Insurance agents in flooded parts of Kentucky reported Monday that their towns had been inundated with river water and mud – but few residents have flood insurance. “From what I know, almost no one has flood insurance, and they got …
Arachas Corporate Brokers Ltd., a Dublin-based subsidiary of The Ardonagh Group, announced it has reached an agreement to acquire Ireland’s Frank Glennon Ltd., Frank Glennon (Life & Pensions) Ltd., and Administration and Management Services Ltd. Glennon Insurances is a trusted …
Wildfires in California and Montana exploded in size overnight amid windy, hot conditions and were quickly encroaching on neighborhoods, forcing evacuation orders for over 100 homes Saturday, while an Idaho blaze was spreading. In California’s Klamath National Forest, the fast-moving …
Under Armour has agreed to pay UCLA $67.49 million to resolve a lawsuit filed two years ago. UCLA filed a lawsuit against Under Armour in August, 2020, in U.S. District Court in Los Angeles for breach of contract, seeking damages …
Three hostile foreign actors breached the federal courts document management system via “an incredibly significant and sophisticated” cyberattack more than 18 months ago, the chairman of the House Judiciary Committee said on Thursday. Representative Jerrold Nadler, a New York Democrat, …
Connecticut’s Bond Commission approved $20 million in borrowing Friday for the purchase of equipment designed to help prevent drivers from going the wrong way down the state’s highways after nearly a dozen wrong-way crashes led to 20 deaths this year. …
The UK’s heat wave earlier this month fueled so many blazes in London that the city’s fire service was busier than any day since Nazi attacks in World War II. More than 840 people may have died in England and …
Global commercial insurance prices increased 9% in the second quarter of 2022 (down from an 11% increase in Q1), continuing a trend of moderating rate increases that began in Q1 2021, according to the Global Insurance Market Index released by …
Ukraine made its first shipment of grain since Russia’s invasion, marking a small but crucial first step toward unlocking the millions of tons of crops piling up in the country and boosting global food supplies. The Razoni, a cargo ship …
AM Best has placed under review with negative implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of Fidelis Insurance Bermuda Ltd., Fidelis Underwriting Ltd. (in the UK) and Fidelis Insurance Ireland …
