Insurers paid out around $19.5 billion for natural disaster claims in the first half of 2017, almost 40 percent less than the year-earlier payout of $32 billion, reinsurer Munich Re said on Tuesday. In addition, some $21.5 billion of losses …
A severe storm that swept through central Alberta during the third week of June has resulted in more than C$30 million (US$23.7 million) in insured damage, according to the Insurance Bureau of Canada (IBC), which quoted a report from Catastrophe …
Wildfires sweeping across British Columbia, the world’s biggest exporter of softwood lumber, sent timber prices surging and forced the closure of two copper mines in the western Canadian province. More than 375 fires have swept across the province, burning forests, …
Sarah Price has been named a director in Houston-based Crystal & Company’s Specialty Products Group. She specializes in placing complex environmental insurance programs. Price has 18 years of experience in partnering with public and private organizations to provide alternative solutions …
Georgia Insurance Commissioner Ralph Hudgens will not seek re-election for a third term as Georgia’s Insurance and Safety Fire Commissioner, according to a statement from the Georgia Department of Insurance. In a letter to Georgians, Hudgens announced his decision, saying …
Senate Majority Leader Mitch McConnell abandoned efforts to pass a broad Republican-only replacement of Obamacare, saying late Monday he will instead seek a vote on a simple repeal — delayed by two years to give lawmakers time to seek a …
The global recall of Takata Corp.’s defective air bags widened last week and the number of confirmed deaths rose, but legal experts said the bigger worry for car companies caught in the fallout is playing out in a Delaware bankruptcy …
A golf-centric social media page had a hit on its hands when it started peddling hats mimicking the logo of Titleist, the golf equipment and apparel company. Only their stuff didn’t say Titleist—the merchandise replaced the brand name with a …
Police in five Southeastern states are launching a weeklong program to reduce summertime wrecks and traffic deaths. “Operation Southern Shield” started Monday in Alabama, Florida, Georgia, South Carolina and Tennessee. The campaign aims to reduce the number of drivers who …
South Carolina is one of the Southeast’s most dangerous states for motorcyclists, but bikers put the blame on a range of problems from bad roads, inattentive motorists and inexperienced riders. The Post and Courier reports the state’s 2015 fatality rate …
