The director of the Hopkinton Town Library in New Hampshire says damage caused by a lightning strike is “mindboggling.” Donna Dunlop said “almost the entire inventory” of books must be replaced because of fire, smoke and water damage Friday night. …
A New York City bus driver who passengers say was driving erratically before he hit something is facing charges including driving while intoxicated. Authorities say the 24-year-old driver had nine passengers on the bus early Sunday in Brooklyn. Police say …
The chief executive of Aspen Insurance Holdings Limited described business changes to Aspen’s Lloyd’s insurance book last week, while neither unequivocally confirming or denying rumors that a deal to sell the entire company is imminent. “We have a very good …
PEAK6 Investments LP announced it has acquired National Flood Services (NFS) from Aon plc. NFS is a provider of business process services in flood insurance. According to a statement, the firm support nearly 87,000 active flood agents with 550 employees …
Emergency services in Portugal continued their fight Monday against a major, four-day wildfire on the south coast that threatened to engulf a hillside town overnight. The Civil Protection Agency said 44 people required medical assistance as the blaze passed by …
Is a no-deal Brexit becoming more likely? U.K. Trade Secretary Liam Fox puts the chances at 60 percent. And while Theresa May sees that as an overestimate, her office has been careful not to dispute Fox’s argument that talks could …
Eleven U.S. passengers who survived an Aeromexico crash in the northern Mexican state of Durango on July 31 filed lawsuits against the airline in Chicago on Monday, according to a statement by Chicago-based attorneys Corboy & Demetrio. The Mexico City-bound …
A powerful earthquake flattened houses and toppled bridges on the Indonesian tourist island of Lombok, killing at least 98 people and shaking neighboring Bali, as authorities said Monday that rescuers still hadn’t reached some devastated areas and the death toll …
Activist investor Carl Icahn said shareholders in Cigna Corp. should vote against the $54 billion takeover of pharmacy-benefits firm Express Scripts Holding Co. because the health insurer is “dramatically overpaying.” “Cigna management is offering to pay an all-time high price …
A reader of this publication, the president of an insurance agency, recently wrote to say he kept hearing about catastrophe bonds but had little knowledge of what they were. He was curious if these instruments would replace traditional reinsurance and …
