Tropical Storm Epsilon has formed in the central Atlantic and will move northwest, probably growing into a hurricane as it nears Bermuda late this week. Epsilon’s winds have reached 40 miles (64 kilometers) per hour southeast of Bermuda, the U.S. …
Automobile insurance startup Root Inc. said on Tuesday it plans to raise as much as $604.1 million in its initial public offering on the Nasdaq, the latest in a line of insurers looking to tap the current boom in U.S. …
HDI Global Specialty SE is entering the German Fine Art and high net worth insurance market with the appointment of Dr. Alexander Wiebe from AXA. He joins the specialty lines insurer as head of Fine Art & Lifestyle Continental Europe, …
Brexit could one day give the European Union an opportunity to challenge the City of London’s dominance as a global financial hub. Right now, however, the EU is in no condition to take advantage. As talks on Britain’s future relationship …
Japan said on Tuesday it would take countermeasures to ensure next year’s Tokyo Olympics are not derailed by cyber attacks after Britain and the United States accused Russia of orchestrating efforts to disrupt the Games. Olympics organizers reported no significant …
Four people have been charged in what prosecutors say was a staged wreck that was settled for $4.7 million. The indictment brought the total to 32 people accused of faking accidents with tractor-trailers to get insurance money, federal prosecutors in …
The dean of South Carolina’s largest law school is apologizing for forwarding an email that contained the names of students who failed the exam to become a lawyer and the confidential bar exam grades of every student. University of South …
Sompo International Holdings Ltd. has launched a new directors and officers liability insurance policy form for publicly-traded companies in the U.S. Sompo’s public D&O product is the latest addition to the existing Sompo International Management Assurance Platform (MAP). Introduced in …
Damage estimates from a rare windstorm that slammed Iowa and some other parts of the Midwest in August are growing, with the total now at $7.5 billion, according to a new report. The Aug. 10 storm hit Iowa hard but …
Officials for a South Carolina school district say it could cost up to $3 million to fix damage and prevent the future spread of mold that was discovered in two buildings. Construction workers found the mold from high water activity …
