LEBANON, Ohio — Something wasn’t right with the Rhino. Reports started trickling in to the Consumer Product Safety Commission (CPSC) in 2005 of people being killed or injured in the Yamaha Motor Co. off-road vehicles when they tipped over. But …
Toyota Motor Corp. said on Tuesday it will recall 3.4 million vehicles worldwide because of an electronic defect that can result in air bags not deploying in crashes. The recall, which includes 2.9 million U.S. vehicles, covers 2011-2019 Corolla, 2011-2013 …
The investigation and related lawsuits about alleged sexual abuse decades ago by an Ohio State University team doctor have cost nearly $10 million so far, according to the school. The total was about $9.8 million as of December, school spokesman …
Marsh, one of the world’s largest insurance brokers and risk advisers, has seen a spike in clients’ inquiries for political violence cover in the Gulf after attacks on tankers and oil installations rattled the region last year, an executive said. …
MARSHALLTOWN, Iowa— It took 23 minutes for the July 2018 tornado to rip a path through Marshalltown resulting in millions of dollars in property damage. Like many homes and private businesses, city and county properties were not spared from the …
U.S. insurers are ramping up cyber-insurance rates by as much as 25% and trying to curb exposure to vulnerable customers after a surge of costly claims, industry sources said. The changes follow a challenging year of hackers using malicious programs, …
The past decade broke new records in terms of economic damages and insured losses, according to Aon’s latest catastrophe report. The costs to global economies reached US$2.98 trillion between 2010 and 2019, which was US$1.19 trillion higher than 2000-2009, said …
BEIJING/SHANGHAI, Jan 22 Deaths from China’s new flu-like virus rose to 17 on Wednesday, with more than 540 cases confirmed, leading the city at the center of the outbreak to close transportation networks and urge citizens not to leave as …
RiskStream Launches Innovation Lab The RiskStream Collaborative, a consortium of insurers that making a joint investment in blockchain technology, has created a new entity that will work with insurers, non-insurance organizations and governmental agencies that are looking to explore targeted …
HONOLULU — The family of a 5-year-old boy who died on a kayaking excursion filed a lawsuit against the school that conducted the trip. The family of Alaric Chiu filed the lawsuit Thursday against Mid-Pacific Institute citing reckless behavior and …