Reinsurance company Everest Re Group Ltd. on Thursday said that claims related to the massive flooding this year in Thailand could cost it $100 million to $125 million after certain premiums and taxes.
Reinsurance company Everest Re Group Ltd. on Thursday said that claims related to the massive flooding this year in Thailand could cost it $100 million to $125 million after certain premiums and taxes.
A state Supreme Court justice known for opinions written in rhyme has done it again, this time in a case of whether the maker of a forged check also had committed insurance fraud.
A Chinese drywall manufacturer has agreed to pay hundreds of millions of dollars to resolve court claims by thousands of Gulf Coast property owners who say the product corroded pipes and wires and otherwise wrecked their homes, the largest settlement of its kind so far.
The powerful winds that tore across Western states Dec. 1 created a path destruction that closed schools, left neighborhoods with a snarl of downed trees and power lines, and prompted some communities to declare emergencies.
Citizens Property Insurance Corp. plans to eliminate homeowners coverage on roughly 7,500 coastal homes valued at $2 million or more and reduce the amount of homeowner liability coverage in a measure designed to reduce the size of the state-backed insurer and corresponding risk to Florida taxpayers.
Citizens Property Insurance Corp. plans to eliminate homeowners coverage on roughly 7,500 coastal homes valued at $2 million or more and reduce the amount of homeowner liability coverage in a measure designed to reduce the size of the state-backed insurer and corresponding risk to Florida taxpayers.
BP has lost two big rulings in its fight to shield itself from potentially having to pay billions of dollars more in damages related to the worst offshore oil spill in U.S. history, though the company was able to limit some of its future exposure.
BP has lost two big rulings in its fight to shield itself from potentially having to pay billions of dollars more in damages related to the worst offshore oil spill in U.S. history, though the company was able to limit some of its future exposure.