The cyber insurance market has become increasingly difficult for independent agents to navigate as carriers beef up their coverage applications to limit exposure from soaring losses.
Malaysia Airlines has begun giving out $50,000 in advance insurance payments to the families of the 239 people aboard missing Flight 370, reports ABC News.
Chinese insurance companies have started to pay compensation to the families of passengers aboard a missing Malaysia Airlines plane presumed crashed in the southern Indian Ocean.
Corn farmers are getting the lion's share of U.S. crop insurance payments on losses caused mainly to drought last year - 63 percent of the record $12.3 billion paid so far, the Agriculture Department said on Monday.
Corn farmers are getting the lion's share of U.S. crop insurance payments on losses caused mainly to drought last year - 63 percent of the record $12.3 billion paid so far, the Agriculture Department said on Monday.
Crop insurers have paid a record $11.6 billion to U.S. growers in compensation for losses due largely to widespread drought in 2012, the first money-losing year for the industry in a decade, the government said on Tuesday.