The four largest European based reinsurers – Munich Re, Swiss Re, Hannover Re and SCOR – reported sharply higher profits in the first half of 2021, compared with the same period in 2020 — as a result of lower COVID-19 …
Former residents of the Surfside, Fla. collapsed condominium have filed a consolidated amended class action complaint against the building’s condo association. Plaintiffs allege that the Champlain Towers South Condominium Association breached its duty by neglecting to maintain, repair, and replace …
The four largest European based reinsurers – Munich Re, Swiss Re, Hannover Re and SCOR – reported sharply higher profits in the first half of 2021, compared with the same period in 2020 — as a result of lower COVID-19 …
Tropical storm warnings have been posted across the eastern Caribbean as a system gathers power and takes shape southeast of Dominica, the National Hurricane Center said. With winds of 35 miles (56 kilometers) per hour, the system will likely become …
AM Best revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of National American Insurance Co. (NAICO) in Chandler, Oklahoma. Established in 1987, NAICO …
German reinsurance group Munich Re said on Tuesday it would meet its 2021 profit goal as it raised its forecast for gross premiums and predicted higher pandemic-related losses than previously anticipated. Munich Re made the announcements on the back of …
A wildfire in the Superior National Forest of northeastern Minnesota has grown to 5 square miles (13 square kilometers) as hot, dry and windy conditions persist, officials said. U.S. Forest Service and other crews have been fighting the fire from …
A Catholic priest in South Carolina has been placed on leave after he was sued by a woman who said the pastor manipulated her into a sexual relationship. Father Wilbroad Mwape was removed at least temporarily as the pastor at …
Japanese cryptocurrency exchange Liquid said on Thursday it was hit by hackers in a theft estimated at more than $94 million, the latest crypto platform to be targeted by cyber criminals. “We are sorry to announce that #LiquidGlobal warm wallets …
First American Title Co. has agreed to pay $1 million after a California Department of Insurance investigation alleged that one of its title marketing representatives violated state law protecting consumers from conflicts of interest that can inflate the cost of …