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Business News

Big claims strain senior living market for U.S. insurers

Last March, a 103-year-old resident of a Sunrise Senior Living facility in Willowbrook, Illinois, went on a field trip to the movies. Ruth Smith, who used a walker, fell down two concrete steps in the theater and died about six weeks later. Now Smith’s estate is suing Sunrise, saying that aides did not properly watch her.

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Business News

Markets start the way they ended

After the worst year for world stock markets in a decade, 2019 has kicked off with the same trepidation surrounding economic slowdown, trade tension and rising interest rates that infected markets for most of the second half of last year.

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