Highly profitable sub-90 personal auto combined ratios recorded by 10 publicly traded property/casualty insurers in 2020 don’t look anything like the 106 recorded in 2016. But they’re headed in that direction, Fitch Ratings analysts suggest. Competitive pricing forces and a …
Detroit has down 6,200 doses of the newly authorized Johnson & Johnson coronavirus vaccine, favoring shots from Pfizer and Moderna, but said Friday it will accept J&J doses in the state’s next allocation. Mayor Mike Duggan had said Thursday that …
An aide who was fired by Republican state Sen. Wendy Rogers on Wednesday filed a $500,000 claim against the state for wrongful termination and harassment he says were caused by the senator. The claim is a required step before Michael …
Swiss Re has entered into a strategic partnership with ICEYE, a commercial satellite operator and satellite-based flood monitoring provider. Building on ICEYE’s innovative technology, the partnership will advance flood risk management, assist disaster response and speed up claims’ payments globally …
The Willows Inn, a nationally acclaimed restaurant on Lummi Island in Washington that has been accused of underpaying its employees, has agreed to pay $600,000 to settle a class-action lawsuit over wage theft accusations. As part of the preliminary settlement, …
Seven people were injured in a natural gas explosion near Houston, including one person who was flown to a hospital for treatment, officials said. Workers for Comcast struck a gas line while working in Klein on Friday, news outlets reported. …
MECENCANI, Croatia – After the deadly earthquake came the sinkholes. A central Croatian region about 40 kilometers (25 miles) southwest of the capital, Zagreb, is pocked with round holes of all sizes, which appeared after December’s 6.4-magnitude quake that killed …
Howden Broking announced that it has acquired independent superyacht insurance broker Sturge Taylor & Associates (STA Group). STA Group will become part of Howden and will operate under the new trading name Howden Sturge. This acquisition further underlines Howden’s drive …
Long before Credit Suisse Group AG was forced to wind down a $10 billion group of funds it ran with financier Lex Greensill, there were plenty of red flags. Executives at the bank knew early on that a large portion …
One construction worker was killed and a second was critically injured in Cambridge, Massachusetts, on Wednesday morning when a section of the concrete stairwell in a city-owned parking garage collapsed, authorities said. “At least a ton” of steel and concrete …
