Amerisafe Inc. on Wednesday reported fourth-quarter earnings of $34 million. The Deridder, Louisiana-based company said it had profit of $1.76 per share. Earnings, adjusted for investment gains, were $1.70 per share. The results topped Wall Street expectations. The average estimate …
A federal judge has ruled the U.S. Army Corps of Engineers isn’t liable to damage to thousands of Houston homes that were inundated by two federally owned reservoirs in the days following Hurricane Harvey because they would have flooded regardless. …
U.S. legislation will be introduced in the coming weeks that could hurt technology companies’ ability to offer end-to-end encryption, two sources with knowledge of the matter said, and it aims to curb the distribution of child sexual abuse material on …
With the threat of spring flooding looming, Minnesota Gov. Tim Walz has asked lawmakers to approve $30 million to replenish a state disaster aid fund that was drained by a string of disasters last year. Walz said an updated flood …
State Auto Financial Corp. reported fourth-quarter net income of $32.7 million, after reporting a loss in the same period a year earlier. The Columbus, Ohio-based company said it had net income of 72 cents per share. Earnings, adjusted for investment …
A fund that offers only fire insurance to California residents in wildfire-prone areas can’t be required to provide coverage for other hazards such as flooding or theft, a judge ruled this week. Superior Court Judge Mary Strobel this week issued …
New Mexico Attorney General Hector Balderas has filed a lawsuit against Google LLC alleging the tech giant is illegally collecting personal information from New Mexico school children under 13 in violation of the Federal Children’s Online Privacy Protection Act and …
U.S. workplaces have gotten a lot safer over the course of the past century. In 1913, the Bureau of Labor Statistics estimated that there were 23,000 “industrial deaths,” or 61 for every 100,000 workers. In 2018, the number of what …
S&P Global Ratings said that even though Swiss Re performed materially below expectation for its 2019 earnings, the ratings agency expects the group to maintain its risk-based capital above the “AA” level, which supports the “AA-” long-term ratings and stable …
Axel Theis (62), member of the board of Allianz SE responsible for insurance in German-speaking countries and Central and Eastern Europe, is retiring at his own request on March 31, 2020 after more than 33 years at Allianz. The Allianz …
