County of Maui Sues Hawaiian Electric for Negligence Leading to Wildfires August 25, 2023 The county of Maui, Hawaii, on Thursday sued Hawaiian Electric HE.N accusing the power company of acting negligently by failing...
Insured Losses From Natural Catastrophes Set to Top $100 Billion for 3rd Year in a Row August 25, 2023 Claims for weather-related incidents are set to exceed $100 billion for the third year in a row, as floods, hail...
Conditions Are Challenging, Claims Are Elevated, but Reinsurers’ Profits Return: Reports August 25, 2023 By L.S. Howard Despite extremely challenging conditions, with persistent and elevated claims activity, the global reinsurance segment returned an underwriting profit in 2022,...
How Satellites Are Helping Farmers Adapt to Climate Crisis August 25, 2023 By Paul Tullis When to harvest is one of the most crucial decisions a winemaker can make. Too early, and the result is...
New York Knicks Sue Toronto Raptors Alleging Stolen Scouting Reports August 25, 2023 The New York Knicks sued the Toronto Raptors, claiming a former Knicks employee stole scouting reports and other proprietary information...
Insurer Berkley Wants Judge in Virginia to Toss $5.8M Jury Verdict Over Mold Claim August 25, 2023 Berkley Assurance Co. is asking a federal judge in Virginia to throw out a $5.8 million jury verdict against it...
United Airlines in $30 Million Settlement With Quadriplegic Man’s Family August 24, 2023 By Jonathan Stempel United Airlines has agreed to a $30 million settlement after a deplaning incident left a quadriplegic man in a vegetative...
Biden Administration Tightens Offshore Oil Rig Safety Rules Loosened Under Trump August 24, 2023 By KEVIN McGILL The Biden administration on Tuesday finalized tighter rules for complex devices meant to prevent catastrophic blowouts on offshore oil and...
20 Deaths Reported as Dozens of Wildfires Rage Out of Control Across Greece August 24, 2023 By ELENA BECATOROS \Advancing flames devoured forests and homes as dozens of wildfires raged across Greece on Wednesday, leaving 20 people dead over...
Mallinckrodt Second Bankruptcy Would Cut $1 Billion From Opioid Settlement August 24, 2023 Drugmaker Mallinckrodt aid on Wednesday it expects to file for a second bankruptcy in the coming days, after reaching a...