Two lawsuits have been filed against FedEx Ground Package Systems claiming the shipping giant substantially contributed to the deaths of Cheyenne residents. The Wyoming Tribune Eagle reported that the families of two people who died in a head-on collision on …
Though many researchers in California are focused on the lack of rain, a group in the Bay Area found that if the skies do open up flooding will be a problem. The San Mateo County Times reported that the nonprofit …
The European Union will mount a fresh bid to persuade the United States to free up the billions of euros in collateral it requires foreign reinsurers to set aside against policies. EU states agreed on Tuesday to give the bloc’s …
Scientists say the earthquake fault that runs through the coastal city of Ventura, Calif. can produce strong shaking and dangerous tsunamis, prompting state officials to study whether to revise hazard maps. The Los Angeles Times reported that new research shows …
Low interest rate policies by central banks around the world are threatening insurance companies and pension funds, said Laurence D. Fink, chief executive officer of BlackRock Inc., the world’s largest asset manager. “As we live in a world of persistent …
Uber Technologies Inc. must defend against a lawsuit accusing the popular ride-sharing service of discriminating against blind people by refusing to transport guide dogs, a federal judge ruled. In a decision late Friday night, U.S. Magistrate Judge Nathanael Cousins in …
It appears hole-in-one insurance scammer Kevin Kolenda has been at it again, according to detectives in Washington Insurance Commissioner Mike Kreidler’s office. Kolenda was arrested on Monday in Norwalk, Conn., during a search of his residence. Kreidler’s detectives worked in …
The Hartford has named David Robinson executive vice president and general counsel. Robinson succeeds Alan Kreczko, current general counsel. Robinson will report to Hartford Chairman and CEO Christopher Swift. Swift thanked Kreczko for his service to the company. He has …
The Travelers Companies Inc. reported that quarterly net profit fell in the first quarter about 20 percent due to lower net investment income and a drop in underwriting gains. Net income fell to $833 million for the quarter ended March …
U.S. companies including insurers and aerospace manufacturers urged federal aviation regulators on Tuesday to speed up the use of drones in disaster response and relief operations in the United States. A report sponsored by the groups and released by the …
