Car factories have idled in Belgium and Germany. Spring fashion lines are delayed at a popular British department store. A Maryland company that makes hospital supplies doesn’t know when to expect parts from Asia. Attacks on ships in the Red …
Climate change poses the most significant threat for South African insurance companies and risks raising premiums and the cost of reinsurance, a top official at its biggest insurer by assets said. After staying almost flat in the decade to 2020, …
A fast-moving atmospheric river coming off the Pacific Ocean will drench northern and central California on Wednesday and then head for the the southern half of the state. Northwest California will likely get the worst of the storm, with as …
Last month, Mike Weber got the news every poultry farmer fears: His chickens tested positive for avian flu. Following government rules, Weber’s company, Sunrise Farms, had to slaughter its entire flock of egg-laying hens — 550,000 birds — to prevent …
When disaster hits in the US, the federal government gives aid to states and counties, but also to individuals. In 2022, the Federal Emergency Management Agency delivered $3.25 billion to nearly 1.4 million households recovering from damaging floods and fires. …
GSK GSK.L, Pfizer PFE.N and other pharmaceutical companies are urging a judge in Delaware this week to find that evidence plaintiffs’ lawyers want to use in about 72,000 lawsuits claiming that the discontinued heartburn drug Zantac caused cancer is not …
A Massachusetts hospital that suffered a cyber attack in December has been hit with a class action lawsuit for its alleged failure to secure patients’ personal information. Anna Jaques Hospital in Newburyport experienced a significant shutdown of its electronic medical …
The Hartford confirmed this week it will discontinue writing new homeowners policies in California. The carrier reportedly has less than 1% of the state’s homeowners market. The Hartford issued the following statement follwing a request for comment for this article: …
Glencore Ltd. and Viterra BV have filed a lawsuit in New York claiming they lost more than $200 million from failed bets on cotton futures in 2011 because Louis Dreyfus Co. “manipulated and artificially inflated” prices. The dispute is the …
Progressive Corp. said fourth quarter 2023 net income jumped to nearly $2 billion compared to about $826 million a year ago during the same period. The Mayfield Village, Ohio-based insurer reported some quarterly and year results as it announced its …