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Trump's Bond Insurer Tells Judge Shortfall Is ‘Inconceivable'

Trump's Bond Insurer Tells Judge Shortfall Is ‘Inconceivable'

Donald Trump submitted evidence that the insurer providing his $175 million appeal bond in New York's civil fraud case is financially capable of paying up if his legal challenge fails, after the state...
Donald Trump submitted evidence that the insurer providing his $175 million appeal bond in New York's civil fraud case is financially capable of paying up if his legal challenge fails, after the state...
Article / 1 month ago
Ship Owner in Bridge Collapse Seeks to Limit Its Liability

Ship Owner in Bridge Collapse Seeks to Limit Its Liability

The owner of the ship that rammed into a bridge in Baltimore last week, killing six workers and throwing the eastern US transportation network into chaos, is seeking to limit its liability to...
The owner of the ship that rammed into a bridge in Baltimore last week, killing six workers and throwing the eastern US transportation network into chaos, is seeking to limit its liability to...
Article / 2 months ago

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Brazil States Ask Court to Double Amount Vale, BHP Should Pay for Mining Disaster
Brazil States Ask Court to Double Amount Vale, BHP Should Pay for Mining Di...
Two Brazilian states have asked a court to more than double the amount that miners Vale and BHP, plus a j...
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Florida OIR Fines Heritage P&C $1M for Ian Claims Issues
Florida OIR Fines Heritage P&C $1M for Ian Claims Issues
The Florida Office of Insurance Regulation in recent weeks has fined five property and casualty insurers,...
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EU Countries Approve Law to Slash Trucks' CO2 Emissions
EU Countries Approve Law to Slash Trucks' CO2 Emissions
European Union countries gave their final approval on Monday to a law to cut carbon dioxide emissions fro...
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Catastrophe Bonds Use Models Underestimating Climate Risks, Investors Say
Catastrophe Bonds Use Models Underestimating Climate Risks, Investors Say
The risk models that helped drive one of the most lucrative bets of 2023 are increasingly being tested by...
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EU Firms' Appetite for China Investment Sinks to Record Low
EU Firms' Appetite for China Investment Sinks to Record Low
China is losing its luster as a top country to invest in as firms seek to avoid geopolitical risks and tu...
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Reserve Strengthening for Casualty Lines Not Over: Moody's
Reserve Strengthening for Casualty Lines Not Over: Moody's
If personal auto insurance loss reserves are developing adversely, can commercial general liability be fa...
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China Construction Bank Sued in US Over Reinsurance Fraud Losses
China Construction Bank Sued in US Over Reinsurance Fraud Losses
China Construction Bank Corp., the nation's third-largest commercial lender, was accused in a US lawsuit ...
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Brazilian Floods Are Inflicting Billions in Economic Devastation
Brazilian Floods Are Inflicting Billions in Economic Devastation
The floods and severe rainfall that ravaged Southern Brazil are hurting the nation's powerhouse agricultu...
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