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War-Torn Myanmar Struggles With Quake Rescue as Toll Rises The death toll from Myanmar’s biggest earthquake in a century is set to climb from more than 1,700 following the end of a critical 72-hour rescue window, with aid efforts hampered by the ongoing civil war and sweltering heat. About …
POSTED MARCH 31, 2025 10:24 AM |
Update: Thailand Probes Collapse of Only Skyscraper to Crumble in Quake The collapse of a skyscraper under construction in Bangkok — the lone building to crash during the massive earthquake last week — has become the center of Thai investigations as questions swirl around the construction and quality of the materials …
POSTED MARCH 31, 2025 9:45 AM |
Family of Canadian CEO Killed in Helicopter Crash Files $35 Million Lawsuit The family of Stephane Roy, a Canadian entrepreneur killed in a helicopter accident in 2019, has filed a C$50 million ($35 million) lawsuit against manufacturer Robinson Helicopter Co. Roy and his 15-year-old son Justin disappeared that summer while returning from …
POSTED MARCH 31, 2025 9:35 AM |
Viewpoint: Steady Growth Amid Market Cycles Is Possible Property and casualty insurance has traditionally been a cyclical industry, meaning it goes through phases of firm pricing and tight capacity followed by softer market conditions that tend to favor insurance buyers. The ups and downs of insurance cycles complicate …
POSTED MARCH 31, 2025 5:42 AM |
Musk Loses Bid to Thwart Investor Suit Over Twitter Purchase Elon Musk failed to fend off an investor lawsuit claiming he manipulated the stock price of Twitter Inc. months before he bought the company in 2022 by concealing how much stock he’d acquired. A Manhattan federal judge on Friday said …
POSTED MARCH 31, 2025 5:18 AM |
As Wildfire Season Arrives, Budget Woes and Federal Uncertainty Put States at Risk Budget woes, combined with cuts to the federal wildfire-fighting workforce and President Donald Trump’s tariff and sovereignty threats against Canada, have made it more difficult for state officials to plan for the upcoming wildfire season. In Washington, a $12 billion …
POSTED MARCH 31, 2025 5:11 AM |
Public Adjuster Pleads Guilty to Another Scam, This One on a Church in Georgia A notorious public adjuster, already in prison for scamming Louisiana and Texas residents out of insurance proceeds, last week pleaded guilty to defrauding Brotherhood Mutual Insurance Co. and a Georgia church out of millions of dollars after the church was …
POSTED MARCH 31, 2025 5:02 AM |
Fake Construction Site Injuries Reaching New Heights in New York City, Suit Says Contractors insurance groups say worker injuries are being faked at an unprecedented rate across New York’s construction sites in hopes of receiving workers’ compensation benefits and liability insurance payouts, according to court filings and an ABC News report. Worker advocates …
POSTED MARCH 31, 2025 5:01 AM |
HCI Invested in Tampa Office Site, Now Leasing it to GEICO for 1,000-Job Expansion Berkshire Hathaway’s GEICO insurance plans to open a new campus in Tampa late this summer, bringing more than 1,000 jobs to the area. The property and auto insurer also plans to open an office in the Dallas area by this …
POSTED MARCH 31, 2025 5:01 AM |
Department of Labor Award Continues Disaster-Relief Jobs for Maui Wildfires The U.S. Department of Labor is awarding $2.5 million to Hawaii to continue employment and training services and support disaster-relief jobs for people in communities affected by the wildfires that swept across the island of Maui on Aug. 8, 2023. …
POSTED MARCH 31, 2025 5:00 AM |
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