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Electric Storage Explosion Highlights Danger of a Growing Technology

Sep 7 2020 // An investigation into the cause of an explosion at an Arizona energy storage facility that injured four firefighters confirms what engineers had feared: Packing lithium-ion batteries tightly together can spark a chain...

Phoenix Buildings Continue to be Without Power After Fatal Fire

Jul 3 2019 // A fire in an underground utility vault killed one worker, injured a second and cut power to numerous high-rise buildings Monday in downtown Phoenix, possibly for a few days, authorities said.The explosion happened Sunday...

Royal Bank of Scotland Reaches Milestone in Recovery Plan

Oct 17 2012 // Royal Bank of Scotland is set to withdraw this week from an insurance scheme set up by Britain during the banking crisis to cover its riskiest loans, having paid the minimum required in premiums, sources familiar with the...

Business Moves

Oct 18 2010 // IMS, London American Risk SpecialistsIMS Insurance Market Solutions acquired Houston-based London American Risk Specialists Inc. effective Sept. 1, 2010. The combined entity will become IMS/London American and will be one...

ProAssurance to Acquire American Physicians Service Group

Sep 1 2010 // ProAssurance Corp., headquartered in Birmingham, Ala., and Austin, Texas-based American Physicians Service Group Inc. (APS) announced that ProAssurance plans to acquire all the outstanding shares of APS in an all-cash...

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