Insurers are not liable for crumbling foundations caused by defective concrete unless the home is on the verge of collapse, the Connecticut Supreme Court ruled. The decision will likely amplify public pressure for a government solution. Thousands of homes in …
Concrete ceiling slabs fell onto moving vehicles deep inside a long Japanese highway tunnel, and authorities confirmed nine deaths before suspending rescue work Monday while the roof was being reinforced to prevent more collapses. Two vehicles caught fire in the …
A state insurance fund has rejected a claim filed by North Dakota State University for the collapse of Minard Hall. The State Fire and Tornado Fund letter of denial obtained by The Forum newspaper says the incident was caused by …
U.S. officials believe China’s insurance regulator passed on proprietary information about AIG to its Chinese rivals during the American firm’s collapse in 2008, according to unpublished diplomatic cables. The U.S. government bailout of American International Group Inc. in 2008 sent …
