While few, if any, organizations saw the coronavirus pandemic and all of its death and disruption coming, some were better positioned to deal with it than others. According to risk expert Jim Wetekamp, some organizations were better prepared to respond …
DETROIT — Safety features such as automatic emergency braking and forward collision warnings could prevent more than 40% of crashes in which semis rear-end other vehicles, a new study has found. The Insurance Institute for Highway Safety, a research group …
OMAHA, Neb. — Tyson Foods is planning to open medical clinics at several of its U.S. plants to improve the health of its workers and better protect them from the coronavirus. The Springdale, Arkansas-based company, which processes about 20% of …
DETROIT — Korean automakers Hyundai and Kia are recalling over 591,000 vehicles in the U.S. to fix a brake fluid leak that could cause engine fires. The recalls cover more than 440,000 Kia Optima midsize sedans from 2013 through 2015 …
COVID-19 has forced the suspension of thousands of businesses, resulting in widespread economic loss. Many of the businesses that have survived are looking to their insurers to cover their losses. While Covid-19 is a virus, the economic loss sustained by …
COLOMBO/NEW DELHI — A new fire broke out on a supertanker carrying about 2 million barrels of oil in the Indian Ocean off the east coast of Sri Lanka, spokesmen for the country’s navy said on Thursday, adding that one …
Seattle scoffed at the $650 million Bayer AG agreed to pay to settle class-action claims by about 2,500 cities, counties and ports over pollution from polychlorinated biphenyl, or PCB, saying it plans to opt out of the deal. According to …
The Arctic has experienced the worst fire season on record for the second year in a row, with giant wildfires sending over one third more carbon dioxide into the atmosphere than last year. Fires raging across the Arctic Circle emitted …
Municipalities, their insurers and risk pools should be heeding the current public re-examination of police and prosecutorial actions taking place across the country, according to an insurance policyholder attorney who works on civil rights cases. Attorney Alexander Brown sees the …
WILMINGTON, Del. — Lawyers for Harvey Weinstein’s bankrupt film studio on Wednesday presented a revised proposal to settle sexual misconduct claims against the disgraced former producer, but an attorney for accusers pledged to oppose the plan. The $35.2 million proposal …