Insurance

Chile has agreed to an earthquake insurance program with the World Bank protecting it from $630 million worth of damage from strong earthquakes, in an effort to shore up risks to public debt from possible natural disasters. The insurance will …

A Kentucky university has agreed to a settlement of more than $14 million over the death of a student wrestler hours after practice, the school announced. The settlement over the death of junior Grant Brace, 20, of Louisville, Tennessee, includes …

Banking stocks and bonds plummeted on Monday as the hit to investors from UBS Group’s state-backed takeover of Credit Suisse fanned concerns about the health of the global banking sector. UBS shares fell by as much as 16% in early …

A North Carolina teenager who was struck by a car this week while departing a school bus in Halifax County is now in good condition, a hospital spokesperson said Friday. Tillman Mitchell, a 17-year-old student at the Haliwa-Saponi Tribal School …

For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing insurance companies to write off cars with few miles – leading to higher premiums and undercutting gains from going electric. …

A trademark dispute over a poop-themed dog toy shaped like a Jack Daniel’s whiskey bottle coming before the U.S. Supreme Court could redefine how the judiciary applies constitutional free speech rights to trademark law. In a case to be argued …

Crypto isn’t the only edgy new industry being roiled by the collapse of several banks. US companies that deal directly with cannabis, a federally illegal substance, are already shut out of large banks. So these companies have increasingly found support …

The U.S. Federal Trade Commission (FTC) on Thursday issued orders to eight social media and video streaming firms including Meta Platforms Inc., Twitter, TikTok and YouTube seeking information on how the platforms screen for misleading advertisements. Snap, Amazon.com Inc-owned Twitch, …

Berkshire Hathaway Inc.’s Warren Buffett has been in touch with senior officials in President Joe Biden’s administration in recent days as the regional banking crisis unfolds. There have been multiple conversations between Biden’s team and Buffett in the past week, …

DETROIT (AP) – Up to 100 vehicles were involved in a massive pileup on Interstate 96 during white-out conditions, Michigan police said. There were reports of injuries that do not appear to be serious, police said on Twitter. Early reports …