Insurance holding company W. R. Berkley Corp. said today that its fiscal third-quarter results will include an estimated $50 million to $60 million in catastrophe losses.
Recent wildfires in Texas are expected to cause nearly $250 million in insured losses, and losses as of now have already surpassed total-insured wildfire losses in the state from any prior year, according to the Insurance Council of Texas (ICT).
A Montana judge has approved a $43 million settlement for more than a thousand asbestos victims who said state officials knew that dust from a mine was killing people but failed to intervene.
A Montana judge has approved a $43 million settlement for more than a thousand asbestos victims who said state officials knew that dust from a mine was killing people but failed to intervene.