Arizona’s top banking and insurance regulator is stepping down for a job in the private sector. Gov. Doug Ducey announced that Keith Schraad was leaving his post Thursday as head of the Arizona Department of Insurance and Financial Institutions. He …
Doctors and other experts say at least 50 more people, many of them elderly or ill, likely died as a result of the 2018 wildfire that devastated the town of Paradise, California, but were not counted in the official death …
American International Group reported fourth quarter 2019 net income of $922 million compared to a net loss of $622 million in the prior-year quarter. The results reflected improvement in its closely-watched General Insurance (property/casualty) division where the insurer posted an …
With the coronavirus outbreak that originated in Hubei province, China, showing no signs of abating any time soon, some companies that buy and sell goods in the Chinese market are taking interest in the legal defense of “force majeure.” The …
Companies that have spent money on a major telecoms conference in Barcelona that has been canceled after mass withdrawals due to the coronavirus outbreak cannot expect compensation under the organizers’ standard insurance, they said on Thursday. The GSMA telecoms body …
E-cigarette maker Juul Labs Inc. bought online advertisements on teen-focused websites for Nickelodeon, Cartoon Network and Seventeen magazine after it launched its product in 2015, according to a lawsuit filed on Wednesday by the Massachusetts attorney general’s office. The allegations …
Businesses looking to buy cancellation insurance for events around the world will not be able to get cover for the new coronavirus outbreak, industry sources said, as insurers rush to exclude the epidemic from their policies. The Shanghai Grand Prix …
Argo Group International Holdings Ltd. is warning that its 2019 fourth quarter will feature some “unacceptable” results, particularly a $114 million underwriting loss. Separately, there are also added expenses relating to the abrupt departure of controversial former CEO Mark Watson …
Two years after a train carrying Republican members of Congress collided with a garbage truck, five passengers have filed lawsuits against the driver, trash company and train conductor. Dana Naylor Jr., 32, was acquitted of involuntary manslaughter after a trial …
The National Weather Service has confirmed that five tornadoes ripped through parts of Maryland on Friday. Multiple news outlets report that the tornadoes were confirmed in Carroll, Cecil, Montgomery and Frederick counties. WBAL-TV reports that the Carroll County tornado had …
