A fire at a northwest Louisiana condominium complex has destroyed 30 units. The Shreveport Fire Department tells local news outlets that it took three-and-a-half hours Wednesday to bring the blaze under control at the Fairfield Oaks condominium complex south of …
As soon as the first community was shut down to slow the spread of the coronavirus or the first announcement of a safer at home order by a governor, some of us saw the storm of suits coming related to …
Two of the six people killed in a massive crash involving about 130 vehicles on an icy Texas interstate in February were fatally struck after getting out of their vehicles, a federal agency reported on April 21. The National Transportation …
LONDON — Insurers want to put more money into private equity this year while scaling back on hedge funds, a survey by Goldman Sachs Asset Management showed on Wednesday. Private equity was the most-favored asset class for insurers seeking to …
Dozens of vehicles crashed in near whiteout conditions on a Washington County, Wisconsin, interstate, killing one person and seriously injuring six people, according to sheriff’s officials. At least 48 vehicles, including several semis, were involved in multiple crashes that closed …
Driven by the COVID-19 pandemic, businesses and public entities increased their reliance on risk management technologies, as vendors expanded their offerings to meet their needs. A survey of 1,100 risk professionals found that 38 percent of the respondents increased their …
W.R. Berkley Corp. reported record quarterly underwriting income, double-digit premium growth and healthy rate increases in the first quarter. The commercial lines insurer and reinsurer also saw its net income soar to $229.5 million, or $1.23 per diluted share, compared …
The family of a 5-year-old boy who drowned during a kayaking excursion has reached a $7.2 million settlement in a lawsuit against the Hawaii private school that operated the spring break program. In announcing the amount Monday, lawyers for the …
A Black Kansas City firefighter was subjected to racial discrimination then fired in retaliation for his complaints, a federal jury found in a trial that highlighted systemic racism in the department. The Unified Government of Wyandotte County and Kansas City, …
U.S. property/casualty insurers returned nearly $13 billion in premiums to policyholders in 2020 to reflect reduced exposures from the COVID-19 pandemic. Auto insurers returned premium in the greatest numbers, though general liability, workers’ compensation, event cancellation and inland marine sectors …