St. Louis Waives 25% Holdback Rule for Property Claims From May 16 Tornado June 18, 2025 By Ezra Amacher St. Louis Mayor Cara Spencer signed an executive order to waive a 25% holdback of insurance payouts for property damage...
Insurer AXA Halts Ransomware Crime Reimbursement in France May 10, 2021 By Frank Bajak BOSTON (AP) — In an apparent industry first, the global insurance company AXA said Thursday it will stop writing cyber-insurance...
Stiffed Vendors Get Tough With U.S. Retailers After Big Losses May 4, 2021 By Lauren Coleman-Lochner and Eliza Ronalds-Hannon As U.S. retailers celebrate a boom lifting one of the pandemic’s hardest-hit sectors, scars left by a year of bankruptcies...
West Virginia Hospital Settles Whistleblower Suit For $50M September 11, 2020 By John Raby CHARLESTON, W.Va. — A financially strapped West Virginia hospital has agreed to pay the federal government $50 million to resolve...
Powerful Typhoons Scar Japanese Non-Life Insurers’ Earnings November 20, 2019 By Takahiko Wada A string of powerful typhoons that struck Japan has left scars on the country’s non-life insurers, with industry giants likely...
Georgia County’s Experience Shows Perils of Ransomware October 24, 2019 By Sudhin Thanawala JEFFERSON, Ga. — On the first Saturday in March, computer screens at the 911 dispatch center in this small town...
Federal Agents Raid Imperial Holdings’ Florida Offices September 28, 2011 Federal investigators Tuesday raided the Florida offices of Imperial Holdings Inc, a company that makes lump-sum payments on legal settlements...
Tyson Pays $32 Million to Settle Wage Lawsuit September 21, 2011 By SAM HANANEL Tyson Foods Inc. is paying $32 million to settle a long-running dispute over whether it should compensate poultry plant workers...
Churchill Downs Ends Payments for Jockeys’ Off-Track Needs September 20, 2011 Churchill Downs Inc. plans to stop paying the trade association representing jockeys to fund riders’ off-track needs, such as benefits...