NEW YORK — The expectation that hundreds of so-called zombie companies will fail over the next few years and drag on the economy is among the major concerns prompting insurers to reduce risk and charge higher premiums, a trend likely …
LONDON — Fed up with rising prices and more stringent terms and conditions for their insurance policies as a result of the coronavirus pandemic, companies are turning to in-house insurance firms. These so-called “captive” insurers are already common among large …
The coronavirus pandemic has made it even harder for senior-care centers in the United States to find or afford standard liability insurance, with rates soaring by as much as 300%, insurance brokers said. Residential care communities like nursing homes and …
The U.S. Supreme Court on Monday declined to hear a bid by Sempra Energy’s San Diego Gas & Electric Co to recover $379 million from customers related to damages it was forced to pay out in litigation after the deadly …
Louis Fondren, a Democrat from Gautier, and Barbara Dale Washer, the Reform Party candidate from Hattiesburg, seek to dislodge incumbent Mike Chaney as Mississippi insurance commissioner. Chaney, 67, a Republican from Vicksburg, served in the state Legislature before being elected …
Members of the Waveland Police Department survived Hurricane Katrina by grabbing a tree in front of their building and hanging on for their lives when a wall of water washed away most of the town on Aug. 29, 2005. Six …
More than 400 Oklahoma schools have received notices of expected insurance rate increases averaging 19.5 percent. The notice from the Oklahoma Schools Insurance Group, which provides various types of coverage to 440 of Oklahoma’s 526 school districts, comes after schools …
A judge in Austin, Texas, has ruled that State Farm Insurance Co. must comply with a state insurance department directive to repay policyholders in a long running dispute between the insurer and Texas insurance regulators over alleged overcharges for homeowners …