July 27, 2023
Property and casualty insurer Liberty Mutual will stop offering its business owner’s policy (BOP) product in wildfire-prone state California from Oct. 1, in a sign that cost inflation and higher catastrophe losses are pounding insurers’ profits. A spokesperson for Liberty …
July 27, 2023
Two Florida Democratic state senators are hosting webinars this month and next on the state’s property insurance situation. “Homeowners Insurance 101: A Guide for Insurance Coverage,” a series of virtual town hall meetings, began Wednesday on the Florida Senate Democratic …
July 27, 2023
OxyContin maker Purdue Pharma can start executing a settlement that protects members of the Sackler family who own the company from civil lawsuits over the toll of opioids, a court ruled Tuesday. The ruling from the 2nd U.S. Circuit Court …
July 27, 2023
Opening a new front in legal battles over college admissions, the U.S. Department of Education has launched a civil rights investigation into Harvard University`s policies on legacy admissions. Top colleges` preferential treatment of children of alumni, who are often white, …
July 27, 2023
Authorities searched on Thursday for the person who set a fire that killed a Memphis firefighter and sent three others to the hospital. The Memphis Fire Department said arson was to blame for a fire late Tuesday that killed Lt. …
July 27, 2023
Greece is fighting almost 200 wildfires as strengthening winds put a sting in the tail of the Mediterranean’s fading heat wave. More villages in mainland Greece were evacuated on Thursday as blazes threatened, while two people died in Velestino. A …
July 27, 2023
Allstate Insurance is no longer eligible for one of the largest incentive packages from the state of North Carolina, created when Allstate pledged to add more than 2,200 workers in Charlotte. The insurance carrier said too many remote workers made …
July 27, 2023
Vermont state and federal officials are urging farmers to document and report damage from the catastrophic flooding that hit the state two weeks ago and inundated crops in the rural mountainous state known for its scenic farmland. They toured Paul …
July 27, 2023
A towering construction crane caught fire high above the West Side of Manhattan on Wednesday morning, causing its long arm to snap off, smash against a nearby building and plummet to the street as people ran for their lives on …
July 27, 2023
American International Group said Christopher Schaper, currently CEO of AIG Re, has been named global chief underwriting officer of AIG, effective as of the closing of the previously announced sale of Validus Re to RenaissanceRe, which is expected to occur …