Commercial ships face increasing dangers at sea after armed groups have attacked and seized vessels in waters around the Red Sea and off the coast of Yemen, adding to perils for seafarers, shipping officials said on Wednesday. An attempted hijacking …
Gujarat International Finance Tec-City, India’s newest financial hub and a flagship project of Prime Minister Narendra Modi, is preparing for its next phase of growth. The first phase followed the creation in 2020 of a new regulator, the International Financial …
AM Best reported a net underwriting loss of $333 million for the U.S. nonstandard auto insurance segment during the first half of 2023 — a year-over-year improvement from the $773 million loss seen in the first six months of 2022. …
Overall commercial property/casualty premiums increased slightly more than 8% on average in the third quarter, marking six full years of steady increases. According to The Council of Insurance Agents and Brokers’ Q3 Market Survey, the 8.1% average increase in Q3 …
Members from several insurtechs, including Boost, Branch, Clearcover, Lemonade and Root Insurance, published an open letter to the insurance industry announcing the launch of the InsurTech Coalition, a trade organization working to shape the future of insurance. The letter states …
A ransomware attack has prompted a healthcare chain that operates 30 hospitals in six states to divert patients from at least some of its emergency rooms to other hospitals, while putting certain elective procedures on pause, the company announced. In …
In what could be seen as a rare win for the claimants’ bar in Tennessee, the state Supreme Court upheld a $50,500 award of attorney fees, an amount that is almost double the workers’ compensation benefits paid to the injured …
New York drivers who renewed their licenses during part of the coronavirus pandemic face license suspensions on starting Friday, December 1, if they don’t submit vision tests, the state Department of Motor Vehicles warned. Nearly 51,000 drivers statewide could have …
A woman who was shocked in the back with a Taser while lying on the ground in Pueblo, Colorado, last year is suing the police officer who stunned her and the city`s police chief, accusing the police department of failing …
Roommates who are suing a Maryland county claim police officers illegally entered their apartment without a warrant, detained them at gunpoint without justification and unnecessarily shot their pet dog, which was left paralyzed and ultimately euthanized. The dog, a boxer …
