Volkswagen to Recall Over 114,000 US Vehicles Over Airbag Concern, NHTSA Says November 7, 2024 By Nathan Gomes Volkswagen will recall 114,478 vehicles in the United States on concerns over the driver-side airbag, the National Highway Traffic Safety...
H.W. International Agrees to Sell UK, French and Greek Operations to Steadfast Group November 7, 2024 H.W. International B.V., the Amsterdam-based, privately owned insurance broker, announced the sale of H.W. Wood Ltd. and HWI France to...
SC Man Sentenced for Targeting Drivers in Parking Lot Insurance Fraud Scheme November 7, 2024 A 44-year-old South Carolina man was sentenced to 18 months in prison after he pleaded guilty to an auto insurance...
Liberty Mutual Quadruples Q3 Net Income Despite Catastrophe Losses November 7, 2024 By Chad Hemenway Liberty Mutual Holding Company said consolidated third quarter net income more than quadrupled to $897 million compared to $215 million...
Washington Sawmill Fined $126K for 61 Safety and Health Violations November 7, 2024 The Washington State Department of Labor & Industries is levying more than $126,000 in fines for 61 reported safety and...
Danone Wins Dismissal of Evian Microplastics Lawsuit November 7, 2024 By Jonathan Stempel The maker of Evian spring water, Danone, won the dismissal of a lawsuit on Tuesday accusing it of defrauding consumers...
Renewable Energy Offers a Cost and Opportunity to Insurance Sector November 7, 2024 By Carolyn Cohn Policyholders in the renewable energy insurance market are paying between 20%-40% more for cover today than a year ago as...
2024 Will Be World’s Hottest Year on Record, EU Scientists Say November 7, 2024 By Kate Abnett and Alison Withers This year is “virtually certain” to eclipse 2023 as the world’s warmest since records began, the European Union’s Copernicus Climate...
Zurich’s Exposure to Hurricanes Helene, Milton Below $360M as Catastrophe Losses Rise November 7, 2024 By Carolyn Cohn Zurich Insurance Group said on Thursday that its exposure to Hurricanes Helene and Milton, which recently wreaked havoc in the...
Swiss Re Cuts 2024 Profit Target After Raising US Reserves November 7, 2024 By Noele Illien Swiss Re AG said it was raising reserves in its US Property & Casualty business by $2.4 billion in the...