Specialist insurer Tokio Marine Kiln has appointed Charlotte Pritchard as an underwriter within its Special Risks team. Pritchard will focus on all aspects of special risks, including political violence and accelerating the growth of TMK’s terrorism book. She will report …
The pilot of the helicopter that crashed and killed Kobe Bryant and eight others was almost out of blinding clouds when he suddenly plunged and crashed into a Southern California hillside, investigators and aviation experts indicated. Ara Zobayan had told …
A minor earthquake struck the Southern California high desert on Saturday and was was felt across the region, the U.S. Geological Survey confirmed. The USGS reports the 3.9-magnitude earthquake hit an area about 13 miles northeast of Barstow at 11:34 …
Tsunami warning sirens wailing early Friday morning in the Southern California city of Huntington Beach were a false alarm, authorities confirmed. “There is no current threat to our community and we are working to determine exactly how/why the sirens were …
Defective software could have doomed Boeing’s crew capsule during its first test flight, a botched trip that was cut short and never made it to the International Space Station, NASA and company officials said Friday. The Starliner capsule launched without …
About a year ago, Federal Reserve officials were nervous. Markets were cratering. Fear about a trade war was rising. The officials needed to know if the turmoil was chilling consumer spending. Problem was, a partial shutdown of the government had …
A U.S. House panel will hold a hearing Tuesday on autonomous vehicles as lawmakers try to hammer out legislation to advance self-driving cars. An Energy and Commerce subcommittee overseeing automotive issues will hear from officials of trade groups representing automakers …
The world’s best-performing insurance firm has seized on the latest health concern to offer Thailand’s first policy to cover the novel coronavirus. TQM Corp., with partner Bangkok Insurance Pcl, this week introduced a policy that costs 299 baht ($9.62) and …
Tokio Marine Holdings announced that it has completed the acquisition of Privilege Underwriters Inc. and its subsidiaries, known as Pure Group, which specializes in the U.S. high net worth insurance market. The deal was announced last October. The acquisition price …
The Insurance Council of Australia (ICA) has declared a catastrophe for property losses caused by storms and flooding along the east coast since February 5. Insurers said they have received 10,000 claims with the value of claims estimated at $45 …
