Extreme weather events — such as the heat wave gripping Europe — are making a growing number of assets too risky to insure, according to a director at Europe’s largest primary insurer. “Certain locations and perils cannot be covered as …
A passenger jet reported striking a drone while approaching JFK International Airport on Monday, and just hours later, a helicopter pilot alerted a close call with a remote-control airplane near the same airport. The Federal Aviation Administration is investigating the …
Luigi Mangione’s federal trial in the killing of UnitedHealthcare CEO Brian Thompson will now begin in January instead of the fall, a judge said Monday at a hearing that started late because Mangione got stuck in a courthouse elevator. U.S. …
CRC Benefits, a division of CRC Group headquartered in Dallas, Texas, hired Karen Crotty as a benefits sales executive to lead a new Northeast-focused department serving brokers in New Jersey, New York, Pennsylvania, and Maryland markets. Hired specifically for this …
The death toll from the twin earthquakes that struck Venezuela last week rose to nearly 2,000, as aftershocks eased in both frequency and intensity and authorities expanded recovery efforts.
The San Francisco Catholic Archdiocese has agreed to pay $395 million to settle more than 500 lawsuits alleging child sexual abuse by church officials, plaintiffs’ attorneys said Monday. San Francisco Archbishop Salvatore Cordileone will have to write an apology letter …
Iran said a foreign container ship ran aground while sailing through the Strait of Hormuz via an “unauthorized” route, repeating its warning that vessels should only transit the waterway in coordination with the Islamic Republic. The state TV report didn’t …
Almost 1,700 British investors are suing Binance and founder Changpeng Zhao for at least £150 million ($200 million), alleging the crypto trading platform sold them risky, complex derivative products without regulatory authorization. The claimants, some of whom said they had …
Nancy Bewlay will become American International Group’s new global chief underwriting officer in the insurer’s latest development at top leadership. Bewlay, who was most recently group chief underwriting and pricing officer at AXA Group since 2023, will start her new …
Cargo thieves may be operating sooner than you think to take advantage of the July 4 holiday, a new report shows. Verisk CargoNet is warning transportation and logistics stakeholders to prepare for elevated cargo theft risk during the July 4 …