Relation Insurance Services said late last month that it acquired Aon’s Albert G. Ruben, a brokerage for the entertainment industry for the last 65 years. Terms of the deal were not disclosed. The Albert G. Ruben name and team will …
POSTED JULY 03, 2025 3:36 PM |
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