LONDON — Insured losses from natural disasters hit a 10-year high of $42 billion in the first half of 2021, with the biggest loss related to extreme cold in the United States in February, insurance broker Aon said on Wednesday. …
BEIJING (AP) — China’s military has blasted a dam to release floodwaters threatening one of its most heavily populated provinces, as the death toll in widespread flooding rose to at least 25. The dam operation was carried out late Tuesday …
DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state oil giant acknowledged Wednesday that leaked data from the company — files now apparently being used in a cyber-extortion attempt involving a $50 million ransom demand — likely came from one …
HARRISBURG, Pa. (AP) — Pennsylvania’s high court on Wednesday dealt a blow to victims of child sexual abuse, throwing out a lawsuit by a woman whose lower court legal victory had given hope to others with similarly outdated claims who’d …
SAN BERNARDINO, Calif. (AP) — A couple whose gender reveal ceremony sparked a Southern California wildfire that killed a firefighter last year were charged with involuntary manslaughter, authorities announced Tuesday. Refugio Manuel Jimenez Jr. and Angela Renee Jimenez pleaded not …
SACRAMENTO, Calif. (AP) — California’s insurance commissioner can order the “insurer of last resort” to offer more options for homeowners who can’t buy traditional coverage because they live in areas threatened by wildfires, a judge ruled. Massive wildfires in recent …
WASHINGTON (AP) — Americans would be freer to repair their broken cellphones, computers, videogame consoles and even tractors themselves or to use independent repair shops under changes being eyed by federal regulators that target manufacturer restrictions. Responding to a new …
The Insurance Marketing & Communications Association (IMCA) presented Mark Wells, executive chairman of Wells Media Group Inc., with the IMCA Icon award in recognition of extraordinary leadership and exemplary achievement in insurance marketing and communications. Wells recently celebrated 50 years …
NEW YORK — New Jersey business owner Adenah Bayoh told a U.S. Senate committee hearing on Wednesday she paid about $275,000 a year to insure her group of restaurants, only to discover the limits of her policy during the coronavirus …
Home insurtech Hippo is jumping into the commercial insurance market. The California-based managing general agency startup said its expansion will focus on “targeted commercial insurance” customers. Its first product in the space is a tailored homeowners association (HOA) product. That …