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The magnitude 6.6 quake damaged historical buildings as far away as Rome and led to the closure of schools there, but most damage is reported in the medieval walled town of Norcia, close to the epicenter.

An American Airlines jetliner reported an engine malfunction just before catching fire while taxiing for takeoff from Chicagos OHare airport.

News from Lockton, XL Catlin, Aon Risk and more.

The incident highlights the risks at some of the older U.S. airports hemmed in by development or their placement near bodies of water that have prevented them from lengthening runways to modern safety standards.

The OIG recently released reports that deemed $9.9 million in approved funds for the Town of North Hempstead ineligible, unsupported or unused and $668,430 in federal funds ineligible.

More companies are buying cyber coverage than ever, but the market is slowing, according to the latest survey from Zurich and Advisen.