insurance policy

The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter the impact of President Donald Trump’s trade wars, stubbornly low inflation and global weakness. It left open the possibility of future rate cuts, but perhaps not as many as Wall Street had been hoping for. During a news conference, Chairman...

Prime Minister Boris Johnson pushed Britain closer to a no-deal exit from the European Union on Monday, insisting he will not hold Brexit talks with EU leaders unless the bloc lifts its refusal to reopen the existing divorce deal. Johnson is trying to pressure the EU to give ground by intensifying preparations for the U.K. to leave in three months...

A hotel’s insurance company has sued a high school student it claims caused more than $690,000 in damage by activating a sprinkler inside one of its rooms

More than 4,000 people are seeking damages from MGM Resorts International related to the Las Vegas Strip mass shooting that left 58 people dead, the casino giant said in a lawsuit alleging its insurance company has failed to pay promised legal costs. Las Vegas-based MGM Resorts alleges breach-of-contract and accuses Illinois-based Zurich American Insurance Co. of failing to pay defense...

A Maryland restaurateur has acknowledged he paid a man to both frame his wife as a terrorist and burn down his restaurant.

Prime Minister Theresa May said she found “a shared determination” among some European leaders Tuesday to persuade the British Parliament to accept a proposed Brexit deal, but her continental counterparts insisted any room for revisions was small. So many British lawmakers oppose the deal on the terms of Britain’s breakup and future relationship with the European Union that May postponed...

Halloween could be scarier for your budget than anticipated: Homeowners and auto insurance claims tend to jump during the holiday. On average, Halloween has 17 percent more home claims for theft, vandalism and other crimes than any other day of the year, according to a new assessment from Travelers. That includes problems like doors kicked in, mailboxes knocked down and...

With ride-share companies dominating the District, a new study says they could be making the largest cities in the United States more congested.

The Atlantic hurricane season begins June 1 and runs through Nov. 30. The National Oceanic and Atmospheric Administration expects 10 to 16 named storms and, of those, five to nine could become hurricanes. Here are some tips for making sure you’re financially prepared for the hurricane season. Check your homeowner’s insurance policy’s hurricane deductible, and make sure it’s something you...

Scientists say it’s unclear how long the Kilauea volcano eruption will continue, and that’s leaving many travelers in a panic. But travel insurance experts say the eruption only won’t be covered under most travel insurance policies.

A groundbreaking new insurance policy is being taken out on coral reefs near the beaches in the Cancún area — not to protect boats or divers but the reefs themselves. Through parametric insurance, a new kind of risk management tool, money collected from a tax paid by local hotels will pay for reef repairs along a 60 km (about 37...

The U.S. Embassy in Mexico said Thursday that a security alert about the Caribbean resort of Playa del Carmen was not related to an explosion on a ferry that injured at least two dozen people. The embassy did not specify what kind of security threat it had been informed of in the resort, which is near Cancun, Cozumel and...

A national effort is launching that aims to help low-income defendants get out of jail by bailing them out as their criminal cases progress through the courts. The Bail Project grew out of a successful 10-year campaign in the Bronx to pay bail for needy cases, led by attorney Robin Steinberg of the Bronx Defenders, a legal assistance nonprofit. She...

Organizers say a lack of funding could soon squash an annual pumpkin-flinging event in southern Delaware.

The town of Newtown and its Board of Education asked a judge to throw out the wrongful death lawsuit filed by the parents of two children killed during the Sandy Hook shootings in December 2012. The lawsuit, filed in state Superior Court in January 2015, alleges security measures at the school weren’t adequate when Adam Lanza fatally shot 20 first-graders...

The Virginia Tech Transportation Institute wants drivers to use one of their cars instead of their own car as part of a research study.

Hong Kong police launched a fresh crackdown Tuesday on Uber, arresting 21 drivers suspected of working for the ride-hailing giant in the Asian financial center. It’s the latest regulatory headache for Uber, which already is fighting a similar case in Hong Kong. The drivers were arrested in an undercover operation on suspicion of carrying passengers for hire and not having...

Convicted South Carolina church shooter Dylann Roof is set to plead guilty to state murder charges, avoiding a second death sentence and effectively bringing to a close the prosecutions against him for the 2015 slaughter. Solicitor Scarlett Wilson told The Associated Press on Friday that Roof is scheduled to enter a guilty plea during a hearing on April 10 in...

A man and a woman were both injured during the annual Punkin Chunkin contest in Delaware.

Two months after five Dallas police officers were killed by a gunman, department officials have moved to silence critics and squelch lingering questions about the attack.