Zurich Insurance posted a record first-half operating profit on Thursday and said it was on track to beat its 2025 targets, but concerns about natural catastrophe losses sent its shares lower. Insurers have benefited from several years of rising premiums …
A group of Western insurers have provided cover for tankers carrying Russian crude, keeping its oil flowing after many in the trade sector withdrew for fear of breaching the rules of a G7 price cap, data from traders and shippers …
A U.S. judge dismissed on Wednesday much of Mexico’s $10 billion lawsuit seeking to hold U.S. gun manufacturers responsible for facilitating the trafficking of firearms to violent drug cartels across the U.S.-Mexico border. U.S. District Judge Dennis Saylor in Boston …
A survey of nearly 1,000 IT and security professionals shows numerous organizations were targeted by ransomware attacks in the past year with a high degree of success, with most paying a ransom—many of which paid multiple times. Semperis, a cyber …
If a property insurer is going to object to an appraisal panel member’s fee arrangement, it must do so early in the process – not after the panel provides an unfavorable, multimillion-dollar appraisal award. That was the word this week …
Recent unannounced inspections of nursing homes across New Mexico found at least one violation in 88% of them, authorities said. State health officials said just 11 of the 91 assisted living facilities received a perfect score, while 55 got a …
The pandemic changed where Americans are likely to live and work, with a growing portion of job openings moving away from the biggest cities and into smaller metro areas, according to a Federal Reserve Bank of New York . Job …
The Colorado funeral home owners who allegedly stored 190 decaying bodies and sent grieving families fake ashes were ordered by a judge to pay $950 million to the victims’ relatives in a civil case, the attorney announced. The judgment is …
XPT Specialty, headquartered in New Haven, Connecticut, appointed Tyler Myers as transportation underwriter. Myers has over 10 years of experience as a broker specializing in underwriting commercial automobile risks. He began his career as an associate underwriter at Burns & …
State environmental officials in Maine on July 30 denied petitions from corporate owners of three Bucksport-area dams to forfeit ownership. It was the second time within a week that the state Department of Environmental Protection identified deficiencies in the applications …
