Federal safety regulators have shut down a troubled Iowa trucking company that owned the semitrailer involved in a human trafficking case in which 10 immigrants died in Texas. Pyle Transportation was placed under an “out-of-service order” by the Federal Motor …
The third quarter natural catastrophe loss estimates continue to rise, as more insurers and reinsurers weigh in with their loss totals from Hurricanes Harvey, Irma and Maria, and the Mexico earthquakes. The latest companies to provide estimates include: AXIS Capital …
Public/private partnerships between governments, companies and insurers can help ease income gaps that burden millions of Americans, according to new research from Zurich Insurance Group and the University of Oxford. Financial education is one key to securing personal financial security, …
Los Angeles will pay $15 million to settle a lawsuit by a man who was struck by a car in a Hollywood crosswalk and left with permanent brain damage. The Los Angeles Times reported that the City Council voted this …
Root Insurance has expanded its services to drivers in Utah. Root, which is now operating in Illinois, Oklahoma, Indiana, Ohio and Arizona, asserts that drivers can save up to 52 percent by using Root’s data-driven approach, which bases rates primarily …
Alabama has settled a lawsuit that challenged the use of BP oil spill funds to build a beachside hotel and conference center. In the settlement finalized on Thursday, Alabama agreed to commit long-standing funding for beach access, dune restoration programs, …
Connecticut’s largest teachers’ union and three municipalities are seeking a court order to stop Gov. Dannel P. Malloy from cutting $557 million from the majority of school districts, saying the reductions will be devastating to public education. In a lawsuit …
Specialty insurer Argo Group International Holdings has appointed David Higley as head of U.S. property and inland marine. Higley will report to Ron Vindivich, president, E&S, Colony Specialty, and will lead the group’s newly formed U.S. property unit, made up …
Johnson & Johnson says a $417 million verdict in a talc powder cancer case should be thrown out because three jurors were excluded by fellow panelists from the decision-making process. The three were wrongly left out of deliberations on the …
California has taken another step toward permitting testing of self-driving vehicles without a human driver, continuing a shift away from previous policies that companies criticized as being overly restrictive. The state’s Department of Motor Vehicles this week released revisions to …
