Claims & Reserving
Warm Pacific, Weak El Niño Are Soaking Midwest Farms, Slowing Commerce
American farmers raising their fists to the sky this year may be better off directing their ire toward the ocean. Abnormally warm water in the eastern Pacific, along with a weak El Nino along the ...
Carcinogen-Tainted Heart Drugs Lead to a Wave of Lawsuits
Dozens of lawsuits have been filed against drug makers and sellers over widely prescribed generic heart medications tainted with potential carcinogens, the first claims in what some lawyers expect to ...
Most of Notre-Dame’s Treasures Saved by Contingency Evacuation Plan
Some 90 percent of the priceless relics and art works housed within the Notre-Dame de Paris cathedral were saved from Monday's devastating fire as contingency plans to evacuate the treasures worked, ...
AXA Exposed: Carrier Discloses It Covered Two Contractors Working on Notre-Dame Restoration
French insurance firm AXA said on Tuesday it provided insurance coverage for two of the contracting firms that were working on Notre-Dame's restoration prior to the blaze that devastated the ...
Major European Insurers Expect France to Shoulder Notre-Dame Rebuilding Cost
Major European insurers expect France to bear the bulk of the cost of rebuilding the Notre-Dame Cathedral after a fire tore through the eight-centuries-old Paris landmark on Monday. The cost of a ...
California Gov. Newsom Proposes Fund to Cover Wildlife Liabilities
California Governor Gavin Newsom on Friday proposed a new fund to pay for wildfire liabilities and said he would hold the state's largest utility more accountable for insuring safety against the ...
2 Romanians Convicted in Malware Scheme That Infected 400,000 Computers
A federal jury on Thursday convicted two Bucharest, Romania, residents of 21 counts related to their scheme to infect victim computers with malware in order to steal credit card and other information ...
Several Oil Companies Allege U.S. Government Sold Toxic Crude
Exxon Mobil Corp. is the latest company to raise concerns that a stockpile of U.S. government crude is tainted with poisonous gas. The American energy giant said some of the oil it purchased last ...