“Food manufacturers operate in a vast, globalized supply chain, where one mislabeled product or contaminated ingredient can cause sickness, death, multi-million dollar losses and massive reputational damage for the affected companies,” says a new report – Swiss Re’s “Food Safety …
The article Number of Food Recalls and their Costs are Increasing: Swiss Re Report appeared first on Insurance Journal.
As cannabis bans are relaxed in more U.S. states, the race is on to develop an instant roadside breathalyzer for police to test drivers who may be taking the “high” road. Vancouver-based Cannabix Technologies Inc., founded by a retired Royal …
The article Coming Soon: Marijuana ‘Breathalyzers’ for Police Testing of Drivers appeared first on Insurance Journal.
Some of the largest home insurers in Massachusetts are raising premiums by about 9 percent to recoup what they paid out in claims for damage caused by last winter’s record-setting snowfall. The Boston Globe reports that the increases, much steeper …
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West Virginia Gov. Earl Ray Tomblin declared a state of emergency July 13 for Braxton, Webster and Wood counties after severe flooding. The state of emergency seeks to address the rockslides, mudslides and severe flooding that resulted from heavy rain …
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The city of Burlington, Vermont, and the Uber ride-hailing service have signed an agreement to allow Uber to temporarily operate in the city and at the airport, the mayor’s office announced on July 10. Under the interim agreement, which went …
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Stone Street Capital LLC sued a Manhattan law firm it retained to seek court approvals for structured settlements, claiming the firm gave them 76 fake judicial orders. The Maryland-based company, which purchases the rights to structured settlements from individuals in …
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Fans in box seats at Major League Baseball games might have less use for their gloves if Oakland A’s fan Gail Payne gets her way. Payne cited the estimated 1,750 fans a year who are struck by balls, mostly fouls, …
The article Lawsuit Seeks to Force Ballparks to Install Foul Ball Safety Nets appeared first on Insurance Journal.
W. R. Berkley Corp. announced the creation of Berkley Construction Professional Liability Underwriters to provide professional liability, pollution liability and protective coverages for contractors and project owners across all forms of non-environmental construction. Products will be available on both a …
The article W.R. Berkley Forms Construction Professional Liability Unit; Bustamante to Head appeared first on Insurance Journal.
ACE Group has launched ACE Moda TM, a packaged insurance product designed to cover the casualty and fire risks of companies in the fashion retail sector as it continues to develop its proposition for retail and luxury goods companies across Spain …
The article ACE Launches Casualty & Fire Cover for Fashion Firms in Spain & Portugal appeared first on Insurance Journal.
Overall losses and insured losses from natural catastrophes during the first half of 2015 were below long-term average values, according to a review of global natural catastrophes issued by Munich Re. Total natural catastrophe losses incurred in the first half …
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