Harvest season in Northern California’s wine country is what dream weddings are made of: ripe grapevines and golden sunsets provide ceremonies an alluring backdrop that every year draws millions of visitors. But harvest season now overlaps with fire season as …
Brookfield Asset Management Inc. is launching a reinsurance business and plans to distribute shares in the new entity to its investors in the form of a $500 million special dividend. Bruce Flatt, Brookfield’s chief executive officer, said in a letter …
A fiery crash on a bridge linking Ohio and Kentucky could force the span to remain closed for days as officials tried to determine the amount of damage to the bridge that serves as a crucial link for interstate commerce, …
Hurricane Zeta hit Louisiana’s citrus growers right at harvest time, and hit them hard. “We have some growers with up to 75% of their citrus laying on the ground,” LSU AgCenter horticulture agent Joe Willis said in a news release. …
Slice Labs Inc. and AXIS Insurance have partnered to distribute AXIS Home Based Business insurance, an on-demand digital commercial insurance product designed for home businesses not covered by traditional homeowners insurance policies. AXIS Insurance is the specialty insurance business segment …
Global Risk Solutions, Inc., a provider of claims adjusting and environmental risk management services based in Miami, has added Colm Keenan as executive vice president and chief of Learning & Marketing. Keenan will be based in Sarasota, Fla. and report …
EQ One, a West Coast earthquake insurance underwriter, has added additional capacity to its earthquake offering through Munich Re Specialty Insurance. This increased capacity will allow EQ One team to write larger earthquake risks. EQ One is a difference in …
A U.S. appeals court on Thursday upheld Harvard University’s use of race in undergraduate admissions, rejecting a challenge by affirmative action opponents who said the Ivy League school’s policy discriminates against Asian-Americans. Opponents of the decision, by the 1st U.S. …
Irish brewer Guinness said Wednesday that it is recalling cans of its recently launched non-alcoholic stout in Britain over contamination concerns. The recall, which the brewer described as “precautionary” and related to a “microbiological contamination,” impacts the British market as …
The COVID-19 pandemic is creating varying levels of disruption for writers in the U.S. professional liability insurance market, with many expecting a sizable increase in claims, according to a new AM Best report. With its Best’s Special Report, “Professional Liability …