Minneapolis will have to look beyond its insurance fund to pay out the $27 million settlement to George Floyd’s family over his killing by police last year. The settlement, one of the largest pre-trial payments for police misconduct ever, will …
The state of Pennsylvania will pay $475,000 to the estate of a man who died underneath a bulldozer that Pennsylvania State Police had used to chase him for growing a handful of marijuana plants, according to a settlement revealed in …
A 21-year-old man who suffered a medical emergency during firefighter training in upstate New York died nine days after being stricken. Peyton Morse died at Guthrie Hospital in Sayre, Penn., according to fire officials. He had been training to become …
U.S. automotive safety regulators reviewed evidence related to an allegedly defective steering sensor that was used in roughly 778,000 older General Motors Co vehicles but ultimately decided against opening a formal investigation into the matter. The National Highway Traffic Safety …
On a clear afternoon in November 2014, Glenda Marie Buchanan set off in her silver Chevrolet Trailblazer SUV from her home in rural Georgia. Several minutes into the drive, she started veering off the road. Buchanan swerved left and lost …
With the volume of premium generated by managing general agents and other delegated underwriting authority enterprises (DUAEs) rocketing skyward in recent years, AM Best had decided it is time to deliver assessments of these entities. “What we’ve seen is really …
Coalition, a cyber insurance managing general agency and security company, said it has raised $175 million to accelerate its growth and global expansion. The firm said it will use the funds to expand internationally as well as into other commercial …
With the sophistication of cyber attacks, claims growth, and now, a global pandemic driving an increasing number of businesses toward remote work, it’s no question the cyber insurance industry has had to evolve rapidly since its onset. However, Steve Robinson, …
Funds investing in “brown” or polluting companies would be hit far harder than environmentally friendly “green” funds in a climate-related market shock, the European Union’s securities watchdog said on Wednesday in its first study of its kind. Brown funds spread …
SAN FRANCISCO (AP) — The last vacation Margrit and Lucio Gonzalez took together began with an ominous delay: a medical emergency on the cruise ship they were set to board. After a four-hour wait, the couple of 51 years got …
