Canadian insurer Manulife Financial Corp said on Tuesday it would ask a court in Saskatchewan to dismiss claims made against it by a hedge fund after the province changed its rules to limit how much an investor can put into …
Indonesia may be close to finding the main wreckage of the Lion Air plane that crashed earlier this week, as the hunt for clues to what caused the country’s worst air disaster since 1997 continued into a third day. The …
At least 10 people were killed and about 20 are missing in a trail of landslides in the mountainous region of northern Philippines after the devastation caused by Typhoon Yutu, according to government authorities. Rescuers were still searching for at …
Chubb has added Small Commercial Insurance (SCI) coverage for risks faced by small manufacturers to its digital platform – the Chubb Marketplace, which features a broad and customizable suite of products for manufacturers. With this launch, Chubb SCI now offers …
John King has been named chief underwriting officer for Brit Global Specialty USA. King moves to BGSU, based in Chicago, from his current role as group executive underwriter at Brit Global Specialty in London. King brings 30 years of experience …
A lawsuit targeting electric scooter-sharing companies seizes on the dangers of zipping around town on two wheels and brings gory detail to one of the more polarizing technology trends to emerge over the last year. Nine people who were injured …
Deal value for global insurance mergers and acquisitions was up $44.4 billion in the first six months of 2018, driven by a slew of megadeals that pushed value to its highest first-half total since the financial crisis, according to a …
Kentucky Attorney General Andy Beshear has sued a pharmaceutical company, accusing it of contributing to the state’s opioid epidemic. Beshear says he has sued Pennsylvania-based Teva for marketing its products to treat chronic pain despite the drugs being approved for …
The Southeastern United States is mostly free of drought, but a new federal assessment shows conditions are worsening slightly in Georgia and Alabama. A new map released last week by the U.S. Drought Monitor shows about one-third of Georgia is …
A.M. Best has upgraded the financial strength ratings of two workers’ compensation insurers based in Florida. RetailFirst Insurance Co. and BusinessFirst Insurance Co. have received a financial strength ratings of A- (Excellent) from A.M. Best, upgraded from B++ (Good). The …
