A powerful 7.1 magnitude earthquake struck the northern Philippine island of Luzon on Wednesday killing four people, damaging buildings and sending strong tremors through the capital, Manila. Two people were killed in Benguet province, one in Abra province, and one …
Insured losses from global natural disaster events were estimated at $39 billion during the first half of 2022, 18% higher than the 21st century average of $33 billion, driven by persistent severe convective storm (SCS) events, according to Aon in …
Jurors heard closing arguments last week in the only trial to arise thus far from the Flint water crisis, a dispute over whether two engineering firms should be held partially responsible for the city’s lead contamination in 2014-15. Attorneys representing …
An employee of Silver Dollar City near Branson, Missouri has died from head injuries while working at the park, federal officials said. The employee was hospitalized Wednesday with “head injuries allegedly sustained during maintenance and testing of a rollercoaster,” said …
A grass fire apparently sparked by a mower swept about 300 yards across a tinder-dry open field to a suburban Dallas subdivision Monday, burning through wooden fences and torching as many as 20 homes, officials said. The blaze in Balch …
Global Risk Partners (GRP), part of Brown & Brown, announced it has acquired the general insurance portfolio of Woodward Markwell Insurance Brokers Ltd. (WM Brokers Ltd). The deal marks GRP’s 100th acquisition since 2013, when the business was founded. Financial …
Ford Motor Co.’s hot-selling Bronco sport-utility vehicle is the subject of a safety investigation by federal regulators for catastrophic engine failure that can cause the vehicle to lose power at highway speeds. The US National Highway Traffic Safety Administration said …
Teva Pharmaceutical Industries on Tuesday announced a $4.35 billion proposed nationwide settlement that could resolve thousands of lawsuits over the drugmaker’s alleged role in the U.S. opioid epidemic. The proposal calls for Teva to pay state and local governments up …
California Insurance Commissioner Ricardo Lara on Tuesday sent out a message to residents in Mariposa County who have been ordered to evacuate due to the Oak Fire that they may have homeowners or renters insurance to help with evacuation and …
Chubb Ltd. late Tuesday said second quarter net income was about $1.22 billion, more than a 46% fall from $2.27 billion in net income logged during the same period a year ago. The insurer said it lost $565 million after …
