A man who says he broke his ankle jumping into the sprinkle pool at the Museum of Ice Cream in New York City has filed a lawsuit alleging that the facility was negligent for not warning visitors that it is …
Broker Marsh said the composite rate change at renewal for U.S. commercial lines was up 3% in the fourth quarter 2023, led by an 11% increase in property rates. The Marsh Global Insurance Market Index said it was the 25th …
NEW YORK (AP) __ As authorities continue to investigate a crane collapse that rained thousands of pounds of steel debris onto a busy Manhattan thoroughfare Wednesday, the owner and operator of the failed crane are facing scrutiny over past safety …
An insurance policy that covered seven vehicles, each with a $1 million per-accident limit, doesn’t provide $7 million in liability coverage for a fatal crash that involved only one of the covered vehicles, an Illinois appellate court ruled Thursday. A …
SACRAMENTO, Calif. (AP) — California would be the first state to require gun owners to buy liability insurance to cover the negligent or accidental use of their firearms, if lawmakers approve a measure announced Thursday. “Guns kill more people than …
LONDON — Premiums for directors’ and officers’ liability insurance surged in the second quarter, broker Marsh said on Monday, as insurance underwriters fear the coronavirus pandemic will lead to hefty litigation claims. Premiums for directors’ liability insurance, known as D&O, …
Insurer Zurich has decided not to renew cover for the Canadian government’s Trans Mountain oil pipeline, said a spokeswoman for the project, which is opposed by environmental campaigners and some indigenous groups. All financial services companies are under pressure from …
FRANKFURT — Swiss Re’s first-half net profit fell 5.3%, as claims relating to the Ethiopian Airlines crash and the subsequent grounding of the Boeing 737 MAX, plus natural catastrophes took their toll. The world’s second-largest reinsurance company highlighted claims from …
KANSAS CITY, Kan. — Brenda Lundeen went in for routine surgery to relieve heavy periods. What the Overland Park mom and grade school teacher got was a nightmare, as a medical mistake caused 194-degree water to pour through a hole …
President Donald Trump has signed legislation that will protect sports medicine professionals who travel with sports teams by ensuring that their license and liability insurance remains in effect even when they cross state lines. The Sports Medicine Licensure Clarity Act …