Progressive Corp. reported a 56% decrease in net income to $790.1 million for the second quarter. Net income was down 9% for the first six months. The company said the largest contributor to the year-over-year decreases was the reduction of …
Amazon.com Inc. on Tuesday said it would pay customers who suffer injuries or property damage from defective goods others sell on its U.S. platform, in a new policy that could reduce litigation. For years, consumers have sued the world’s largest …
The property insurer of last resort for wind and hail in counties along the Texas coast will file for a 5% rate hike for both residential and commercial properties in its required annual filing with the Texas Department of Insurance. …
Aston Lark Group, the London-based insurance broker backed by Goldman Sachs, announced it has acquired Essex Insurance Brokers Ltd. Established in 1964 and based in Hornchurch, England, Essex Insurance Brokers serves both personal and business clients in the UK, with …
Wildfires rekindled outside Athens and forced more evacuations around southern Greece Thursday as weather conditions worsened and firefighters in a round-the-clock battle stopped the flames just outside the birthplace of the ancient Olympics. As additional support arrived from Greece’s military …
Digital small business insurer NEXT Insurance is participating in a new Amazon Insurance Accelerator, a network of providers selling to businesses selling their goods on Amazon and looking to buy liability insurance. The insurance network is directly within Amazon Seller …
A Texas water park says a chemical exposure that sent dozens of people to hospitals was caused by “improper installation” of a water filtration system. Six Flags officials said a third-party service company improperly installed the system at Hurricane Harbor …
Motorists put the pedal to the metal during the pandemic and police are worried as roads get busy with the final stretch of summer travel. The latest data shows the number of highway deaths in 2020 was the greatest in …
An overloaded van carrying about 25 passengers crashed Aug. 3 on a remote South Texas highway, killing at least 11 people and injuring more than a dozen others, authorities said. The crash happened shortly after 4 p.m. on U.S. 281 …
Blenheim Underwriting Ltd. announced it has received final approval and the necessary permissions from UK regulators and Lloyd’s to act as a managing agency for Syndicate 5886. The effective date of transfer of management from Asta to Blenheim was 6 …