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The MEMIC Group, headquartered in Portland, Maine, promoted Karl Lagasse to vice president of business technology and hired Jason Ennis as director of architecture and innovation. Lagasse oversees the project management, software engineering, and quality assurance teams while spearheading the …

A wildfire on the central coast of California has grown to 84,080 acres, prompting evacuation orders and closing part of a highway. The Madre Fire, the biggest the state has seen this year, started on Wednesday and is burning in …

According to the MarketScout Market Barometer, the composite rate for U.S. personal lines increased in the second quarter to 4.6%. U.S. personal lines rose an average 4.9% during the firth quarter. Dallas-based MarketScout, a division of Novatae Risk Group, said …

A team of scientists from the University of Miami, the Florida Aquarium and Tela Marine in Honduras is working together to transplant crossbred coral fragments onto a reef off Miami’s coastline that was devastated by coral bleaching two years ago. …

MIAMI (AP) — Tropical Storm Chantal was downgraded to a depression Sunday but raised concerns of possible flash flooding as it makes its way through central North Carolina toward south-central Virginia. Chantal made landfall near Litchfield Beach, South Carolina, at …

Insurance broker Marsh USA is suing rival Alliant Insurance Services, this time for allegedly poaching key commercial surety employees and clients. New York-based Marsh is accusing California-based Alliant of inducing key commercial surety employees to breach their non-solicitation and confidentiality …

The number of Maryland auto insurance policies enrolled in a telematics program has been consistently growing, increasing by about 45% from 2021 to 2023. About 55% of the enrolled policies experienced an increase or decrease in premiums, according to results …

Multiple small vessels attacked a ship in the Red Sea near Yemen’s Al Hudaydah port, causing a fire on board and prompting the crew to abandon ship before the Israel army carried out airstrikes on Houthi-controlled ports in Yemen. The …

Before taking office last July, UK Chancellor of the Exchequer Rachel Reeves met business leaders over a series of breakfasts that became known as the smoked salmon and scrambled eggs offensive. British bosses were clamoring for change after 14 years …

Louis Vuitton Korea suffered a cyberattack that compromised some customer data, the second time in recent months that hackers have targeted the world’s largest luxury group. The Korean unit of LVMH’s flagship brand said an “unauthorized third party” accessed its …