Private U.S. property/casualty insurers’ net income after taxes grew to $63.8 billion in 2013 from $35.1 billion in 2012, with insurers’ overall profitability as measured by their rate of return on average policyholders’ surplus climbing to 10.3 percent from 6.1 …
Outbreak data show that Americans are twice as likely to get food poisoning from food prepared at a restaurant than food prepared at home, according to the Center for Science in the Public Interest. The nonprofit food safety watchdog group …
Buddhist monks cremated the remains of Sherpa guides who were buried in the deadliest avalanche to hit Mount Everest, a disaster that has prompted calls for a climbing boycott by Nepal’s ethnic Sherpa community. Nepal’s government said late Monday it …
Washington state has ended a program that used prisoners to remove asbestos-containing material. The News Tribune of Tacoma reported Monday that the state also has paid a fine of more than $70,000 to settle a state investigation into cleanup practices …
The state of Iowa on May 20-22, 2014, will host its first ever Global Insurance Symposium, a privately funded event that aims to bring insurance professionals and regulators from around the world together to discuss the challenges facing the global …
A New Llano, La., couple filed suit against the town in federal court, claiming the town’s ban on pit bulls and pit-bull-like breeds violates dog owners’ equal protection, property and due process rights. The American Press reports Christine and Victor …
A northwest Iowa bar and bowling alley owner and one of her employees have been accused of setting a fire to collect insurance money. Authorities say 36-year-old Kristina Manasil owned the Budd-Z’s Sports Bar and Grill and its bowling alley …
A Fort Worth man faces ten years in federal prison following a conviction for insurance fraud, the Insurance Department of Texas reported. Caleb Deason, an insurance agent for Transamerica Life Insurance Co., was convicted on charges of wire fraud and …
Payments per claim for the medical care of injured workers in Louisiana were higher and growing faster than in most states, according to a 16-state study by the Cambridge-based Workers Compensation Research Institute (WCRI). The WCRI study, CompScope Medical Benchmarks …
Two of the country’s top disaster experts on Wednesday challenged emergency managers and forecasters from Texas to Maine to help educate coastal residents and developers about hurricane hazards. Speaking at the National Hurricane Conference in Orlando, the head of the …