Progressive to Pay Policy Limits in Fatal Boat Crash That Involved Murdaugh’s Son October 16, 2024 By Staff and Wire Reports Progressive Insurance will pay $500,000, the policy limits, to the family of a young woman killed in a 2019 boat...
State Says Exiting Steward Health Lacks Required Insurance for Employees, Physicians October 16, 2024 By Andrew G. Simpson Thousands of Massachusetts medical professionals and other employees of troubled hospital operator Steward Health Care are at risk because Steward...
Hurricane Milton Insured Losses in $30B-$50B Range, Says Verisk October 16, 2024 Catastrophe modeler Verisk said it expects insured losses from Hurricane Milton will be between $30 billion and $50 billion from...
FEMA Workers Change Response Tactics in North Carolina After Threats October 16, 2024 By Gary D. Robertson and Sarah Brumfield RALEIGH, N.C. (AP) — Federal disaster workers paused and then changed some of their hurricane-recovery efforts in North Carolina, including...
City of London Chief Says Brexit ‘Disaster’ Cost 40,000 Finance Jobs October 16, 2024 By John O'Donnell, Elisa Martinuzzi and Andy Bruce Britain’s departure from the European Union cost London’s financial center about 40,000 jobs, the Lord Mayor of the City of...
UK Fears Chinese Hackers Compromised Critical Infrastructure October 16, 2024 By Ellen Milligan, Alex Wickham and Jamie Tarabay Chinese state actors have made widespread — and likely successful — efforts to access British critical infrastructure networks, according to...
Lufthansa Agrees to Pay $4M Penalty Over Treatment of Jewish Passengers October 16, 2024 By David Shepardson Lufthansa has agreed to pay a $4 million penalty for allegedly discriminating against Jewish passengers who were trying to board...
Italy to Tap Banks, Insurers for €3.5 Billion in Budget Plan October 16, 2024 By Alessandra Migliaccio Prime Minister Giorgia Meloni’s cabinet is tapping Italy’s banks and insurers to help finance its budget, according to a new...
Explaining Deductibles After Multiple Florida Hurricanes October 16, 2024 By Patrick Wraight Deductibles serve several purposes. They provide some premium relief for the insured. They make insureds less likely to file smaller...
The ‘Waffle House Index’ Helps Residents, FEMA Gauge a Storm’s Severity October 16, 2024 By Hannah Schoenbaum Golden hashbrowns, gravy-smothered biscuits and crispy waffles with a hearty helping of maple syrup are among the classic Southern comfort...