Thousands fled their homes as major wildfires encroached on a charred area of Northern California still recovering from severe blazes in recent years, sparking concern the state may be in for another destructive series of wildfires this summer. California officials …
A Vermont school district says $50,000 was stolen electronically from one of its bank accounts. Cindy Brownell, the board chair of the Pownal Elementary School District, says officials believe the theft occurred from outside the country, but they don’t know …
State Farm Mutual Automobile Insurance Company plans to cut its rates in Pennsylvania. The total state-wide expected impact of this rate change for State Farm Mutual in Pennsylvania is approximately $49.5 million, set to affect approximately 1.7 million policyholders. As …
The Rhode Island General Assembly has passed H-8013/S-2679, which aims to effectively ban the use of aftermarket parts in the repair of vehicles. The bill is now awaiting Rhode Island Governor Gina Raimondo’s action. If signed, the legislation provides that …
A Brexit clause has been published by the International Underwriting Association (IUA) to help companies manage insurance contracts as the UK leaves the European Union. The Brexit Contract Continuation Clause aims to clarify how firms will continue to pay claims …
South Africa’s prodigal insurer returned home to a lukewarm welcome on Tuesday. Old Mutual Ltd. started trading its stock in Johannesburg at 28.50 rand before swinging between 28.20 rand and 29.39 rand. The listing — done in conjunction with others …
When Carla Jordan and her husband were hit with a cascade of serious medical issues, she knew that at least her family had health insurance through her job. What she didn’t realize was that even with that coverage, a constant …
BP Plc, Exxon Mobil Corp. and Chevron Corp. escaped blame for the public costs of global warming when a U.S. judge ruled that lawsuits by cities against oil companies aren’t the answer to climate change. “The problem deserves a solution …
Ten days ago, a Banksy print valued at about $40,000 was stolen from a Canadian exhibit of the artist’s work. It was a seemingly effortless crime—a man walked in, took the work off the wall, and walked out—but then, most …
The European Union’s default market access for foreign financial firms will not be eased for Britain after Brexit and improvements to the equivalence regime will apply to all third countries, an EU official told Reuters. The official’s comments raise the …
