Fatih Birol, the head of the International Energy Agency (IEA), faced renewed pressure on Monday from investors and scientists concerned about climate change to overhaul the agency’s projections for fossil fuel demand. Pension funds, insurers and large companies were among …
A string of powerful typhoons that struck Japan has left scars on the country’s non-life insurers, with industry giants likely forced to pay a combined $8 billion in insurance payments in the current fiscal year that ends in March. Japan’s …
Fire destroyed one building and damaged another last week on the grounds for an annual festival celebrating German culture in the Texas city of New Braunfels. While fire officials work to determine the cause, Wurstfest organizers say they’ll rebuild in …
A South Dakota neurosurgeon made millions of dollars by performing unnecessary and dangerous surgeries, including one that left a patient partially paralyzed, federal prosecutors contend in a lawsuit against the doctor. Dr. Wilson Asfora enriched himself by using medical devices …
Major retail chain Dollar General will pay $6 million and furnish other relief to settle a federal class race discrimination lawsuit filed in the U.S. District Court for the Northern District of Illinois in Chicago. According to the lawsuit brought …
A Wyoming developer and representatives of two men who died on his property have reached a settlement in a wrongful death lawsuit. The Jackson Hole News & Guide reported that the terms of the settlement involving developer Jamie Mackay were …
San Francisco-based EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, has tapped Susan Tewhill to lead its Edgewood Healthcare Advisors practice. Tewhill and her team bring a wealth of knowledge and experience to …
Hurricane Dorian inflicted losses of about $3.4 billion on the Bahamas, an amount equal to one-quarter of the Caribbean archipelago’s GDP, according to a report released last week. The report by the Inter-American Development Bank also said there were 67 …
The state of California on Monday sued e-cigarette maker Juul Labs Inc., alleging the San Francisco company engaged in a “systematic” and “wildly successful” campaign to attract teenagers to its nicotine devices. The lawsuit draws on internal correspondence and other …
Mistakes by claims professionals were the most common reason for enforcement actions taken against U.S. property and casualty insurers in 2018, taking the No. 1 and No. 2 spot on a top 10 list issued by the Wolters Kluwer consulting …
