The twister that smashed through a small Alabama community this week, during an outbreak of tornadoes across the Deep South, killed a 39-year-old woman and her 8-year-old son on a street where generations of one family lived. One of dozens …
The European Union set out plans on Wednesday to certify removals of carbon dioxide from the atmosphere, while leaving key details to be worked out later – including how these removals will be counted towards EU climate change targets. The …
An Atlantic hurricane season that had 14 named storms officially ended on Wednesday, leaving residents in the Florida Keys to celebrate even as others around Florida and Puerto Rico continue to grapple with the damage caused by Hurricanes Ian, Nicole …
Reinsurance rates for property catastrophe business should increase by well over 10% when contracts are renewed in January 2023, according to a commentary from Fitch Ratings Fitch expects double-digit percentage premium rate rises for property catastrophe cover in 2023, driven …
Marsh McLennan Agency acquired McDonald Zaring Insurance in Walla Walla, Washington. McDonald Zaring Insurance serves individuals and businesses across all industries and sizes, including agri-business, wineries, financial institutions, health clinics and contractors. Marsh McLennan Agency, or MMA, is a subsidiary …
An investment group founded by embattled insurance executive Greg Lindberg has filed an objection to North Carolina regulators’ plan to liquidate two of Lindberg’s insurance companies, arguing that the companies could be sold and benefits paid quickly. “We deeply disagree …
California’s Department of Justice mistakenly posted the names, addresses and birthdays of nearly 200,000 gun owners on the internet because officials didn’t follow policies or understand how to operate their website, according to an investigation released this week. The investigation, …
A cyber attack on the German ports of Bremerhaven or Hamburg would severely impede NATO efforts to send military reinforcements to allies, retired U.S. General Ben Hodges told Reuters. The European Commission proposed an action plan to bolster cyber defense …
HANOVER TOWNSHIP, Pa. (AP) — Federal investigators say the pilot of a small experimental plane spoke of a problem with the aircraft shortly before it went down in a northeastern Pennsylvania farm last month, killing himself and another person. Authorities …
The U.S. property/casualty industry posted a combined ratio of about 106.6 in the third quarter – the highest in five years, according to an analysis by S&P Global Market Intelligence. “In addition to the effects of catastrophe losses on various …