MillerCoors and Pabst Brewing Co. settled a lawsuit on Nov. 28 in which the hipster’s brand of choice claimed the bigger brewer lied about its ability to continue brewing Pabst’s beers to put that company out of business. The settlement …
Catastrophe risk modeling firm AIR Worldwide on Friday said it estimates that insured losses from the Woolsey Fire in Southern California will be at least $2.5 billion. Moody’s on Thursday released estimates showing property/casualty insurers and reinsurers total insured losses …
Republican Sen.-Elect Josh Hawley of Missouri says he’ll reintroduce a duck boat safety bill that his campaign rival Sen. Claire McCaskill proposed after a duck boat sank in July, killing 17 people. Hawley said he’ll bring the legislation up again …
Beazley has appointed Reese Lever as a U.S. marine underwriter for the Southwest region. Reese joins Beazley’s office in Houston, Texas, from QBE where he was a vice president, marine, based in the same city. A seasoned all lines marine …
Nineteen people who survived a shooting last year at a Little Rock, Arkansas, nightclub filed a lawsuit against the club’s owners, alleging negligence in security and in staff training. At a press conference, two survivors and their lawyers said they …
Marriott International said on Friday hackers stole about 500 million records from its Starwood Hotels reservation system in an attack that began four years ago, exposing personal data of customers including some payment card numbers. Shares of the company were …
A jury has awarded $34 million in damages to 51 current and former residents of a Southern California mobile home park they say is rife with problems including sinkholes, sewage backups and rats. The Los Angeles Times reported the damages …
No money was paid and no information was lost during a ransomware cyberattack that exploited a cloud-based vulnerability in the Colorado Department of Transportation’s computer network last spring, officials said. CDOT was one of several government agencies across the country …
Hartford InsurTech Hub, powered by Startupbootcamp, has unveiled the 2019 cohort of startups for its acceleration program. The chosen startups cover a range of abilities, from property insurance claims to peer-to-peer insurance (P2P). The 10 teams, selected from more than …
A regulation in Virginia’s new building code could alter the look and feel of some neighborhoods near the state’s coast in the coming decades. The Virginian-Pilot reported Tuesday that the change will impact some of the Hampton Roads region’s historic, …
