Reinsurers have gained confidence and returned to the Florida market as a result of recent legislative reforms that have transformed the state’s risk landscape, according to brokers Aon and Gallagher Re in their mid-year renewal reports. “Florida entered the mid-year …
Florida Reinsurance Buyers Found Ample Property Capacity at Mid-Year Renewals Read More »
Regina Stephenson Hurricanes. Wildfires. Earthquakes. What do they have in common? If you’re in the insurance industry, the answer is that they’re all guaranteed to trigger weather and disaster claims from those with P&C insurance like home, business, and auto …
Adjuster Licensing and Your P&C Claims Processing Timelines Read More »
Apple took a challenge against EU regulators to Europe’s second highest court on Monday after they fined it 500 million euros ($587 million) earlier this year for breaching landmark rules aimed at curbing the power of Big Tech. The European …
Apple Takes Fight Against $587 Million EU Antitrust Fine to Court Read More »
US auto safety regulators are investigating whether earlier recalls of more than a million Ram pickups did enough to address a flaw that could lead to trucks rolling away unexpectedly. The US National Highway Traffic Safety Administration received 20 reports …
Ram Pickup Recalls Investigated After Seven Injuries Reported Read More »
A second vessel was attacked by five rocket-propelled grenades in the Red Sea near Yemen, just a few hours after Houthis claimed responsibility for an earlier attack on a ship sailing in the same area, making voyages through the key …
Second Ship Hit in Red Sea After Earlier Houthi Attack Read More »
Flooding has caused an average of more than 125 deaths per year and billions of dollars in damage in the United States over the past few decades, according to the National Weather Service. Flash floods are the nation’s top storm-related …
Deadliest Flooding in Last 25 Years Came in Areas With Low Flood Insurance Take-Up Read More »
Auto insurers in Kentucky now have some official guidance and liability protection when determining the value of wrecked vehicles. In keeping with Senate Bill 136, approved on an emergency basis by state lawmakers this year, the Kentucky insurance commissioner last …
Kentucky Auto Insurers Must Use Blue Book or J.D. Power on Vehicle Values, DOI Says Read More »
Blackouts in the US could double by 2030 amid an expected increase in power demand brought on by AI, according to a Trump administration report seen as a precursor to a broader intervention to help keep coal-fired power plants from …
US Warns of Blackout Risk From Killing Coal as Trump Snubs Renewables Read More »
The Venetian Resort on the Las Vegas Strip must pay $850,000 and implement policy changes to settle a religious discrimination and retaliation lawsuit. The suit, filed by the U.S. Equal Employment Opportunity Commission, names the Venetian Las Vegas Gaming LLC …
The Venetian in Las Vegas Settles Religious Discrimination and Retaliation Suit Read More »
State Farm has long positioned itself as the dependable “good neighbor” ready to help when disaster strikes. Through carefully crafted advertising, the company promotes a sense of comfort, security, and connection. Images of helpful agents arriving with a smile and …
