News
Hong Kong Fire Reveals Contractor Safety Breaches, Residents’ Revolt
Homeowners at the complex destroyed in one of Hong Kong's deadliest fires were incorrectly told by the contractor blamed for the blaze had a clean safety record, documents viewed by Reuters show. ...
Police Recover Swallowed Fabergé Pendant 6 Days After it Was Stolen
New Zealand Police said Friday they have recovered a James Bond-inspired Fabergé pendant after six days of closely watching the man accused of swallowing the jewelry in an Auckland store. They said ...
Chubb, The Hartford, Liberty and Travelers Team Up on Surety Tech Co. Launch
Four surety companies—Chubb, The Hartford, Liberty Mutual and Travelers—announced the launch of a technology company that will feature a shared digital infrastructure to advance the surety ...
Swiss Re Shares Drop After New Profit Target Falls Short of Expectations
Swiss Re shares dropped 7.5 percent on Friday after the world's second-largest reinsurer announced a new profit target that fell short of market expectations. The Zurich-based company said it was ...
‘Dream Is in Sight:’ Chamber, Reinsurers, Insurers Urge Florida to Stay the Course
The message from the Florida Chamber of Commerce Insurance Summit was loud and clear: Don't mess with legislative changes that have all but restored the state's property insurance market. And while ...
Global Warming Likely to Push Future Hurricane Seasons to Extremes: Study
The 2025 Atlantic hurricane season ended with a record number of Category 5 storms, signaling new climate-driven extremes ahead, according to researchers at MS Amlin. "On paper, this year's Atlantic ...
Hong Kong High Rise Fire to Hurt Taiping Insurance Earnings: Fitch
The deadly fire that ripped through seven high-rise towers in Hong Kong is expected to result in a surge in near-term claims among insurers and hit earnings of the complex's main underwriter, an ...
Use of Automated Track Technology Will Allow Railroads to Reduce Inspections
The nation's freight railroads are going to be able to try relying more on technology and inspect their tracks in person less often after the federal government approved their waiver request on ...