P/C Insurers’ Underwriting Loss Worsened in First Half September 19, 2016 Catastrophes, lower favorable loss reserve development and challenging market conditions continued to pressure U.S. property/casualty insurers through the first half...
U.S. Lawsuit Against Samsung Claims Injuries from Galaxy 7 Explosion September 19, 2016 By Jonathan Stempel Samsung Electronics Co. was sued on Friday by a Florida man who said he suffered severe burns after his Galaxy...
Charter Bus Crashes Into North Carolina Overpass Killing 4, Injuring At Least 40 September 19, 2016 North Carolina state troopers say four people were killed and more than 40 were injured in a charter bus crash...
Porsche Denies Liability as Investor Lawsuits Mount Over VW Diesel Scandal September 19, 2016 By Karin Matussek Porsche Holding SE was caught up in the Volkswagen AG emissions debacle as investors raced to file German lawsuits ahead...
Scientists Predict Climate Change to Cause More Droughts, Flooding in Carolinas September 19, 2016 Experts warn the Carolinas will face droughts and deluges in coming years. Scientists, farmers and water managers met in Charlotte...
Report: Alabama No. 1 in Country for Prescription Opioid Use September 19, 2016 Alabama has the highest level of prescription opioid use in the country, and companies that make the painkillers and their...
Florida Regulators Approve Rate Increase for Citizens Policyholders September 19, 2016 By Amy O'Connor The Florida Office of Insurance Regulation approved a 6.4 percent overall rate increase for 2017 for Citizens Property Insurance Corp....
Re/Insurers Need to ‘Reinvent’ Products to Participate in New Economy: XL’s McGavick September 16, 2016 By L.S. Howard The re/insurance industry needs to innovate and become more efficient. It is facing more risk, but premiums are declining. Some...
Suspect Confesses to Arson at Mosque Of Orlando Nightclub Shooter September 16, 2016 By Terry Spencer An ex-convict who posted anti-Islamic rants online confessed to setting fire to a mosque that the Orlando nightclub shooter occasionally...
More People Have Health Insurance in Oklahoma but Uninsured Rate Still High September 16, 2016 A new federal study shows the number of Oklahomans without health insurance has fallen by 6 percent since 2010, but...