Insured Losses from Australia’s Hailstorms Hit US$352.5 Million January 24, 2020 The Insurance Council of Australia (ICA) has declared a catastrophe for damage caused by hailstorms that struck eastern Melbourne, the...
As Insurers Pull Back from Australia’s Bushfire Zones, They Could Become Uninhabitable January 24, 2020 By Matthew Burgess Australian wildfires that have razed thousands of homes and blackened an area about the size of England may also create...
China’s New Coronavirus Doesn’t Always Cause a Fever so Detection May Be Difficult January 24, 2020 By Bloomberg News China’s new deadly virus is more difficult to contain than other pandemics because those infected may not get a fever,...
Indonesia to Tighten Oversight of Troubled Insurance Industry as Crisis Continues January 24, 2020 By Tassia Sipahutar and Arys Aditya With Indonesia’s oldest life insurer tottering on the brink of collapse following years of alleged mismanagement, authorities plan to tighten...
Trump OKs North Dakota Storm-Related Disaster Declaration January 24, 2020 President Donald Trump has approved a disaster declaration for North Dakota after an October storm dumped heavy rain and snow...
AXA Reviews Potential Sale of Middle Eastern Operations: Sources January 24, 2020 By Jan-Henrik Förster and Dinesh Nair AXA SA is considering options for its Middle Eastern operations including a potential sale, as Chief Executive Officer Thomas Buberl...
U.K. Financial Services Firms Must Prepare for Failure of Brexit Trade Deal: Regulator January 24, 2020 By Huw Jones Financial firms in Britain should be ready in case no trade agreement is struck with the European Union by December,...
Florida Lawmakers Propose Task Force to Protect State from Sea-Level Rise January 24, 2020 By Bobby Caina Calvan After years of mostly ignoring climate change, Florida lawmakers waded deeper into the matter on Tuesday, advancing a proposal that...
4 Racehorses Die at New Orleans Track in 10-Day Span January 24, 2020 Four thoroughbred racehorses were euthanized after competing at a New Orleans track in a 10 -day span, prompting criticism from...
Wisconsin Manufacturer Fined $171K for Exposing Workers to Lead, Other Hazards January 24, 2020 The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited Milwaukee Valve Company Inc. – based in...