JOHANNESBURG — After losing 53 cars during xenophobic attacks in South Africa in 2019, Johannesburg car dealership owner Okey Uchendu never thought he would see his business destroyed again by civil unrest in less than two years. Already dealing with …
Record high-tide flooding washed over U.S. coasts in the past year, and rising sea levels are expected to send the deluges into streets, homes and businesses even more frequently over the next decade, the National Oceanic and Atmospheric Administration said. …
Almost half (48%) of business insurance buyers say their trust in insurance has increased since the start of the pandemic, but only 54% believe that insurance is meeting their businesses’ challenges very well. A new report from specialty insurer Beazley …
Milliman Appleseed, the new advisory and rating organization of actuarial firm Milliman, is offering insurers a simplified product developed by Swiss Re that makes it easier for insurers to enter the flood insurance market. The product is designed to provide …
Johnson & Johnson is voluntarily recalling five Neutrogena and Aveeno brand aerosol sunscreen products after detecting a cancer-causing chemical in some samples The New Jersey-based company said on Wednesday that consumers should stop using the products and discard them after …
Property/casualty insurers plan to accelerate their use of automation for actuarial work, a new Willis Towers Watson survey found. What’s more, COVID-19 has been a major factor in the trend. The sector’s overall aspirational score (toward wanting more automation) was …
A federal judge has dismissed a Yale University student’s attempt to sue the university for partial compensation for virtual online learning during the height of the pandemic last year. The Yale undergraduate student Jonathan Michel filed a class-action lawsuit against …
Authorities say one man is dead and another injured after their small plane crashed in New Hampshire. WMUR-TV reports the Federal Aviation Administration and the National Transportation Safety Board are investigating the incident, which occurred in Charlestown just after 5:30 …
Maine’s governor plans to host the a virtual summit about the opioid crisis this week. Democratic Governor Janet Mills said she has scheduled the third annual Governor’s Opioid Response Summit for Thursday. She said the event is designed to assemble …
Howden, the London-based insurance group, announced the launch of a Climate Risk and Resilience division. Led by Charlie Langdale, the team will focus on risk transfer products that help to accelerate and de-risk the move towards a low carbon economy, …
