Insurers are waiving the terrorism exclusions in their house, car, contents and commercial building policies for damage caused in the Christchurch shootings.
The intersection of workers compensation with laws on leave of absence and job accommodation has become increasingly challenging. With the expanding number of federal, state and municipal laws on the books, there is also confusion about how and when they overlap.
A raging fire at a petrochemical storage terminal in Houston has engulfed two more massive tanks after firefighting water pumps stopped working for six hours, the company said on Tuesday.
The private sector is returning to the risky world of insuring homes against flood damage, offering hope that the paltry percentage of homeowners with flood insurance will rise out of the single digits.
Following a contractors remodeling of a house, the home owner sued the contractor and its commercial general liability (CGL) insurer, Wisconsin Mutual Insurance, as well as its own homeowners insurer, Hastings Mutual Insurance. The home owner claimed the house was rendered uninhabitable by the contractors negligent work on a bathroom that resulted in leaking water, which caused mold to grow and then release the chemical trichothecene into the residence.
Christies recently held the first-ever auction of artwork created by artificial intelligence (AI). The AI-generated piece, which involved some minimal human intervention by Paris-based art collective Obvious, shocked the art world by selling for $432,500, more than 40 times the official estimates.
The number of tornadoes that hit Alabama on Thursday has climbed to 15. The National Weather Service spent a second day on Saturday traveling to storm-affected areas and assessing the damage.
Rivers have reached historic levels in 41 locations across the Midwest, creating devastating flooding that has killed at least three people, forced countless evacuations, breached dams and levees, damaged hundreds of homes and flooded a military base.
We are finally beginning to experience a long-awaited revolution in the insurance industry. Historically, insurance has been one of the last and slowest industries to embrace technology as a means of modernization and process innovation.
One hundred vehicles were involved in several crashes in a one-mile stretch of Colorados Interstate 25 during Wednesdays blizzard, according to the Wellington Fire Protection District.
Families of schoolchildren gunned down in the 2012 Sandy Hook massacre can sue Remington Outdoor Co Inc, a Connecticut court ruled on Thursday, in a setback for gun makers long shielded from liability in mass shootings.
A tornado that ripped roofs from buildings and injured five people in a tiny New Mexico town has left a trail of debris that authorities said Wednesday they would wait to clear because of high winds still sweeping through the region.
An explosively intensifying winter storm centered over the Colorado Front Range continues to unleash a potpourri of extreme weather across the Plains states and Upper Midwest. The hurricane-force system has combined the worst weather of all four seasons into one from a string of violent, tornadic thunderstorms to damaging winds, severe blizzard conditions and even flooding.