Insurance Journal
With ample capital, Fitch Ratings’ latest annual ‘U.S. Hurricane Season’ report indicates U.S. property and casualty (P/C) and reinsurers can absorb losses if a large hurricane makes landfall this year. Hurricane Ian was the only st...
Posted: Jun 21, 2023
Florida Gov. Ron DeSantis has vetoed flood-control and other measures in central and west Florida and at least one Republican claims that it was retaliation for his support for the governor’s rival in the 2024 presidential race. State Sen. Joe...
Posted: Jun 21, 2023
California Insurance Commissioner Ricardo Lara appointed new members Janise Graham and Doug Smith, as well as reappointed members Monique Howard and Sandra Moriarty to the Curriculum Board. Lara also appointed Nona Tirre Miranda to the California Aut...
Posted: Jun 21, 2023
Relatives of a late Black businessman who helped popularize Juneteenth in San Diego are suing a cemetery after his remains were reported missing from the family’s burial plot. Greenwood Memorial Park and Mortuary informed the family that Sidney...
Posted: Jun 21, 2023
A new right-to-repair motor vehicle law in Massachusetts that grants owners and their designated service firms access to the telematics data collected in cars has nun into a roadblock. The National Highway Traffic Safety Administration (NHTSA) in a J...
Posted: Jun 21, 2023
Images of former President Donald Trump hugging and kissing Dr. Anthony Fauci, his ex-chief medical adviser. Pornographic depictions of Hollywood actresses and internet influencers. A photo of an explosion at the Pentagon. All were found to be “...
Posted: Jun 20, 2023
Gov. Kathy Hochul said Friday she wants the state to have regulatory authority over boats that operate in caves and similar waterways following a fatal tour boat accident in an underground water tunnel off the Erie Canal. The Office of …
Posted: Jun 20, 2023
Sabra Purtill has been named permanent chief financial officer of American International Group (AIG), the company said. Purtill was called on in late January to fill the role of interim CFO after the firing of former interim CFO Mark Lyons, …
Posted: Jun 20, 2023
Parametric flood insurance company FloodFlash announced new partnerships with EPIC Insurance Brokers & Consultants to provide additional flood insurance options to businesses in California. A parametric flood insurance available to the mass marke...
Posted: Jun 20, 2023
An ambiguous coverage exclusion prevents a liability insurer from dodging the cost of defending a data broker that was sued after selling the Chicago Police Department access to a facial recognition database that reportedly contained 3 billion images...
Posted: Jun 20, 2023
Verona Area School District in Madison, Wisconsin will pay $450,000, raise salaries, and furnish other relief to settle a pay discrimination lawsuit filed by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. Accor...
Posted: Jun 20, 2023
The Council for the Advancement of Social Services and Education, doing business as CASSE Community Health Institute, violated federal law when it subjected a Black employee to a hostile work environment on the basis of her race and fired her …
Posted: Jun 20, 2023
AUSTIN, Texas (AP) – More than 100,000 customers in the southern U.S. remained without power Monday following damaging storms, leaving residents searching for relief as sweltering temperatures continued to scorch the region. Power outages for s...
Posted: Jun 20, 2023
A $2 million fine, sanctions by federal courts and state bar orders that prevent its partners from practicing law do not change the fact that McClenny Moseley Associates filed more lawsuits in 2022 than any other US law firm. That …
Posted: Jun 20, 2023
A majority of Swiss citizens on Sunday voted in favor of a bill aimed at introducing new climate measures to sharply curb the rich Alpine nation’s greenhouse gas emissions. Final results released by public broadcaster SRF showed that 59.1% of &...
Posted: Jun 20, 2023
Groundbreaking on U.S. single-family homebuilding projects surged in May by the most in more than three decades and permits for future construction also climbed, suggesting the housing market may be turning a corner after getting clobbered by Federal...
Posted: Jun 20, 2023
An injured truck driver described as “pretty tough” by her doctor after she finally sought treatment more than a year after a back injury was eligible for total temporary disability benefits despite the late notice, the North Carolina Sup...
Posted: Jun 20, 2023
Federal safety regulators have fined a Jacksonville behavioral hospital more than $15,000 over what they called “shocking” findings, including almost 200 violent attacks on workers in one year. Workers at Wekiva Springs Hospital were repe...
Posted: Jun 20, 2023
What do billionaire Ken Griffin, a Hamptons fire and Cy Twombly’s painting Untitled (1971) have in common? The answer: Ron Perelman’s three-year dispute with a group of insurers about a portion of his extensive art collection. Perelman, 8...
Posted: Jun 20, 2023
Mass shootings and violence across the U.S. killed at least six people this weekend, including a Pennsylvania state trooper, and wounded dozens of people. Multiple people with guns fired shots at a holiday crowd in Missouri and bullets flew among ...
Posted: Jun 20, 2023
Multiple tornadoes swept through Mississippi over the weekend, killing one and injuring nearly two dozen, officials said. State emergency workers were still working with counties Monday morning to assess the damage from storms in which high temperatu...
Posted: Jun 20, 2023
A jury verdict that found an Oregon power company liable for devastating wildfires – and potentially billions of dollars in damages – is highlighting the legal and financial risks utilities take if they fail to take proper precautions in...
Posted: Jun 20, 2023
The US has joined a list of mostly emerging-market countries where ESG supply-chain risks are “high,” after the world’s richest economy failed to provide adequate protections for vulnerable populations including migrant children, ac...
Posted: Jun 20, 2023
Gannett Co Inc, the largest U.S. newspaper chain, on Tuesday sued Google, accusing the social media company of violating federal antitrust law by trying to monopolize the market for online advertising. The publisher of USA Today and more than 200 ...
Posted: Jun 20, 2023
Insurance broker WTW has launched a new Property Rebuild Assessment Service, powered by Kroll’s Property Insurance Valuation Platform, to provide its clients with an accurate rebuild valuations report and advice. WTW will provide property rebui...
Posted: Jun 20, 2023