Firefighters have been able to slow the growth of a massive wildfire burning in the mountains of northeastern New Mexico as they prepared Wednesday for another round of red-flag weather that has the potential to push the flames through more …
CAC Specialty added Rick Eisenstat and Justin Sharp to its natural resources team. Eisenstat is an environmental law specialist and will serve as vice president. His expertise in environmental law. He most recently worked with Galloway, Johnson, Tomkins, Burr and …
Stress on global supply chains worsened in April as coronavirus lockdown measures in China and the war in Ukraine lengthened delivery times, and air freight costs between the United States and Asia rose, the New York Federal Reserve reported in …
Rising commercial property insurance costs have gotten the attention of executives across a broad cross-section of corporate America. Aon, a leading broker of commercial insurance, reports that fourth-quarter 2021 was the 17th consecutive quarter of positive rate increases for commercial …
The effects of human-caused climate change were responsible for roughly $4 billion of the $10 billion in insured losses resulting from Typhoon Hagibis that struck Japan in October of 2019, according to a new analysis of the storm. Hagibis, which …
Farmers in parts of Canada’s Prairies are struggling to get crops in the ground as heavy rains continue to wallop the eastern region in the latest threat to global grain supplies. Virtually no seeding has been done in Manitoba as …
Climate change is hurting the insurance industry and only 8% of insurers are preparing adequately for its impact, consultants Capgemini and financial industry body Efma said in a report on Tuesday. Insured losses from natural catastrophes have increased 250% in …
Shares in Life Insurance Corp. of India (LIC) slid 6% in their market debut on Tuesday, a fresh setback for the state-owned giant after its IPO, while record-breaking, raised far less for the government than initially envisioned. India’s biggest insurer …
A boat insurance claim denial and fraud investigation have surfaced as integral pieces of the murder case being brought against a 28-year-old Vermont man charged with killing his grandfather and mother for inheritance money. In addition to facing two murder …
Cyber attacks are now seen as the dominant risk for many businesses – ahead of the pandemic, economic downturn, skills shortages and other issues, according to a report published by Hiscox. For its Cyber Readiness Report 2022, Hiscox found that …