Global commercial insurance prices increased 15% in the third quarter of 2021, which was the same rate of increase recorded in the previous quarter, according to the Global Insurance Market Index released by insurance broker Marsh. While this is the …
Britain’s financial watchdog said on Tuesday it won’t stop insurer LV= from proceeding with the disputed sale of its pensions and life insurance business to U.S. private equity company Bain Capital. LV=, founded in 1843 and formerly known as Liverpool …
Reinsurers’ plans to continue raising premium rates during the January 2022 renewals are likely to contribute to stronger profitability and an improving sector outlook, according to Fitch Ratings. Fitch said it expects double-digit percentage premium rate rises for property catastrophe …
Parametric catastrophe insurer CCRIF continues to strengthen Belize’s early warning systems for rainfall and climate forecasting with a new grant of US$43,140. This grant brings CCRIF’s Belize contributions to US$143,000, which began helping the country purchase and install automatic weather …
SYDNEY – A small Australian publisher is calling for the government to enforce a new law to compel Facebook Inc to negotiate a content deal, prompting the architect of the rule to say he was “concerned” about the social media …
Storms that hit southern Ontario on Sept. 7 and Sept. 22 caused C$105 million (US$84.9 million) in insured damage, according to the Insurance Bureau of Canada (IBC), which quoted initial estimates from Catastrophe Indices and Quantification Inc. (CatIQ). These storms …
A reward is being offered as investigators try to find whoever has set at least a dozen barn fires at northern Indiana farms this year. The Farm Bureau groups in Elkhart, Kosciusko, St. Joseph and Marshall counties created a $10,000 …
Kansas law enforcement agencies have received hundreds of complaints of bias over the past 10 years, but records available to the public show only two alleging racial bias resulted in consequences for officers, an Associated Press examination of the data …
The U.S. Department of Labor’s Occupational Safety and Health Administration said it has given MooreCo Inc., a Temple, Texas furniture design and manufacturing company, several opportunities to stop exposing its workers to amputation hazards, but an investigation into a recent …
North Carolina authorities announced Monday that a Raleigh man has been charged with falsely claiming that two Rolex watches had been stolen, an apparent ruse to gain insurance payments. James Henry Weeks III, 47, was charged with insurance fraud and …
