Truck Owner Apologizes After Taiwan Railway Crash Kills 48 TAIPEI, Taiwan (AP) — The owner of a construction truck that caused Taiwan’s worst rail accident in decades, killing 48... Read More
Greensill Insurance Mystery Turns Up the Heat on Credit Suisse Credit Suisse told investors the debt in its $7.3 billion finance fund was low risk because it was insured but... Read More
Suez Blockage May Lead to Large Reinsurance Claims, Broker Willis Re Says LONDON — The blockage of the Suez Canal is likely to lead to large reinsurance claims, adding to upward pressure... Read More
Top Investors to Call for Improved Working Conditions in Care Homes LONDON — A group of investors managing a collective $3 trillion in assets will call on operators of nursing homes... Read More
Indonesia Finds Sriwijaya Air Jet’s Cockpit Voice Recorder JAKARTA, Indonesia (AP) — Indonesian navy divers have recovered the cockpit voice recorder of a Sriwijaya Air jet that crashed... Read More
Claims People: E.A. Renfroe, Crawford & Co., Sedgwick Renfroe Appoints New CEO E.A. Renfroe & Co. has appointed Gerrad Brigham, formerly chief executive officer of Eberl Claims Service,... Read More
Lloyd’s of London Sees ‘Large Loss’ Due to Suez Canal Blockage LONDON — The blockage of the Suez Canal for nearly a week will result in a “large loss” for Lloyd’s... Read More
With Ship Now Freed, a Probe Into Suez Canal Blockage Begins SUEZ, Egypt (AP) — Experts boarded the massive container ship Tuesday that had blocked Egypt’s vital Suez Canal and disrupted... Read More
Suez Canal Works to Clear Backlog as Shipping Convoys Resume ISMAILIA, Egypt — The Suez Canal expects 140 ships to pass on Tuesday after the freeing of a container ship... Read More
Insurers May Be on Hook for Millions Tied to Suez Canal Crisis There were potentially thousands of insurance policies taken out on the steel boxes stacked high on the massive boat blocking... Read More