As soon as the first community was shut down to slow the spread of the coronavirus or the first announcement of a safer at home order by a governor, some of us saw the storm of suits coming related to …
Two of the six people killed in a massive crash involving about 130 vehicles on an icy Texas interstate in February were fatally struck after getting out of their vehicles, a federal agency reported on April 21. The National Transportation …
LONDON — Insurers want to put more money into private equity this year while scaling back on hedge funds, a survey by Goldman Sachs Asset Management showed on Wednesday. Private equity was the most-favored asset class for insurers seeking to …
Dozens of vehicles crashed in near whiteout conditions on a Washington County, Wisconsin, interstate, killing one person and seriously injuring six people, according to sheriff’s officials. At least 48 vehicles, including several semis, were involved in multiple crashes that closed …
Driven by the COVID-19 pandemic, businesses and public entities increased their reliance on risk management technologies, as vendors expanded their offerings to meet their needs. A survey of 1,100 risk professionals found that 38 percent of the respondents increased their …
W.R. Berkley Corp. reported record quarterly underwriting income, double-digit premium growth and healthy rate increases in the first quarter. The commercial lines insurer and reinsurer also saw its net income soar to $229.5 million, or $1.23 per diluted share, compared …
The family of a 5-year-old boy who drowned during a kayaking excursion has reached a $7.2 million settlement in a lawsuit against the Hawaii private school that operated the spring break program. In announcing the amount Monday, lawyers for the …
A Black Kansas City firefighter was subjected to racial discrimination then fired in retaliation for his complaints, a federal jury found in a trial that highlighted systemic racism in the department. The Unified Government of Wyandotte County and Kansas City, …
U.S. property/casualty insurers returned nearly $13 billion in premiums to policyholders in 2020 to reflect reduced exposures from the COVID-19 pandemic. Auto insurers returned premium in the greatest numbers, though general liability, workers’ compensation, event cancellation and inland marine sectors …
Louisiana senators on April 21 started moving legislation prompted by the sexual misconduct scandals at Louisiana State University, measures aimed at tightening rules for how colleges must handle allegations of sexual assault, harassment and dating violence. The proposals, advanced without …