PETROPOLIS, Brazil (AP) – Rio de Janeiro state’s government has confirmed 105 deaths from floods and mudslides that swept away homes and cars in the city of Petropolis. But even as families prepared to bury their dead, it was unclear …
German insurer and asset manager Allianz ALVG.DE on Thursday said it would set aside 3.7 billion euros ($4.20 billion) to deal with investigations and lawsuits resulting from the collapse of a multi-billion-euro set of investment funds. The provision resulted in …
In a case that went all the way to the federal appeals court level, a panel of judges has found that GEICO General Insurance adequately investigated a Florida claim after an insured motorist killed a cyclist, and did not act …
The Liberty Insurance Brokers named Sonia Ahuja chief operating officer. Ahuja has more than 25 years of experience in the industry, with prior stops at Venbrook Insurance Group, Farmers Financial Services, Cetera Financial Group, Wells Fargo Advisors, and AIG. The …
The failure to follow lockout/tagout procedures was directly connected to the death of a worker in Sumas, Washington, when an agitator arm inside a tank he was cleaning turned on, according to the Washington State Department of Labor & Industries. …
The National Highway Traffic Safety Administration (NHTSA) said Thursday it is opening a formal investigation into 416,000 Tesla vehicles over reports of unexpected brake activation tied to its driver assistance system Autopilot. The preliminary evaluation covers 2021-2022 Tesla Model 3 …
Climate change could result in the financial toll of flooding rising by more than a quarter in the U.S. by 2050, according to new research. The research, led by the University of Bristol and published in Nature Climate Change, also …
Peter Zaffino, CEO of American International Group (AIG), said the company’s ongoing analysis of the increased frequency and severity of natural catastrophes has led to a decision to move the high-net worth homeowners business to excess and surplus lines in …
Insurer groups this week sought to take their battle with Washington Insurance Commissioner Mike Kreidler to the Supreme Court of Washington. The American Property Casualty Insurance Association, the Professional Insurance Agents of Washington, and the Independent Insurance Agents and Brokers …
Declaring “no cover-up will be tolerated,” Louisiana’s top GOP lawmaker announced a bipartisan legislative investigation into the deadly 2019 arrest of Black motorist Ronald Greene, an inquiry that will examine the state’s response at “all levels,” from troopers to the …
