The third loss estimate for the Kahramanmaras Earthquake Sequence, which hit large parts of south-central Turkey and neighboring Syria on Feb. 6, 2023, has risen to $3.4 billion, according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance …
Two women were killed and another woman and two men were hospitalized with burns after a weekend fire on a pleasure boat in Long Beach, California, authorities said. The blaze was reported around 5:15 p.m. Saturday on a 35-foot motorboat …
Dispensary entrepreneur Adam Fong got tired of having his San Rafael, California operation being broken into. The business suffered five break-ins starting in 2019, with the biggest loss coming from the first theft – $10,000 worth of product and $20,000 …
The Oregon Occupational Safety and Health Division fined Hillsboro contractor Arm & Hammer Construction Inc. $66,420 for multiple violations of workplace safety rules. In one violation, the company repeatedly failed to protect workers from fall hazards that could seriously injure …
Banks seeking to sell commercial-property loans are encountering a dried-up market with few options for an easy exit. Lenders including Goldman Sachs Group Inc. and JPMorgan Chase & Co. have been trying to sell debt backed by offices, hotels and …
Pfizer Inc. said on Thursday it will begin making some products available only through its emergency ordering process, as part of steps to manage inventory at its North Carolina facility that was struck by a tornado last month. The drugmaker …
A fast-moving house fire in southern New Jersey that killed four family members, including a four-month-old baby, has been ruled an accident, authorities said Wednesday. Two women, an infant and a teenage girl died in Tuesday`s fire in Lacey Township, …
The Plexus Groupe, an insurance brokerage and advisory firm based in Deer Park, Illinois, is expanding into Tennessee and has named two business leaders to the Memphis office. Cary Cheston, who has worked with Memphis businesses on insurance needs for …
Some 30,000 workers at Yellow Corp were looking for jobs on Monday after the major trucking company filed for Chapter 11 bankruptcy protection, potentially saddling U.S. taxpayers with losses from a government rescue of the long-troubled carrier. The nearly 100-year-old …
According to IBM’s Cost of a Data Breach report, 2023 set an all-time high record with the global average data breach cost reaching $4.45 million, a 2.3% increase from 2022 and a 15.3% from 2020. The 2023 research, conducted independently …