Insurance Journal
Verve Risk Services, the London-based managing general agent, announced the launch of a captive insurance product and its “Verve Aura” broker portal, designed to meet evolving customer needs. Formed in 2016 and supported by OneAdvent, the...
Posted: Oct 01, 2024
MANTEO, N.C. (AP) — Federal authorities were investigating this week after multiple people died when a single-engine plane crashed Saturday afternoon in a wooded area at Wright Brothers National Memorial’s First Flight Airport, the National Par...
Posted: Oct 01, 2024
Just as Florida property insurers face another round of storm claims, CBS News has raised questions about alleged insurer fraud stemming from claims incurred in the last major storm – Hurricane Ian, which hit much of southwest Florida two years ̷...
Posted: Oct 01, 2024
A jury has ruled in favor of three women who alleged they were sexually abused while patients at a Virginia children’s hospital, awarding them a total of $300 million in damages. The jury in Richmond Circuit Court on Friday awarded …
Posted: Oct 01, 2024
General Motors Co.’s robotaxi company will undergo tougher oversight and pay a fine to settle claims by US auto safety regulators that it failed to properly disclose information about a crash involving one of its cars that struck and dragged &#...
Posted: Oct 01, 2024
A federal judge dismissed a U.S. Department of Justice lawsuit accusing eBay of violating environmental laws by allowing the sale of hundreds of thousands of harmful products on its platform, including pesticides and devices to evade motor vehicle po...
Posted: Oct 01, 2024
Boar’s Head, the deli meat company at the center of a deadly listeria food poisoning outbreak, is being scrutinized by law enforcement officials, the U.S. Agriculture Department disclosed in response to government records requests. Officials wi...
Posted: Oct 01, 2024
T-Mobile has reached a $31.5 million settlement to resolve a probe by the Federal Communications Commission into significant data breaches over three years that impacted tens of millions of U.S. consumers, the agency said on Monday. T-Mobile will pay...
Posted: Oct 01, 2024
Connecticut workers’ compensation insurers are recommending an overall 6.1% reduction in loss costs in the voluntary market and a 6.2% overall reduction in the assigned risk market for next year. If the recommendation is approved, it would mark...
Posted: Oct 01, 2024
Hawaii’s Supreme Court will consider questions about issues that threaten to thwart a $4 billion settlement in last year’s devastating Maui wildfires. A Maui judge last month agreed to ask the state high court questions about how insuranc...
Posted: Oct 01, 2024
The Pioneer tanker, sanctioned by the United States over its links to Russia-sourced liquefied natural gas (LNG), has passed through the Suez Canal with an LNG cargo, LSEG data showed on Monday. The source of the LNG and Palau-flagged Pioneer’s...
Posted: Sep 30, 2024
Southern Water’s credit risk has soared to a record high in recent days as hedge funds scramble to protect themselves against the possibility of default at the UK water company. The curve on the utility firm’s credit default swaps is R...
Posted: Sep 30, 2024
Taiwan mobilized nearly 40,000 troops on Tuesday to bolster rescue efforts as the powerful Typhoon Krathon approaching its populous southwest coast is expected to bring a storm surge and the coast guard raced to locate 19 sailors who abandoned ship....
Posted: Sep 30, 2024
Taiwan mobilized nearly 40,000 troops on Tuesday to be on standby for rescue efforts as powerful Typhoon Krathon approached its populous southwest coast which is bracing for a storm surge. As the typhoon approached, helicopters lifted to safety 19 sa...
Posted: Sep 30, 2024
NEW ORLEANS (AP) — New Orleans and the U.S. Department of Justice filed a motion Friday in federal court to take steps to end long-standing federal oversight of the city’s police department. The city and the federal government had agreed …...
Posted: Sep 30, 2024
LUBBOCK — Federal lawmakers are sounding the alarm on the economic catastrophe that could happen if a new farm bill isn’t passed by the end of this year, now that the 2018 version has officially expired. Since it was introduced …
Posted: Sep 30, 2024
BISMARCK, N.D. (AP) — An appeals court has sent back part of a lawsuit brought by a protester of the Dakota Access oil pipeline, who alleged excessive force by law enforcement officers. Eric Poemoceah, of Oklahoma, filed the federal court …
Posted: Sep 30, 2024
Federal safety inspectors found a crew working aboard the Cuyahoga, a commercial iron ore vessel moored at the Port of Ashtabula, narrowly avoided disaster after a large fire erupted as they welded off paint in a cargo hold, an incident …
Posted: Sep 30, 2024
The way the Environmental Protection Agency has reported its test results since a Norfolk Southern train derailed and officials released and burned chemicals that spewed a toxic cloud over East Palestine, Ohio, makes it hard for residents to know the...
Posted: Sep 30, 2024
Rick Wilmer spends most of his work days at the office. But every so often, the chief executive officer of ChargePoint Holdings Inc. will make his way to the company’s laboratory in San Jose, California, where he dons safety glasses …
Posted: Sep 30, 2024
President Joe Biden has approved a major disaster declaration for the severe flooding that hit northeastern Vermont in late July. The declaration makes federal funding available to help communities and individuals in Caledonia, Essex, and Orleans cou...
Posted: Sep 30, 2024
Estimates of insured losses from Hurricane Helene continue to range around $5 billion, not including flood insurance losses, as the death toll in the Southeast continued to rise, approaching 100 by Monday morning. In Florida, the state Office of Insu...
Posted: Sep 30, 2024
Estimates of insured losses from Hurricane Helene continue to range around $5 billion, not including flood insurance losses, as the death toll in the Southeast continued to rise, reaching 107 by Monday morning. In Florida, the state Office of Insuran...
Posted: Sep 30, 2024
An earthquake registering magnitude 4.2 shook part of central California early Sunday, the United States Geological Survey confirmed. The earthquake was detected at 2:47 a.m. local time about 2 miles (3.2 kilometers) northwest of Aromas with a depth...
Posted: Sep 30, 2024
Last year, five people hoping to view the Titanic wreckage died when their submersible imploded in the Atlantic Ocean. A Coast Guard panel that’s investigating the Titan submersible disaster heard two weeks of testimony that ended Friday. Previ...
Posted: Sep 30, 2024