Harvard Claims Marsh Is to Blame for Its Loss of $15M in Coverage for Admissions Fight November 2, 2023 By Andrew G. Simpson Having lost two bids to recover $15 million from its insurer to cover costs related to its failed defense of...
California FAIR Plan Increases Commercial Coverage Limits to $20M Per Location November 2, 2023 The California FAIR Plan Association is offering increased commercial coverage of up to $20 million per location. Prior to the...
Toyota Doubles Investment at North Carolina EV Battery Plant November 2, 2023 RALEIGH, N.C. (AP) — Toyota will invest an additional $8 billion in the hybrid and electric vehicle battery factory it`s...
Storm Ciarán Batters UK and Europe With Punishing Winds and Heavy Rainfall November 2, 2023 By Todd Gillespie, Katharina Rosskopf and Anna Shiryaevskaya Storm Ciarán plowed through northwest Europe, tearing the roofs off some buildings, snarling transport networks and cutting power to more...
One Worker Killed, Another Trapped After Kentucky Coal Tipple Collapse November 2, 2023 One worker was killed and another was trapped under rubble Thursday morning after a unused, 11-story coal tipple collapsed while...
Progressive in a Better Place With Reserve Boosts Done, CEO Says November 2, 2023 By Susanne Sclafane Shoring up loss reserves and adding “the premium equivalent” of a top 8 personal auto insurer to its books has...
Australian Companies Face New Liability for Nature-Based Risks November 2, 2023 By Amy Bainbridge Australian companies and directors could face legal action if they fail to identify and account for nature-based risks, according to...
Mass London Lawsuit Against Apple Over iPhone Batteries Can Proceed, Tribunal Rules November 2, 2023 Apple Inc. on Wednesday lost a bid to block a mass London lawsuit worth up to $2 billion which accuses...
Hurricane Otis’ Impact on Mexico Insurance Industry Expected to Be ‘Controlled’: Fitch November 2, 2023 Fitch Ratings expects Hurricane Otis’ effects on Mexico’s insurance industry to be controlled and within its current ratings expectations, the...
Zurich Insurance to Buy 51% in India’s Kotak General for $487 Million November 2, 2023 By Saket Sundria Zurich Insurance Co. has agreed to buy a majority stake in Kotak Mahindra General Insurance Co. for 40.51 billion rupees...