Heavy rains caused widespread flooding and prompted some evacuations and rescues in western Pennsylvania, but no major injuries were reported. Forecasters said a stalled system resulted in conditions more similar to winter than summer and dumped as much as five …
Every 21 seconds someone in the United States calls a poison control hotline because of a medication error. A recent study from Nationwide Children’s Hospital, published by Clinical Toxicology, found a 100 percent increase in the rate of serious medication …
A Maryland county is hosting a disaster assistance center in response to damage from last week’s tornado. The Queen Anne’s County Department of Emergency Services opened Thursday, July 27, and will stay open through Thursday, August 3. It will be …
Vermont has no direct safety oversight of the rides at the fairs, carnivals and field days held across the state every summer and fall, and efforts to require such oversight have gone nowhere, officials said. The state does require amusement …
Weather-related losses and a competitive reinsurance business nudged W.R. Berkley Corp.’s 2017 second quarter combined ratio higher. But a nearly five percent growth investment income and gains in specialty business helped keep net income steady. W.R. Berkley booked $109 million …
Australia’s New South Wales (NSW) government will inspect more than 1,000 residential and commercial towers that may have potentially unsafe cladding and introduce new fire safety reforms to avoid a deadly inferno such as the Grenfell Tower fire in London. …
When Anbang Insurance Group Co. agreed to buy New York’s iconic Waldorf Astoria hotel for $1.95 billion in 2014, the world took notice. It was a defining moment in the global rise of China Inc., a deal that would help …
THB, the London-based specialist insurance and reinsurance broker, announced the appointment of Rodrigo Botelho as director, European division, from Oct. 1, 2017. Based in THB’s Amsterdam office, Botelho’s duties will include targeting new markets in the Portuguese-speaking countries of Africa. …
Dale Underwriting Partners, managed by Lloyd’s third party managing agency Asta, announced it has been granted “in principle” approval by the Lloyd’s Franchise Board to establish a special purpose arrangement (SPA). The SPA will support a portfolio of contingency and …
Billionaire Guo Guangchang, whose Fosun International Ltd. is under scrutiny by Chinese authorities over its foreign mergers and acquisitions, said the government’s clampdown on outbound investments is necessary to take to protect the economy. “The recent scrutiny on overseas investments …
