Families of 20 Gambian children who died after consuming cough syrups made in India will take their government to court this month for allegedly mishandling drug imports – a rare step in one of Africa’s poorest countries, where few have …
The Clear Group, the London-based independent broker, announced the acquisition of One Commercial Specialty Ltd., a speciality lines managing general agent. This represents the Clear Group’s second MGA deal and is a continuation of its strategy to build a market-leading …
A New York state appellate court has upheld the constitutionality of the Child Victims Act (CVA) which granted a one year extension of the state’s statute of limitations for victims of childhood sexual abuse to bring court actions. The court …
Remote work risks wiping $800 billion from the value of office buildings in major cities, highlighting the potential losses that landlords are facing from post-pandemic changes in employment trends. COVID-19’s push toward hybrid work has driven the need for office …
A top buyer of Russian oil is bracing for trading trouble as the price of Urals, the country’s main export grade, breaks through a $60-a-barrel cap set by Western nations to curb Moscow’s revenue. India and China have been the …
LITTLE ROCK, Ark. (AP) – Medical marijuana sales in Arkansas are on track to set a new record this year, state officials said. From January through June, patients spent $141 million to buy a little more than 29,000 pounds of …
While no one directly asked the question of this article’s headline at the S&P Global Ratings June annual insurance conference, the prospect that an outlook change is near came into view during the industry meeting. During a panel on property/casualty …
MADISON, Wis. (AP) – A 16-year-old boy killed in an accident at a Wisconsin sawmill appears to have been doing work allowed by state child labor laws when he was injured, police records obtained Tuesday show. Michael Schuls was attempting …
CHICAGO (AP) – A tornado touched down Wednesday evening near Chicago’s O’Hare International Airport, prompting passengers to take shelter and disrupting hundreds of flights. There were no immediate reports of injuries. A confirmed tornado was on the ground around 7 …
After four years of unparalleled underwriting profitability ending in 2021, the property/casualty market is headed for a second straight year of underwriting losses, according to the newly released S&P Global Market Intelligence report. S&P’s “2023 U.S. P&C Insurance Market Report” …
