Florida Braces for Another One as Idalia Strengthens in Gulf August 28, 2023 Insureds and insurers across much of Florida began bracing for the impact of another major hurricane as Tropical Storm Idalia...
Billion-Dollar Satellite Risks Upending Space Insurance August 28, 2023 By Todd Shields and Loren Grush Viasat Inc. has more than $1 billion of orbiting satellites in trouble, and space insurers are girding for market-rattling claims....
Historic Rhode Island Hotel Damaged in Blaze to Be Torn Down; Cause Under Investigation August 28, 2023 The historic Rhode Island hotel ravaged by a fire last weekend is a total loss that will be torn down,...
Employee Impersonators Scam $2M from Pennsylvania Banks’ Customers, Officials Say August 28, 2023 A theft ring stole nearly $2 million from bank customers in central Pennsylvania in an elaborate scheme in which the...
Kansas’ MutualAid eXchange Declared Insolvent, Placed into Liquidation August 28, 2023 By Ezra Amacher The District Court of Shawnee County, Kansas has declared MutualAid eXchange (MAX) insolvent, and the company has been placed into...
AM Best Revises Outlook to Positive for Texas’ Skyward Specialty August 28, 2023 AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and...
Ukraine Says Second Ship to Sail From Odesa Reaches Romania August 28, 2023 By Aliaksandr Kudrytski A Liberian-flagged bulk carrier that was the second ship to sail from Odesa since Russia quit the Black Sea safe-transit...
P&O Cruise Ship Crashes Into Oil Tanker, Injuring Passengers August 28, 2023 By Linda Lew A P&O cruise ship with thousands of passengers on board collided with an oil tanker off the coast of Palma...
Yale Settles Lawsuit Alleging Discrimination Against Students With Mental Health Issues August 28, 2023 Yale University and a student group announced Friday that they’ve reached a settlement in a federal lawsuit that accused the...
3M Agrees to Pay More Than $5.5 Billion Over Military Earplugs August 28, 2023 By Jef Feeley and Ryan Beene 3M Co. has tentatively agreed to pay more than $5.5 billion to resolve over 300,000 lawsuits claiming it sold the...