A month after Hurricane Debby made landfall in northern Florida, the number of property insurance claims has reached almost 20,000, and total estimated insured losses are more than $121.5 million, the Florida Office of Insurance Regulation reported this week. The …
Baltimore said on Tuesday that it has settled with Walgreens over claims that the pharmacy operator fueled opioid addiction in the Maryland city, the latest in a series of settlements totaling $402.5 million ahead of a trial scheduled to begin …
The U.S. National Highway Traffic Safety Administration said on Tuesday that Volkswagen would recall 98,806 electric SUVs to fix their door handles as they do not offer enough protection against water ingress. The NHTSA said the recall, which includes ID.4 …
In the past five years, the annual insured losses from natural catastrophes averaged $106 billion, up from $83 billion in the preceeding five-year period, new data from Verisk shows. And with a noticible uptick in extreme weather in recent times, …
A unit of Nestle SA agreed to pay €2 million ($2.2 million) to settle French criminal allegations focusing on its production of natural mineral water. The deal, which was approved on Tuesday by a judge in Epinal, east of France, …
The landlord for a fire-damaged building leased to a Red Lobster restaurant is blaming the restaurant’s insurer for causing it to lose out on $1.2 million in fire insurance claims payments to repair the property. RL New Brunswick Owner LLC, …
One forecast calls for Francine to intensify into a Category 2 hurricane in the next 24 hours before hitting the Louisiana coast with storm surge of up to 15 feet, while a catastrophe modeler says the surge could cause flooding …
The secret to avoiding red lights during rush hour in Utah’s largest city might be as simple as following a bus. Transportation officials have spent the past few years refining a system in which radio transmitters inside commuter buses talk …
U.S. regulators took a step toward forcing a recall of as many as 51 million air bag inflators they have said could explode in a crash, an escalation of a safety issue that has plagued the auto industry for years. …
A new lawsuit claims that Trojan condoms are not safe because they contain toxic “forever chemicals,” which have been linked to cancer. In a proposed class action filed in Manhattan federal court, the plaintiff Matthew Goodman said Church & Dwight’s …