ISMAILIA, Egypt — The Suez Canal expects 140 ships to pass on Tuesday after the freeing of a container ship stranded for nearly a week allowed it to reopen, but experts warned that disruptions to global shipping and at ports …
LOS ANGELES (AP) — Southern California Edison will pay $2.2 billion to settle insurance claims from a deadly, destructive wildfire sparked by its equipment in 2018, the utility announced Monday. Edison, which acknowledged no wrongdoing, said the agreement covers all …
U.S. legislation introduced on Tuesday would create a taxpayer-backed insurance program to protect businesses from revenue losses during future pandemics and require insurers to pay a slice of the claims. The legislation, introduced by Rep. Carolyn Maloney, a Democrat from …
The coronavirus has upended markets, disrupted supply chains and forced quarantines. It’s all fertile ground for lawsuits. Hospitals, restaurants, day care centers, nursing homes and hotels may face claims that they didn’t take adequate steps to protect people. Shareholders can …
SACRAMENTO, Calif. — In a state burdened by billions of dollars in wildfire damage, California lawmakers are hoping for an advance loan before the next climate-fueled catastrophe hits. Lawmakers in the Democratic-dominated state Legislature return to work Monday for the …
LEXINGTON, Ky. — Another Central Kentucky farmer has pleaded guilty in a crop insurance fraud scheme that a federal prosecutor has called “pervasive and severe” in that region. Daniel Arvin pleaded guilty on Dec. 19 in federal court in Lexington …
AVENTURA, Fla. — When David Schaecter was a child in Slovakia in the 1930s, he counted more than 100 people in his extended family. By the end of World War II, he alone survived. The rest had been killed in …
Dogs remain the undisputed champions at generating insurance claims, deer, birds and cats are doing their amount of mayhem as well, and bedbugs are a growing liability for insurers, according to a review of 470,000 insurance claims over five years …
Power lines buffeted by heavy winds ignited at least two small fires the night of Oct. 8 in Northern California neighborhoods, according to investigators. The findings by the Santa Rosa Fire Department are the first public reports into what caused …
Insurance carriers have made an unprecedented investment to improve the integrity of their claims systems and processes. This transformation started in the US over 15 years ago with the original goal of improving financial accuracy, financial control, upgrading legacy technology …