A tentative $25 million settlement revealed last Wednesday to end nearly every sexual misconduct lawsuit brought against Harvey Weinstein and his former film studio’s board has been praised by a plaintiff and some lawyers but criticized by others who say …
Georgia’s governor has issued an emergency declaration because of capacity issues at Atlanta-area hospitals after a flooding incident at the state’s largest trauma center last week. Grady Memorial Hospital in Atlanta started diverting patients to other hospitals on Dec. 7 …
A Florida city confirmed Friday that hackers seeking to extort money were responsible for crippling its computer systems earlier this week but officials have yet to decide whether they will pay a reported $1 million ransom. If they do opt …
Zurich and insurtech managing general underwriter Vindati have launched a new stand-alone Motor Truck Cargo (MTC) program now available to for hire common and contract truckers. Written through an exclusive agreement between Zurich and Vindati, the coverage insures against the …
Performance in the U.S. personal auto insurance market continues to run favorably in 2019, on par with underwriting profits achieved in 2018, according to Fitch Ratings. However segment results for the industry are likely unsustainable going forward based on shifting …
Hundreds of Houston homeowners near U.S. Army Corps of Engineers-managed reservoirs may receive compensation for flooding of their properties during 2017’s Hurricane Harvey, a federal judge ruled on Tuesday. The U.S. Army Corps of Engineers (ACE), which managed two dams …
California utility regulators have reached a settlement with PG&E Corp. over violations tied to catastrophic wildfires ignited by the company’s power lines in 2017 and 2018. The proposed settlement would prevent PG&E from recovering $1.625 billion in wildfire-related costs from …
Congress is closing in on a deal that could shield patients from surprise medical bills, eliminating a source of frustration for Americans who face unexpected charges from emergency care and other procedures. The question for the health-care industry is whether …
Liberty Mutual Insurance said it will drastically limit future underwriting for and investment in coal risks, an apparent response to environmentalists pushing for greener investment strategies among corporations. To support this change, the insurer has also appointed its first-ever chief …
Predictive data and analytics firm Jupiter has received a $1 million grant from the Moore Foundation to accelerate deployment of its FireScore Operations service, a wildfire threat and intelligence platform to make it available for public safety entities throughout California. …