South Korean investigators found feathers in both engines of the Boeing Co. 737-800 jet involved in a crash late last month, pointing to possible evidence that the aircraft may have lost electrical power before an ill-fated emergency landing that killed …
Juniper Re LLC, the specialist reinsurance broking arm of The Baldwin Group, announced its entry into the London market, appointing industry veteran Nick Hawke as head of office. With more than four decades of reinsurance experience in the London market, …
France has reinforced checks for foot-and-mouth disease (FMD) and issued alerts to veterinarians after an outbreak of the highly contagious virus was detected in cattle in Germany last week, prompting trade bans from several countries. France is trying to protect …
Severe drought conditions have helped fuel the Los Angeles wildfires. But a new study, released Thursday in the journal Nature comes with a warning: Climate change is making catastrophic, multiyear “megadroughts” much worse around the world. Droughts are relative — …
Two decades after its subsidiaries were deemed insolvent and 155 years after it was founded, one of the oldest insurance companies in the South has officially gone out of business. Seibels Bruce & Company’s 128,000-square-foot office building in Columbia, South …
CoreLogic announced a preliminary range of insured losses for the Eaton and Palisades Fires in Los Angeles of $35 billion to $45 billion, but there are a lot of factors that could change the numbers. “We don’t know,” Tom Larsen, …
While 2024 brought record-breaking data-breach costs and evolving cyber risk, all signs point to stable rates and ample capacity in 2025. Intense competition among cyber insurance carriers has resulted in higher limits, enhanced cyber risk management services, flexibility in insurance …
This edition of International People Moves details appointments at Arch Insurance International and Markel. A summary of these new hires follows here. Arch Insurance Int’l Promotes Senior Leaders in Casualty Team Arch Insurance International announced three senior promotions within its …
Donald Trump will leave Mar-a-Lago and head to Washington next week to be sworn in as president. On his way out of South Florida, his family business scored a long-sought local victory. In a 4-0 vote on Wednesday, the Doral …
RALEIGH, N.C. (AP) — The mother of a North Carolina university student killed while on a ride-along in a Highway Patrol cruiser can continue suing for gross negligence the trooper who drove off the road during a high-speed chase, a …