A large swathe of Australia’s east coast is preparing for strong winds and life-threatening flooding from a tropical cyclone that’s forecast to make landfall north of the nation’s third-largest city. Cyclone Alfred was about 630 kilometers (391 miles) east of …
Australia Braces for Rare Cyclone to Hit Busy East Coast Read More »
Impending tariffs on Canada and Mexico risk driving up US car prices by as much as $12,000, further squeezing consumers and wreaking havoc across the intricate web of automotive supply lines spanning the continent. The cost to build a crossover …
Car Prices Expected to Surge on Trump’s New Tariffs Read More »
Arthur J. Gallagher & Co. announced the acquisition of New Zealand-based RMA General Ltd. (RMA) and its associated insurance broking businesses. Terms of the transaction were not disclosed. RMA provides commercial and personal insurance products as well as tailored life …
Arthur J. Gallagher & Co. Acquires New Zealand-Based RMA General Ltd. Read More »
Pay for women and men at firms in Australia’s financial and insurance services sector remains among the most unequal, according to government data that was expanded to include the salaries of more workers and a deeper analysis of wages. The …
Gender Pay Gap Endures in Australia’s Financial and Insurance Sectors Read More »
South Carolina’s governor declared a state of emergency this week as dozens of wildfires burned across parts of North and South Carolina, causing evacuations, minor property losses and unhealthy air quality. State, local and national news sites reported that more …
Crews Battle Wildfires Across Parts of North and South Carolina Read More »
Italian businessman Francesco Gaetano Caltagirone has recently raised his stake in insurer Generali to 8%, MF newspaper reported on Tuesday, citing financial sources. A spokesperson for Caltagirone had no immediate comment. According to MF, the businessman strengthened his position in …
Italian Businessman Caltagirone Raises Stake in Generali to 8%, MF Daily Says Read More »
A class action lawsuit filed in Texas alleges GEICO doesn’t abide by its Accident Forgiveness program when a driver with an unblemished record gets into a first, at-fault accident. Texas resident Christopher Cude sued GEICO on Feb. 25, alleging the …
Texas Lawsuit Alleges GEICO Raises Premiums Despite Accident Forgiveness Promise Read More »
Kraken said the US Securities and Exchange Commission has agreed in principle to drop its lawsuit against the cryptocurrency exchange, the latest in a series of dismissals of legal actions against crypto companies by the market regulator. There will be …
Kraken Is Latest Crypto Firm to Say SEC Agrees to Drop Lawsuit Read More »
As public perception and the legality of cannabis and other novel psychoactive substances continue to evolve, what emerging risks and litigation should insurance professionals keep an eye on? Last week, Verisk Analytics hosted a webinar to answer those questions and …
Verisk Webinar Highlights Emerging Psychoactive Substance Risks Read More »
SCARBOROUGH, Maine (AP) — The waters off New England had another warm year but didn’t heat up as fast as earlier this decade, bucking a trend of higher warming worldwide, said scientists who study the Atlantic Ocean near Maine. The …
New England Waters Warming More Slowly But Temps Remain High Read More »
