The COVID-19 crisis cost 16 global multiline insurers about $8 billion in 2020, although they still reported substantial net profit of $36 billion, according to a report published by S&P Global Ratings. This net profit figure was down from $56 …
CHENNAI – Ford Motor Co. said it will halt production at its car plant in India’s southern state of Tamil Nadu after workers staged a lunchtime sit-in protest on Thursday, demanding leave and health benefits, as the country battles the …
ISMAILIA, Egypt – The container ship that got stuck in the Suez Canal in March was struggling to steer because of its high speed and the size of its rudder, and could have chosen not to enter the waterway in …
Elzie Ford lost power in his freezing home for nearly a week during February’s catastrophic blackouts in Texas. By the time the 68-year-old widower was found on the floor, his hands were purpled with frostbite. He died the next day. …
Texas Land Commissioner George P. Bush said he is requesting $750 million in federal funds to be sent directly to Harris County after the county and Houston were awarded $0 out of the $1 billion pot in the latest round …
Labor unions and veterans groups are urging North Dakotans who may have been exposed to asbestos to get screened before a new law takes effect that will make it more difficult to sue. Backers of the law, which will bar …
A coalition of internet accountability groups is warning the Biden administration against including liability protections for tech companies in future trade agreements, saying that could hamstring efforts to hold platforms responsible for user content. In a letter sent to President …
K2 Placements and Wealth Advisor Growth Network (WAGN) have partnered on an insurtech platform for wealth managers buying business insurance to protect their firms. The new platform, Advisor Insurance, was designed to simplify the business insurance process for wealth managers …
A fire destroyed at least 18 units at a Nashville, Tennessee, apartment complex Monday night, fire officials said. News outlets reported that fire crews were called to the Brentwood Oaks Apartments around 8 p.m. Fire hydrants close to the building …
The Strengthen Alabama Homes program has funded grants for 3,000 FORTIFIED roofs to help families protect their homes from severe weather, the Insurance Institute for Business & Home Safety (IBHS) said in a statement. The Strengthen Alabama Homes program, which …
