Powerful 7.1 Magnitude Quake Hits Philippines, Killing at Least 4 July 27, 2022 By Neil Jerome Morales and Karen Lema A powerful 7.1 magnitude earthquake struck the northern Philippine island of Luzon on Wednesday killing four people, damaging buildings and...
Natural Disasters Cost Insurers $39B During H1 2022, 18% More Than Average: Aon July 27, 2022 Insured losses from global natural disaster events were estimated at $39 billion during the first half of 2022, 18% higher...
Michigan Jury Gets Flint Water Case About Liability for Engineers July 27, 2022 Jurors heard closing arguments last week in the only trial to arise thus far from the Flint water crisis, a...
Officials Investigate Missouri Theme Park Worker’s Death July 27, 2022 An employee of Silver Dollar City near Branson, Missouri has died from head injuries while working at the park, federal...
North Texas Grass Fire Torches 20 Homes July 27, 2022 By Terry Wallace A grass fire apparently sparked by a mower swept about 300 yards across a tinder-dry open field to a suburban...
Brown & Brown’s GRP Acquires Insurance Portfolio of WM Brokers Ltd. July 27, 2022 Global Risk Partners (GRP), part of Brown & Brown, announced it has acquired the general insurance portfolio of Woodward Markwell...
Ford Bronco Engine Failures Prompt US Safety Investigation July 27, 2022 Ford Motor Co.’s hot-selling Bronco sport-utility vehicle is the subject of a safety investigation by federal regulators for catastrophic engine...
Teva Reaches Proposed $4.35 Billion Settlement of Opioid Lawsuits July 27, 2022 By Dietrich Knauth and Nate Raymond Teva Pharmaceutical Industries on Tuesday announced a $4.35 billion proposed nationwide settlement that could resolve thousands of lawsuits over the...
California Commissioner Announces Action to Protect Residents from Non-Renewals July 26, 2022 California Insurance Commissioner Ricardo Lara on Tuesday sent out a message to residents in Mariposa County who have been ordered...
Chubb Q2 Net Income Drops $1 Billion; Books Record Insurance Results July 26, 2022 Chubb Ltd. late Tuesday said second quarter net income was about $1.22 billion, more than a 46% fall from $2.27...