South Dakota farmers have reported about 57,000 acres of crops damaged by an herbicide called dicamba. Dicamba is an herbicide widely used to kill weeds in soybeans genetically modified to be resistant to the herbicide, the Pierre Capital Journal reported. …
American International Group Inc. said it would include cyber coverage to its commercial casualty insurance during the first quarter of 2018, a move that would boost rates but make it clearer how customers are covered if they are the victim …
XL Catlin’s insurance operations announced the appointment of Max Broodryk as product leader of Cyber Risk, International Financial Lines for Asia Pacific, based in Sydney. In this role, Broodryk will be responsible for underwriting management and development of the Cyber …
In an unpublished opinion decided Oct. 24, the Oklahoma Supreme Court ruled that a state law aimed at curtailing the filing of medical malpractice lawsuits is unconstitutional. The Court came to that conclusion in reviewing John v. Saint Francis Hospital, …
Chubb, like other property/casualty insurers and reinsurers, faced significant catastrophe losses from hurricanes and earthquakes that struck in August and September. The insurer reported a net loss of $70 million for the quarter. The results are a fall from a …
A magnitude 3.9 earthquake hit southeastern Alaska early Thursday morning, the U.S. Geological Survey confirmed. The USGS says the earthquake struck at 1:01 a.m. and had an epicenter 47.6 miles southwest of Port Alice, a town of about 805. The …
The costs of emergency police, fire and other services related to the Las Vegas shooting massacre were projected Wednesday at about $4 million and climbing. The disclosure came amid pledges by the federal government to provide $1 million, and from …
The property insurance market’s losses from the series of earthquakes to hit Central Italy between Oct. 26 and Oct. 30, 2016 has risen to €208 million (US$244.4 million), according to PERILS, the independent Zurich-based organization that provides industry wide catastrophe …
Aetna Inc. gained in New York trading after the Wall Street Journal reported that CVS Health Corp. is in talks to buy the insurer for more than $66 billion. Aetna jumped 12 percent to $178.60, closing at a record high, …
U.S. President Donald Trump declared the opioid crisis a public health emergency on Thursday, stopping short of a national emergency declaration he promised months ago that would have freed up more federal money. Responding to a growing problem, particularly in …
