Hailstorms drove record insured damages as severe convective storms become more common and damaging, popping up in new places, a new report shows.This post was originally published on this site
Despite the hype about streaming services, traditional broadcast television still dominates advertising dollars. This year, advertisers will spend $139 billion on “linear” TV—where viewers watch programs at scheduled times—compared with $33 billion on streaming or […]
Three paintings by French masters Pierre-Auguste Renoir, Paul Cézanne and Henri Matisse stolen from a museum in northern Italy last week were probably not insured, according to market sources. One fine art underwriter told the […]
The motor finance industry must pay around 9.1 billion pounds ($12 billion) to compensate UK motorists for unfair vehicle loans under the market regulator’s trimmed, final bill for one of Britain’s costliest financial mis-selling scandals. […]
In recent days, the operator of an oil tanker stuck in the Persian Gulf received a compelling proposal. After weeks at anchor with missiles and drones passing overhead, it could finally sail safely out through […]
Hopes for a swift end to the Middle East war faded on Thursday after U.S. President Donald Trump vowed more aggressive strikes on Iran, sending oil prices back well over $100 a barrel in a […]
The Slack messages began arriving at 5:47 a.m. on a recent Monday. Three sales proposals had gone out the previous week and none of the team members had scheduled follow-ups. The reminders were crisp, professional […]
Markel said James Shankland has been appointed head of ocean cargo, U.S. He will lead the growth of Markel’s U.S. cargo portfolio, and be responsible for underwriting strategy, portfolio management and broker engagement. He’ll work […]
A number of Baidu Inc.’s Apollo Go robotaxis suddenly stopped on the streets of China’s Wuhan city on Tuesday, trapping passengers in vehicles and raising concerns about the safety and reliability of autonomous driving technology. […]
Perplexity AI Inc. was accused in a lawsuit of surreptitiously sharing the personal information of its users with Meta Platforms Inc. and Alphabet Inc.’s Google in violation of California privacy laws. As soon as users […]
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