US P/C Insurance Industry Posts First H1 Underwriting Profit Since 2021 August 29, 2024 The U.S. property/casualty insurance industry recorded a net underwriting gain of $3.7 billion and net income of $94.6 billion for...
Southern California Edison Seeks to Recover $1.6B of Wildfire-Related Losses August 29, 2024 By Sourasis Bose Southern California Edison, a unit of utility Edison International said on Thursday it was seeking approval for a settlement agreement...
Alabama Shipbuilder Austal to Pay $24M to Settle Accounting Fraud Probe August 29, 2024 By Kim Chandler MOBILE, Ala. (AP) — Austal USA, an Alabama-based shipbuilder that makes vessels for the U.S. Navy, has admitted wrongdoing and...
Inadequate Inspections and Oversight Cited in Fatal WV Helicopter Crash August 29, 2024 By John Raby CHARLESTON, W.Va. (AP) — Inadequate inspections by an operator and a lack of oversight by the Federal Aviation Administration were...
US Appeals Court Takes Aim at Big Tech Liability Shield August 29, 2024 By Olivia Carville A US appeals court has struck down a long-standing argument from social media platforms: that a federal law grants them...
Mosquito-Borne Encephalitis Virus Takes Life of New Hampshire Resident August 29, 2024 By Patrick Whittle A New Hampshire resident infected with the mosquito-borne eastern equine encephalitis virus has died, state health authorities said. The Hampstead...
Captain of Sunken Superyacht Declines to Answer Prosecutors’ Questions, Lawyer Says August 29, 2024 The captain of a superyacht that sank during a storm off Sicily last week, killing seven people, decided not to...
Hedge Fund Fermat Says Returns Took a Hit Amid Catastrophe Bond Selloff August 29, 2024 By Gautam Naik Fermat Capital Management, one of the world’s biggest investors in catastrophe bonds, says anxiety about this year’s hurricane season has...
Court Tosses Missouri Law That Banned Police From Enforcing Federal Gun Laws August 29, 2024 By Summer Ballentine COLUMBIA, Mo. (AP) — Federal appellate judges overturned a Missouri law Monday that banned police from enforcing some federal gun...
Romanian Government Plans Drought Insurance Scheme for Farmers August 29, 2024 The Romanian government plans to approve an insurance system for agricultural land as part of a series of measures to...