Australia faces the prospect of more severe cyclones, wildfires and floods as the climate warms, the nation’s largest insurer said. A 3 degree Celsius increase in global temperatures will lead to higher intensity cyclones moving further south, longer bush fire …
South Dakota-based Sanford Health, one of the nation’s largest health systems, has agreed to pay more than $20 million to resolve kickback allegations stemming from a whistleblower lawsuit filed by two Sanford doctors, the U.S. Department of Justice said. The …
Gov. Kristi Noem is requesting a presidential disaster declaration for the damage caused by tornadoes and floods that struck southeastern South Dakota in September. Noem made her request in a letter to President Donald Trump. She wrote that storms, tornadoes …
The chairman of a St. Louis County police board has resigned and another board member said she is being replaced after a jury found that a sergeant was discriminated against because he’s gay and recommended that he be awarded nearly …
In mid-October, Texas Insurance Commissioner Kent Sullivan denied a request by the Texas Windstorm Insurance Association (TWIA) to raise its maximum liability limits for new and renewal policies with an effective date of Jan. 1, 2020, or later. TWIA is …
A company that owns a Houston-area petrochemical storage facility which burned for days in March didn’t have an alert system in place to warn of releases from its tanks, a federal agency investigating the blaze said Wednesday. The fire, which …
Portland State University chemistry professor David Peyton had never been attacked with such intensity. Peyton and a group of other chemists discovered almost five years ago that e-cigarettes could sometimes produce more cancer-causing formaldehyde than regular cigarettes. Formaldehyde is produced …
Global specialty insurer Hiscox has appointed Doug Karpp as head of Executive Risks and Cyber in the U.S, which includes Crime and Fidelity, Financial Services and Management Liability insurance products. Karpp, who previously served as senior vice president and the …
Some insurers may be facing sizable risks stemming from the latest round of California wildfires now raging, but Chubb Chairman and CEO Evan Greenberg insists his company isn’t one of them. “We do have a quota share [reinsurance] agreement we …
Southern Insurance Underwriters (SIU) has added Patti Stuczynski to its Workers’ Compensation underwriting team. Stuczynksi will be responsible for underwriting new and renewal business while being a vital part of the program’s development. She will be based in Alpharetta, Ga. …
