The coronavirus pandemic dealt a relatively modest $2.5 billion blow to five insurers with large U.S. operations in the second quarter, a cost that was far less than feared and which the industry has absorbed without touching capital, analysts said.
The owner of a plant nursery in Washington state has been fined $4,200 for failing to ensure a safe workplace and potentially exposing employees to the coronavirus after preventing them from wearing masks.
As insurance customers rethink their finances, new research suggests insurance agents are not always on the same page. There are gaps between what agents and their customers think, and agents may not be giving customers everything they want.
The probability of a major hurricane making landfall in the United States this year is 74% compared with the full-season average of 52% for the past century, a new report from Colorado State University said.
Android phones began detecting earthquakes around the world to provide data that could eventually give billions of users precious seconds of warning of a tremor nearby, with an alerting feature first rolling out in California.