Insurance
Fire That Killed Memphis Firefighter Was Arson, Fire Department Says
Authorities searched on Thursday for the person who set a fire that killed a Memphis firefighter and sent three others to the hospital. The Memphis Fire Department said arson was to blame for a fire late Tuesday that killed Lt. …
Read More Greece Fights Almost 200 Wildfires as Wind Raises Risk Throughout Mediterranean
Greece is fighting almost 200 wildfires as strengthening winds present an additional challenge, even as the heat wave across the Mediterranean eases. More villages in mainland Greece were evacuated on Thursday as blazes threatened, while two people died in Velestino. …
Read More Allstate Loses $17M NC Job Incentive Plan Due to So Many Remote Workers
Allstate Insurance is no longer eligible for one of the largest incentive packages from the state of North Carolina, created when Allstate pledged to add more than 2,200 workers in Charlotte. The insurance carrier said too many remote workers made …
Read More Vermont Farmers Urged to Document Crop Losses From Flooding
Vermont state and federal officials are urging farmers to document and report damage from the catastrophic flooding that hit the state two weeks ago and inundated crops in the rural mountainous state known for its scenic farmland. They toured Paul …
Read More Fire on New York City Construction Crane Causes Collapse
A tall construction crane caught fire in Manhattan on Wednesday morning, and its arm hit a building as it crashed to the street below. Photos and videos posted on social media show flames bursting from the car of a crane …
Read More People Moves: Brough Head of Aspen Marketing and U.S. Distribution; Giannisis is HUB North American Property Practice Leader
Aspen Appoints Brough Head of Marketing and U.S. Distribution Aspen Insurance Holdings Limited, headquartered in Hamilton, Bermuda, appointed Caryn Brough head of US distribution. She will also continue overseeing Aspen’s global marketing and brand strategy as group head of marketing. …
Read More 22 States Move to Block 3M’s $10.3 Billion PFAS Deal
A group of 22 states and U.S. territories on Wednesday moved to block a proposed $10.3 billion settlement that would resolve claims against 3M Co over water pollution tied to “forever chemicals,” claiming the deal fails to adequately hold the …
Read More Typhoon-Prone Philippines Seeks New Insurance After Lapse of Catastrophe Bond
The Philippines, recovering from damage wrought by Typhoon Doksuri, is seeking a new insurance plan as protection against future calamities after its catastrophe bond lapsed. “We no longer have a cat bond,” National Treasurer Rosalia de Leon said in reply …
Read More Climate Change Lawsuits More Than Double in 5 Years as Impacts Hit Home
The number of court cases related to climate change has more than doubled in five years as impacts ranging from shrinking water resources to dangerous heatwaves hit home for millions, a report said on Thursday. Some 2,180 climate-related lawsuits have …
Read More China Prepares for Typoon Doksuri as Storm Shuts Parts of Taiwan
China canceled dozens of flights and trains in preparation for Typhoon Doksuri, which has shuttered much of southern and eastern Taiwan after bringing torrential rain and strong winds to the Philippines. At least three people have been killed by the …
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