News
Boeing Will Pay $2.5B to Resolve U.S. Criminal Probe of 737 MAX Crashes
Boeing Co will pay more than $2.5 billion in fines and compensation after reaching a settlement with the U.S. Department of Justice over two plane crashes that killed a total of 346 people and led to ...
Norwegian Landslide Will Cost Insurers $107M
COPENHAGEN, Denmark (AP) – A landslide that swept away homes in a residential area north of the Norwegian capital will cost insurance companies at least 900 million kroner ($107 million), a ...
2020 Temperatures Rounded Off Hottest Decade, Hit Record
Last year tied with 2016 as the world's warmest on record, rounding off the hottest decade globally as the impacts of climate change intensified, the European Union's Earth observation service said ...
No Insurance: Taxpayers on Hook for U.S. Capital Mob Attack Damage
U.S. taxpayers will be on the hook for damage from a mob attack on the U.S. Capitol in Washington on Wednesday because the building and grounds are not insured, industry sources said. Supporters of ...
Goosehead Insurance Axes Employee Involved in Storming of Capital
Texas-based personal lines insurance agency Goosehead Insurance has fired an employee who participated in the storming of the Capitol on Jan. 6. According to a posting on Goosehead's Twitter account, ...
Natural Catastrophe Damages Reached $210B in 2020: Munich Re
Natural catastrophes around the world resulted in $210 billion in damage in 2020, with the United States especially hard hit by hurricanes and wildfires, a top insurer said on Thursday. The damage, ...
Maguire Academy of Insurance and Risk Management at SJU Welcomes New Executive Director
Maguire Academy of Insurance and Risk Management at Saint Joseph's University Haub School of Business in Philadelphia announced that it has hired Storm Wilkins as its new executive director. Wilkins, ...
In-Person Again? Some P/C Groups Are Planning Gatherings, With an Asterisk
Some of the property/casualty insurance industry's major industry groups are actively planning for face-to-face meetings again in 2021. Don't worry, virtual events are also part of the game plan. To ...