While Bayer AG said it took a major step toward wrapping up litigation over its Roundup weedkiller with a settlement of almost $11 billion, the company still faces about 30,000 unresolved cancer claims that could cost billions, and lawyers are …
SANTIAGO— Unionized mine workers in Chile late on Wednesday demanded an investigation into the death of a third miner from coronavirus at state-run Codelco, increasing pressure on the world´s largest copper producer as cases soar throughout the South American nation. …
The Insurance Information Institute, since 1960 a source of insurance data and information for the media and consumers, has agreed to affiliate with The Institutes, an expanding education, research, event and publishing organization that includes the CPCU Society. The boards …
At least 21 shipping containers fell from overboard into the ocean near Hilo this week, the U.S. Coast Guard said. Nine of the 40-foot shipping containers were located and 12 remained missing, the Coast Guard said. The crew of the …
The family of a North Carolina man killed by a police officer during a traffic stop in Washington state filed a $28 million wrongful-death claim. The family of 26-year-old Said Joquin filed the claim against the city of Lakewood, its …
Orchid Underwriters Agency, LLC, an independent managing general underwriters focused on catastrophe-exposed residential and commercial lines properties, has launched CrossCover Insurance Services, a new MGU that will underwrite middle-market commercial properties for wholesale broker clients. Formed in partnership with Scott …
This story has been updated from an earlier version: Floridians traveling to the New York City area will be required to quarantine as Florida’s new confirmed coronavirus cases skyrocketed by 5,500 Wednesday, a 25% jump from the previous one-day record …
The Surplus Lines Stamping Office of Texas (SLTX) says some elements of its new online filing system, SMART, were released on June 12. Surplus lines agents and brokers who file policies with SLTX using automated filing now have the opportunity …
AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb” of MGA Insurance Co. Inc. (MGA), …
A recalled bagged salad distributed to a dozen Midwestern states by grocery stores has sickened 122 people in seven states and sent 19 to the hospital, the U.S Centers for Disease Control and Prevention said. The salad distributed by Hy-Vee, …
