Demex Group raised $5 million from a syndicate of existing and new investors the company says will address accumulating losses caused by secondary perils. The managing general agent, which “operates at the intersection of climate, insurance, and technology,” last year …
The UK needs to accelerate reforms to help attract more investments, according to Legal & General Group Plc Chief Executive Officer Nigel Wilson. The Mansion House speeches on policy reforms in July have been very positive, but the government needs …
A criminal prosecution against a Tesla driver in Los Angeles County could end next month, the final step of a case believed to be the first time in the U.S. prosecutors brought felony charges against a motorist who was using …
Workplace shootings, more common than ever now, may happen in the course and scope of employment. But do they have to be work-related to make the victims eligible for workers’ compensation benefits? That’s the question that a Florida appeals court …
Towerstone acquired Fortuna General Insurance in Simi Valley, California. The partnership allows the company to take advantage of Fortuna’s wide array of carrier and broker relationships and its expertise in the property insurance market. Fortuna will operate as Fortuna General …
Children who lived closer to natural gas wells in heavily drilled Pennsylvania were more likely to develop a relatively rare form of cancer, and nearby residents of all ages had an increased chance of severe asthma reactions, researchers said in …
A woman who fractured her left ankle during a trip with her husband to the Italian food emporium Eataly in Boston last year is blaming her injury on a piece of ham. Alice Cohen was heading to an area where …
The owners of a home that exploded in western Pennsylvania last weekend were having issues with their hot water tank, authorities said, but the cause of the blast that killed five people — including two municipal officials —remains under investigation. …
Hawaii Gov. Josh Green announced the confirmed death toll had risen from the destructive wildfires in the island-state to more than 100 in an late Tuesday, saying, “We are heartsick that we’ve had such loss.” The Associated Press is reporting …
A North Carolina insurance agent has been charged with fraud after allegedly backdating an auto policy, to show that a friend was covered at the time of an accident. The North Carolina Department of Insurance reported this week that motorist …
