Rapper and entrepreneur Sean “Diddy” Combs has withdrawn his lawsuit against Diageo as part of a settlement with the London-based...
losses News
Some ship insurers are starting to avoid covering US and UK merchant ships against war risks when they navigate the...
A new USI Insurance Services report forecasts that in 2024, commercial property insurance rates “are expected to increase, but not...
War risk insurance premiums for shipments through the Red Sea are rising after further attacks on merchant vessels by Yemen’s...
Fitch Ratings said it expects the U.S. property/casualty insurance industry to generate modest underwriting improvement in 2024, following poor auto...
Morgan Stanley is close to an agreement to pay $200 million to $300 million to resolve a yearslong US investigation...
Hawaii lawmakers are due to convene this week for the first time since the burning of historic Lahaina awakened the...
Extreme storms and other natural disasters cost the world about $250 billion of losses last year, with less than half...
Edison International’s Southern California Edison raised its estimated losses from 2017 and 2018 wildfires to $7.5 billion after reaching a...
US insurers suffered record-breaking winter storm losses during the first quarter of 2021 while also grappling with several high-profile cyberattacks,...