“Go Set a Watchman” isn’t the only book this year that brings new perspective to an old story line. “Climate Shock: The Economic Consequences of a Hotter Planet” should shift our narrative on climate change. The old story line: People …
Progressive Corp., the fourth-largest U.S. auto insurer, said second-quarter profit rose 24 percent after an acquisition that pushed the company into homeowners coverage. Net income climbed to $363.3 million, or 62 cents a share, from $293.4 million, or 49 cents, …
Clearwater, Florida-based Heritage Property & Casualty Co. said it has applied to expand into North Carolina, South Carolina, Massachusetts and Rhode Island. “The entry into complementary coastal states positions Heritage for new growth opportunities and is an important step toward …
General Motors Co. customers suing over faulty ignition switches lost their bid for access to witnesses interviewed by the government in a probe of the automaker, a U.S. judge said. The customers, who are demanding as much as $10 billion …
A U.S. judge on Tuesday cut a copyright infringement verdict by more than $2 million against recording stars Robin Thicke and Pharrell Williams over their 2013 smash hit “Blurred Lines,” but offered Marvin Gaye’s heirs a 50 percent royalty on …
Nestle Purina Petcare Co.’s Beggin’ dog treats may fool dogs into thinking they are mostly made of real bacon, but a federal lawsuit claims that humans may be misled too. The proposed class action by Paul Kacocha of Dutchess County, …
A European task force set up to look into safety after the Germanwings crash on March 24 has made six recommendations that will now be reviewed by the European Commission. The task force representing airlines, crew, doctors and authorities was …
El Niño years bring disruptive weather, such as floods and drought, but have an added benefit of leading to fewer than average tropical cyclone landfalls, according to predictions issued by the Guy Carpenter Asia-Pacific Climate Impact Centre (GCACIC). As a …
Japanese insurers including MS&AD Insurance Group Holdings Inc. and Sompo Japan Nipponkoa Insurance Inc. are seeking mergers with peers in the United States, as a declining population at home forces them to pursue markets that are growing overseas. Prime Minister …
The reinsurance industry has seen more strategic restructuring within many Florida reinsurance programs in the first half of 2015, with commensurate gains for shareholders and policyholders, according to the latest Insurance Linked Securities (ILS) report from Willis Capital Markets & …
