Florida home insurer Olympus Insurance Co. announced it has expanded its risk transfer capabilities with a successful debut in the catastrophe bond market, completing its first-ever issuance through the newly established Abacab Re Ltd. The $120 million catastrophe bond provides …
A day after severe storms damaged communities in the Plains and the Midwest, forecasters warned that storms could bring giant hail, tornadoes and severe wind gusts to the regions again in the coming days. Authorities in Kansas reported several people …
While New York and the East Coast bake under an early-season heat spell, the Great Plains, Midwest and parts of the Northeast were pounded by wind and hail Wednesday and face a larger threat Friday. Sporadic power outages, along with …
Inszone Insurance Services announced the acquisition of Insurance Resources Group, Inc. Located in Olathe, Kansas, this acquisition adds an experienced and versatile team to the expanding Inszone organization. Insurance Resources Group was founded in 1996 by Kenton Grigg and Lora …
The medical officer for the Texas summer camp where 27 girls were killed in a flood last year testified Tuesday she still has not officially reported the deaths to the state health agency that regulates camps and is reviewing its …
Allstate said it is starting to provide its customers with identity theft protection at no additional cost This added value expands recovery from physical damage to homes and cars to include digital protection as peak storm season approaches. The benefit …
The Trump administration on Thursday proposed weakening rules for the disposal of ash produced by burning coal that can contain hazardous heavy metals and contaminate groundwater. Those regulations were strengthened under the Biden administration as part of a wider crackdown …
The annual SantaCon bar crawl that floods New York City with inebriated young people in Santa suits every holiday season was run by a real-life Grinch, according to federal prosecutors. Event organizer Stefan Pildes was arrested Wednesday on charges that …
An aviation safety bill seeking to address lessons learned from last year’s midair collision of a jet with an Army helicopter near the nation’s capital was approvedby the House Tuesday, but key senators and the families of the 67 victims …
Some Gulf Arab and European leaders believe that a US-Iran peace deal will take about six months to be agreed and that the warring sides should extend their ceasefire to cover that timeframe, according to officials from the regions familiar …