Japan Insurers to Maintain Cover for LNG Vessels in Russian Waters December 30, 2022 By Ritsuko Shimizu and Yuka Obayashi Japanese insurers are expected to maintain marine war insurance, which covers the sinking and requisition of ships due to war...
Global Natural Catastrophe Insurance Losses Estimated at $112B in 2022: Carpenter December 30, 2022 Global insurance losses for natural catastrophes are projected to reach $112 billion in 2022, reinsurance broker Guy Carpenter said on...
Highway Fatalities Top 170 in Maine December 29, 2022 Maine is likely to finish the year with its highest number of highway fatalities in 15 years, as a pandemic...
Pennsylvania Helps Buffalo Clear Snow; State Acts on Insurance, Banks, Flood Risk December 29, 2022 By Andrew G. Simpson Like a good neighbor, the state of Pennsylvania is sending equipment and personnel to help neighboring Buffalo, New York, dig...
Ohio Supreme Court: Ransomware Did Not Cause Direct Physical Loss December 29, 2022 A business owner’s insurance policy did not provide coverage for software damaged by a ransomware attack because there was no...
Oklahoma Airport Says Air Force Charter Damaged Runway December 29, 2022 STILLWATER, Okla. (AP) – A military cargo aircraft carrying the U.S. Air Force Academy women’s basketball team to a game...
Heating Methods Suspected in Ohio Fire After Family of 6 Killed December 29, 2022 NEWCOMERSTOWN, Ohio (AP) – Authorities investigating a fire that claimed the lives of six members of an Ohio family are...
One Storm Departs California as Another Lines up to Enter December 29, 2022 SACRAMENTO, Calif. (AP) – Dense fog plagued California’s Central Valley early Wednesday as one winter storm left the state and...
$5.4B Insured Losses from Winter Storm Elliot: KCC December 29, 2022 Insured damage to residential, commercial, and industrial properties and automobiles will be about $5.4 billion from Winter Storm Elliot, according...
Insurance M&A Activity Slowed in 2022: S&P December 29, 2022 Berkshire Hathaway’s $11.6 billion acquisition of Alleghany Corp. was the largest insurance transaction in 2022 but insurance M&A activity dropped...