Insurance giant AIA Group Ltd. is in talks to purchase an office at a prime location in Shanghai as it expands business in China, according to people familiar with the matter. The Hong Kong-based insurer is considering buying SIIC Center, …
Alex Jones is facing a hefty price tag for his lies about the Sandy Hook Elementary School massacre – $49.3 million in damages, and counting, for claiming the nation’s deadliest school shooting was a hoax – a punishing salvo in …
Ukrainian officials said Russian forces shelled the area around Europe’s largest nuclear plant for a second day, hours after the head of the UN’s atomic safety agency warned of “potentially catastrophic consequences.” Russian shells landed near spent nuclear fuel stored …
Energy pipeline operator Energy Transfer has disclosed a pipeline rupture in Louisiana last month that released 8.2 million cubic feet of natural gas, according to a report filed with the U.S. National Response Center. The July 22 leak, the equivalent …
Two crashes involving Teslas apparently running on Autopilot are drawing scrutiny from federal regulators and point to a potential new hazard on U.S. freeways: The partially automated vehicles may not stop for motorcycles. The National Highway Traffic Safety Administration sent …
The U.S. captive insurance market segment continued to generate profits and surplus gains in 2021 while outperforming the commercial market, according to a new AM Best report. The Best’s Special Report, “U.S. Captive Insurance: Stepping In Amid Capacity and Pricing …
A judge handling a trial over liability for lead contamination in Flint’s water sealed the transcript of a hearing with lawyers, a conference held this week while jurors were on an 11-day break from deliberations. A docket entry indicates the …
Malaysia will offer government-backed insurance plans to help compensate farmers for losses after natural disasters, as part of measures to strengthen food security. The Agro-Food Takaful Insurance Scheme will be launched through the Ministry of Agriculture and Food Industries and …
At a recent workshop held by the Florida Office of Insurance Regulation, a claims specialist for USAA summed up the conundrum that property insurers are about to face when asked to report the other side’s legal fees in claims disputes. …
Fire tore quickly through a house in northeastern Pennsylvania early Friday, killing seven adults and three children and horrifying a volunteer firefighter who arrived to battle the blaze only to discover the victims were his own family, authorities said. The …
