News

Although most flood insurance policyholders faced recent increases, residents of Talbot County, on Marylands Eastern Shore bordering Chesapeake Bay, have received a reduction in their flood insurance premiums.

Air-bag maker Takata Corp. gave in to U.S. regulators on Tuesday, agreeing to what will be the largest automotive recall in history as investigators continue to search for the root cause of a defect that has killed at least six people.

The Connecticut Supreme Court has upheld lower court rulings that denied insurance coverage to a company seeking payments to cover the costs of a data breach.

Blue Bell Creameries, the ice cream company linked to a listeria outbreak that killed three people, will furlough or fire almost 3,000 workers after it had to shut down most production.

Washington Governor Jay Inslee declared a drought emergency, citing historically low snowpack and dwindling rivers.

The IRSs scrutiny of tax avoidance in offshore locations has discouraged bidders from taking over reinsurers.