On May 11-16 a series of wind, hail and rain storms struck most states east of the Rocky Mountains. Karen Clark & Co. a catastrophe modeling firm, estimates that the storms will cost insurers $2.5 billion.
In mid-April, for the final time, Brian Hemesath took the stage at the Des Moines, Iowa, Global Insurance Symposium to kick off the showcase event for the insurtech accelerator he had stewarded for the past five years.
Over two million pounds of P.F. Chang’s frozen meals have been recalled due to misbranding and an undeclared allergen, the U.S. Department of Agriculture (USDA) announced Saturday.
Mazda is recalling nearly 190,000 Mazda 3 compact cars in the U.S. because the windshield wipers can fail. The company says in documents posted Saturday by the U.S. National Highway Traffic Safety Administration that the recall covers cars from the 2016 through 2018 model years.
The widespread, severe flooding in the Midwest over the last month has exposed the vulnerabilities in a levee system that is now so full of holes that many here ruefully describe it as “Swiss cheese.”
Tyson Foods Inc is recalling about 69,000 pounds of frozen, ready-to-eat chicken strips that may be contaminated with metal, the U.S. Department of Agriculture said late on Thursday.
Employees need training when it comes to recognizing potential cyber threats. They should be on notice that, no matter their position within an organization, they too are responsible for doing their part in maintaining security standards and following proper reporting protocols.
When last week’s bomb cyclone hit the Midwest, it was hard to imagine the inundation it could bring amid whiteout conditions and more than a foot of snow. But the warm weather that wrapped in behind it quickly melted out all that white stuff and unleashed historic flooding across parts of Nebraska, Iowa, South Dakota, Kansas, and Missouri.
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.
Fiat Chrysler Automobiles NV will recall about 965,000 gasoline-powered vehicles in the United States and Canada that do not meet emissions standards and will replace their catalytic converters, officials said on Wednesday.
It is an issue we struggle with, and a difficult one to solve. Much of the activity in workers’ comp is centered around the concept of disability; what it is and how much it is worth for the individual who has been assigned with that designation.
It remains one of the most difficult issues to deal within the world of property insurance. Homeowners’ insurance policies usually contain a provision obligating the carrier to repair or replace an insured’s damaged property with “material of like kind and quality” or with “similar material.”
