Insurance
Owner of Collapsed Iowa Apartment Building Files Lawsuit Blaming Engineering Company for Negligence
DAVENPORT, Iowa (AP) – The owner of an Iowa apartment building that collapsed in May, killing three people, has filed a lawsuit that blames an engineering company for not warning the building was structurally unsound and that residents should be …
Read More People Moves: Marsh Names Harris CEO, UK Retail; AXA XL Appoints Meier as Chief Client Officer
This edition of International People Moves details appointments at Marsh McLennan and AXA XL. A summary of these new hires follows here. Marsh Appoints Harris as CEO, UK Retail Marsh McLennan announced the appointments of Nick Harris as CEO, UK …
Read More Authorities Looking for Source of Oil Spill at Florida’s Port Manatee
The U.S. Coast Guard is continuing to investigate the source of an oil spill that contaminated more than 19,000 gallons of water at Port Manatee in Tampa Bay. The spill was reported last week and crews have worked since then …
Read More E&S Market Lines Expand, Outperform Broader P/C in 2022
The U.S. excess and surplus (E&S) lines market had a good year in 2022, growing to account for nearly 9% of the U.S. property/casualty (P/C) insurance industry. E&S direct written premiums (DWP) increased for the twelfth consecutive year and reported …
Read More Atlantic Storm Lee Set to Explode in Strength
Tropical Storm Lee is on track to tie Hurricane Franklin to become 2023’s strongest Atlantic storm with winds of 150 miles per hour by this weekend as it plows through the ocean north of Puerto Rico, the US National Hurricane …
Read More Things to Know About Lawsuits and Tourism a Month After Fire Leveled a Hawaii Community
Nearly a month after the deadliest U.S. wildfire in more than a century killed at least 115 people, authorities on Maui are working their way through a list of the missing that has grown almost as quickly as names have …
Read More Google Tentatively Settles States’ Play Store Antitrust Suit
Alphabet Inc. tentatively settled claims that Google Play abuses its control over Android mobile applications, potentially resolving complaints over the company’s policies filed by consumers and attorneys general of about three dozen states. The deal was disclosed in a court …
Read More ‘Eyewall Replacement’ Led to Weakening of Hurricane – This Time, NHC Says
In the final hours before Hurricane Idalia struck Florida the storm had grown into a Category 4 beast lurking off the state’s west coast, and the forecast called for it to continue intensifying up until landfall. An Air Force Reserve …
Read More 52 Million Air Bag Inflators Should Be Recalled Over Rupture Threat: NHTSA
U.S. auto safety regulators said on Tuesday that 52 million air bag inflators produced by auto suppliers ARC Automotive and Delphi Automotive need to be recalled because they may rupture and send dangerous metal fragments flying. The National Highway Traffic …
Read More US Homebuyers Weigh Climate Risk in Picking a House, Zillow Says
More than four in five US homebuyers are factoring in climate risks when they shop for a new house, according to a new survey by real estate firm Zillow. Some 83% of respondents said they weighed at least one climate …
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