Sports-related brain injuries are one of the top emerging insurance claims in the U.S. and the U.K., according to a report published by S&P Global Ratings. While the potential risk of such liability claims is rising rapidly, S&P did not …
Police in Vermont say a car ended up almost vertical when the driver swerved quickly in response to her GPS ordering her to “turn around.” The car was suspended almost vertically on guy wires attached to a utility pole in …
Fosun Group, one of China’s most acquisitive conglomerates, is preparing to sell as much as 40 billion yuan ($6 billion) in assets as it focuses on raising its credit rating to above junk. After announcing more than $15 billion in …
Sompo Canopius* AG has appointed Paul Kedney as chief commercial officer. Kedney will join the group’s executive committee and work closely with Stuart Davies, group chief executive officer, and Mike Duffy, group chief underwriting officer. Previously actuarial and risk director …
Two sisters from New Jersey have received a $9.5 million jury award stemming from a 2009 boat collision that left them with serious injuries and killed one of their friends. Jamie and Gina Franzino, of Mahwah, were aboard a 15-foot …
Red-light cameras are widely hated, but a new study says getting rid of them can have fatal consequences. Traffic deaths from red-light-running crashes go up by nearly a third after cities turn off cameras designed to catch motorists in the …
Uber Technologies Inc. can’t require a Connecticut customer accusing the company of price-fixing to resolve the fight in arbitration, a federal judge ruled in one of several cases challenging the ride-hailing company’s efforts to steer disputes of all kinds away …
A federal judge ruled Friday that the insurance carrier for NASCAR driver Tony Stewart does not have to defend or indemnify him in a lawsuit brought by the family of a driver who died after being struck by Stewart’s car …
