Haiti and Cuba were spared the full force of Hurricane Tomas over the weekend as the storm skirted the islands through the Windward Strait without making landfall.
Caribbean islands hit by the storm Tomas--which reached hurricane status over the weekend before weakening to a tropical storm--are expected to sustain less than $100 million in economic damages, catastrophe modeler EQECAT said.
The promise of a big payoff -- along with bad television, apparently -- compelled two cousins to stage an armed robbery during which one shot the other with a gun.
Medical marijuana dispensers and growers can now buy insurance against claims of selling illness inducing product and other risks, a marijuana retailing school and an insurer have announced.
Insurance brokerage Willis Group Holdings, plc., said it raised more than $400,000 for Haitian earthquake relief efforts using a special internal company Web site to gather donations.
The magnitude 7.0 January earthquake that caused catastrophic death and destruction in Haiti created hundreds of millions in economic damage, but insurance coverage for losses is minimal, according to modeling firms.