U.S.
Fox News, Ailes Reportedly Pay $20M to Resolve Gretchen Carlson Suit
Fox News settled a sexual harassment lawsuit with former news anchor Gretchen Carlson, whose claims sparked a widespread internal probe and led to the ouster of Roger Ailes, the Republican political ...
Negative Reinsurance Sector Outlook Not Changing Anytime Soon: A.M. Best
A.M. Best said its outlook for the reinsurance sector remains negative due to a multitude of factors, and it will likely stay that way for quite some time. "Our rating outlook remains longer-term ...
Farmers Launches Food Truck Insurance Product
Farmers Insurance has launched an innovative new policy that offers licensed food truck owners the opportunity to purchase a single policy that combines commercial automobile coverage for their truck ...
Battery Combustion Risk Forces Recall of Samsung Galaxy 7 Smartphones
Samsung Electronics Co. recalled its Galaxy Note 7 smartphones because of a faulty battery and announced a global replacement program, days before archrival Apple Inc. is set to unveil its newest ...
Hospital Surgery Rates for Workers Comp Vary Widely
Hospital rates for outpatient surgery paid by workers compensation vary significantly across states, with those states with fixed fee schedules having lower surgery costs for injured workers. Workers ...
H1 Catastrophe Losses Are High, and Texas Endured Many of Them
Weather catastrophe activity slammed into 39 states during the 2016 first half. But in a six-month period where insured losses rose well above typical levels, Texas was by far the worst hit, ...
‘Manageable’ Losses Predicted From Hurricane Hermine
Hurricane Hermine, which is poised to land in Florida Friday, may result in "manageable" losses for the insurance industry, according to Keefe Bruyette & Woods analyst Meyer Shields. The storm is ...
Insurance Companies, Pension Funds Carve Out Large Piece of Currency Trading
Non-bank financial institutions like insurance companies, mutual funds and pension funds account for more than 50 percent of daily turnover in the currency market, a survey of the foreign exchange ...