The National Rifle Association is suffering grave financial harm that threatens its ability to pursue its advocacy mission because of a “blacklisting” campaign by Gov. Andrew Cuomo and New York regulators, the gun rights group said in a federal lawsuit. …
PowerGuard Specialty Insurance Services, a renewable energy program manager based in the U.S., has hired warranty and service agreement specialist Dan Cantafi as the firm’s senior vice president of sales and marketing. He will be based in Glastonbury, Conn., and …
Blend Labs Inc., a startup that first became known by helping big banks make it easier for homebuyers to get a mortgage online, is branching out into a new industry: insurance. The San Francisco-based company is launching Blend Insurance Agency. …
Some 1,139 people are likely to have perished after Hurricane Maria hit Puerto Rico in September, far more than the official death count of 64, according to a Pennsylvania State University study published Thursday in the Journal of the American …
BMW’s South Korean unit apologized over a spate of engine fires, estimated by the country’s transport ministry at 27 over January to July, that has prompted a government probe and a major backlash from consumers. BMW said it will launch …
Executive Summary: While progress has been made in the development of casualty insurance-linked securities (ILS), there still is significant work to do, says Aaron C. Koch of Milliman, who discusses some of the key structural and product design questions that …
Atlantic storm watchers are going to have a hard time seeing the ocean, never mind any tropical systems, as another Saharan swirl of dust from Africa is moving west. The dust, a marker for dry air, has spread out across …
Typhoon Shanshan is set to approach the Tokyo area later this week, bringing heavy winds and strong rains to a region suffering from a sweltering heatwave. Shanshan, the 13th tropical storm of the season, is projected to track over the …
Hub International Limited (Hub), the Chicago-based insurance brokerage, announced it has acquired Southland Insurance Brokers Inc. Terms of the acquisition were not disclosed. With Ontario offices in Leamington, Tecumseh and Harrow, Southland has been providing customers in Windsor and Essex …
Taiwan Semiconductor Manufacturing Co. (TSMC), which makes chips for the iPhone and other devices, is recovering from a debilitating computer virus but warned of delayed shipments and reduced revenue because of the impact on its factories. TSMC said that 80 …
