North Carolina Gov. Roy Cooper has issued a State of Emergency in response to Tropical Storm Fred, which caused severe flood in the western part of the state. Approximately 30 people are currently in missing in Haywood County and water …
The four largest European based reinsurers – Munich Re, Swiss Re, Hannover Re and SCOR – reported sharply higher profits in the first half of 2021, compared with the same period in 2020 — as a result of lower COVID-19 …
Former residents of the Surfside, Fla. collapsed condominium have filed a consolidated amended class action complaint against the building’s condo association. Plaintiffs allege that the Champlain Towers South Condominium Association breached its duty by neglecting to maintain, repair, and replace …
The four largest European based reinsurers – Munich Re, Swiss Re, Hannover Re and SCOR – reported sharply higher profits in the first half of 2021, compared with the same period in 2020 — as a result of lower COVID-19 …
Tropical storm warnings have been posted across the eastern Caribbean as a system gathers power and takes shape southeast of Dominica, the National Hurricane Center said. With winds of 35 miles (56 kilometers) per hour, the system will likely become …
AM Best revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of National American Insurance Co. (NAICO) in Chandler, Oklahoma. Established in 1987, NAICO …
German reinsurance group Munich Re said on Tuesday it would meet its 2021 profit goal as it raised its forecast for gross premiums and predicted higher pandemic-related losses than previously anticipated. Munich Re made the announcements on the back of …
A wildfire in the Superior National Forest of northeastern Minnesota has grown to 5 square miles (13 square kilometers) as hot, dry and windy conditions persist, officials said. U.S. Forest Service and other crews have been fighting the fire from …
A Catholic priest in South Carolina has been placed on leave after he was sued by a woman who said the pastor manipulated her into a sexual relationship. Father Wilbroad Mwape was removed at least temporarily as the pastor at …
Japanese cryptocurrency exchange Liquid said on Thursday it was hit by hackers in a theft estimated at more than $94 million, the latest crypto platform to be targeted by cyber criminals. “We are sorry to announce that #LiquidGlobal warm wallets …