In another setback for electric car demand in China, where uptake has slowed in recent months, some drivers are now finding themselves paying more for insurance — and are taking to social media to complain. In one report last week, …

A violent storm that hit the Northeast the past two days has taken the lives of at least four people, three of whom were killed when uprooted trees crashed into their vehicles. Heavy rains and snow along with winds as …

The Florida Office of Insurance Regulation is reminding carriers that additional data is due April 17 on Hurricane Ian claims. All property insurers are required by law to submit the enhanced catastrophe reports, including additional claims and other data gathered …

Arch Insurance North America, part of Bermuda’s Arch Capital Group Ltd., announced it has entered into an agreement to acquire Allianz Global Corporate & Specialty’s US MidCorp and Entertainment businesses for a cash consideration of $450 million. The transaction includes …

MADISON, Wis. (AP) — A worker burned in a 2022 explosion during renovation work on the University of Wisconsin’s Camp Randall Stadium has settled his lawsuit against the project’s general contractor for $22 million, his attorney says. The settlement in …

A construction worker was killed and three other people were injured when a crane section fell onto a bridge in Fort Lauderdale, Florida, heavily damaging cars that were crossing the bridge Thursday. The Miami Herald and other news sites reported …

The U.S. Army Corps of Engineers said Thursday it expects to open a new channel to the Port of Baltimore by the end of April, freeing up commercial shipping blocked by a collapsed bridge, and then restore port access to …

Subsidized insurance would attract investors to help rebuild Ukraine’s war-battered economy, according to the European Bank for Reconstruction and Development. “Reconstruction could start very quickly,” EBRD Chief Economist Beata Javorcik told Bloomberg Television on Friday. “I was in Berlin a …

Women’s representation in senior level positions at US companies faces an “alarming turning point,” with steady growth showing signs of fatigue for the first time in two decades, according to a new report. Women accounted for 11.8% of the approximately …

Donald Trump must prove within 10 days that the company providing his $175 million appeal bond in New York’s civil fraud case is financially capable of paying up if his legal challenges fail, the state told a judge. New York …

For the first time, a fixed-income sector — private credit — topped the list of favored assets in Goldman Sachs Asset Management’s annual survey of global insurance companies. Of the 359 executives polled, 53% ranked private credit among the top …

A lack of investment in green energy has left the world on track to overshoot the 1.5C temperature increase that scientists have defined as a critical threshold in global efforts to contain climate change. The finding was published on Thursday …