U.S.
Family Cites ‘Colossal Miscommunication’ in Lawsuit Over Fatal Amtrak Crash
A lawyer filing suit over a fatal Amtrak crash near Philadelphia blamed a "colossal miscommunication" for the deaths of two rail workers killed when a train traveling 106 mph struck a backhoe on the ...
Lunch With Warren Buffett Will Cost an Anonymous Bidder $3.46M
An anonymous bidder agreed at auction to pay $3,456,789 to eat lunch with Warren Buffett, tying the record for the right to dine with one of the world's most admired investors. Money will go to ...
Fla. Supreme Court Finds 104-Week Temporary Disability Benefits Cap Unconstitutional
The Florida Supreme Court has delivered another blow to Florida's workers compensation system with a ruling that the state's statutory 104-week cap on temporary disability benefits is ...
Zurich CEO Mario Greco Simplifies Corporate Structure
Zurich Insurance AG's new chief executive officer, Mario Greco, is shaking up the largest Swiss insurer after an unexpected jump in claims last year forced it to abandon a takeover and prompted his ...
Beef and Other Emerging Risks
Beef may seem relatively benign to you, but Swiss Re's latest SONAR report considers it an emerging risks for insurers to watch. The reinsurer's annual emerging risk list also includes human cyborgs, ...
May Global Disasters Could Cost Insurers at Least $7B in Claims: Aon Benfield
Global disasters led to at least $7 billion in claims during May as insurers aid the recovery process following wildfires, floods, and storms, according to Impact Forecasting, Aon Benfield's ...
Farmers Are at Risk if La Niña Emerges as Some Predict
The El Nino that has dominated global weather for more than a year has ended and may give way by the end of 2016 to a weak or moderate La Nina that can dry up crops in Brazil, soak them with rains in ...
CEO at Canal Insurance Resigns; Board Member Takes His Place
There's been a changing of the guard at Canal Insurance Co., a family-owned insurer based in South Carolina focused on commercial trucking and specialty transportation. Canal said that its board ...