A Connecticut city will pay $5 million to the family of a teenage girl stabbed to death at her high school to settle a lawsuit alleging the district did not properly respond to threats posed by the killer, attorneys for …
Piracy has surged this year along Southeast Asia’s straits of Malacca and Singapore, one of the world’s busiest trade routes, according to a watch group that tracks maritime security. Incidents along the shipping choke point have risen to 30, from …
A passenger plane carrying nearly 100 people crashed near the city of Almaty in Kazakhstan on Friday after take off, slamming into a house in an accident that killed 12 people and injured dozens. The Fokker 100 aircraft, operated by …
The fourth and final insured property loss estimate for the hailstorms that hit the greater Sydney region in December 2018 rose to A$798 million ($553.2 million), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. This …
The heads of Japan Post Holdings Co Ltd and two affiliates said on Friday they will resign over the improper sales of insurance policies, after the regulator announced administrative punishments against the companies. Japan Post Holdings said it had picked …
Providing an annual update of its study of the impact of catastrophic events on global GDP, researchers from the University of Cambridge find that roughly $584 billion could be wiped from the global economy from such events in 2020. According …
Bob Vetter has been appointed vice president and branch manager in the Indiana branch of property/casualty insurer Erie Insurance. Vetter joined ERIE as a commercial underwriter in 1993, later becoming district sales manager in Indiana. He has served as a …
The insurance committee in the Texas House of Representatives will hold a hearing on Jan. 15 to consider the state of rulemaking and other governmental actions with regard to legislation passed in 2019 affecting Texas’ property insurer of last resort …
United Airlines has agreed to settle a sexual harassment lawsuit over a captain who continued to post explicit images of a flight attendant online without her consent even after the attendant complained. The airline will pay $321,000, plus attorney’s fees, …
In recent years, much of the commentary about climate change has gone from sternly serious to wildly despairing. A new report from the United Nation’s Intergovernmental Panel on Climate Change warns that the effects of climate change are accelerating and …
