Swiss Re AG’s first-half net income beat estimates, as the re-insurer avoided higher claims from natural catastrophes that have impacted the broader insurance industry. Profit for the second quarter was $996 million, resulting in net income of $2.1 billion for …
Yacht insurance provider OMAC is the carrier on the hull for the Bayesian, a 56-meter-long (184-ft) sailboat, that was hit by a ferocious storm on Monday, sinking off the northern coast of Sicily, two sources with knowledge of the matter …
CHARLESTON, W.Va. (AP) — West Virginia Gov. Jim Justice, deep in the middle of a U.S. Senate race, is also in a mad-dash legal fight to keep a historic West Virginia hotel at his luxury resort before it’s auctioned off …
NEW YORK (AP) — Disney is no longer asking a Florida court to dismiss a wrongful death lawsuit on the grounds that the victim’s family had signed up for its streaming service Disney+. The company filed a notice in Orange …
Atlanta-based Titan Aerospace Insurance, one of the larger aviation insurance brokers, has acquired Plimsoll Specialty Markets, a boutique aviation and aerospace brokerage house also based in Atlanta. Michael Clark, president of Plimsoll, is now president of Titan Specialty Markets, the …
Maine didn’t violate the U.S. constitutional rights of religious schools by requiring them to abide by the state’s antidiscrimination law to receive taxpayer-funded tuition assistance, a federal judge ruled. But the judge also acknowledged that a higher court will ultimately …
A study from RAND found that rising litigation rates, trial awards and claim severity are consistent with the expected effects of social inflation. The study, What Is the Evidence for Social Inflation? Trends in Trial Awards and Insurance Claim Payments, …
California legislators are set to vote on a bill as soon as this week that would broadly regulate how artificial intelligence is developed and deployed in California even as a number of tech giants have voiced broad opposition. Here is …
A federal judge in California on Wednesday dismissed a lawsuit accusing social media platform X of forcing out workers with disabilities after Elon Musk took over the company and barred employees from working remotely. U.S. District Judge Araceli Martinez-Olguin in …
The family of a man fatally shot by a Connecticut police officer as he tried to flee in a stolen car while being attacked by a police dog has filed a wrongful death lawsuit and called Wednesday for a federal …
