By Andrea Wells Small businesses are not immune to the increasing frequency and intensity of severe weather-related events. Even a lengthy power outage from a winter storm can be a threat to small businesses, leading to economic damage that is …
Disaster on Main Street: How to Protect Small Businesses From the Weather Read More »
Two asphalt companies have agreed to pay $30 million total to resolve False Claims Act allegations that they submitted fraudulent test results to the Ohio Department of Transportation (ODOT) for federally funded asphalt projects in Ohio. Specifically, Kokosing Materials, Inc. …
Ohio Asphalt Companies to Pay $30M to Settle False Claim Act Allegations Read More »
A new bill in California would require insurers to offer homeowners insurance to those who meet state home hardening and defensible space requirements. Senate Bill 1076, the Insurance Coverage for Fire-Safe Homes Act, was introduced by Senator Sasha Renee Perez …
California Bill Requires Insurers to Offer, Renew Coverage for ‘Fire-Safe’ Homes Read More »
Defense attorneys for the man accused of sparking the deadly Palisades Fire in Los Angeles held a news conference Thursday to call for his release from jail in light of new evidence they say shows he is not responsible for …
Attorneys for Suspect in LA Wildfire Seek Release Based on New Evidence Read More »
AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “bb+” (Fair) from “bb” (Fair) and affirmed the Financial Strength Rating (FSR) of B (Fair) of First Chicago Insurance Company and United Security Insurance Company. The outlook of …
AM Best Upgrades Issuer Credit Rating of First Chicago Insurance Group Members Read More »
Companies competing for workers to build data centers are finding that a motel room with sluggish Wi-Fi isn’t much of a draw. Try free steaks and golf simulators. As data-center development has exploded with the rise of artificial intelligence, competition …
AI ‘Man Camps’ Offer Golf, Free Steaks to Lure Workers in Texas Read More »
The National Highway Traffic Safety Administration will hold a national autonomous vehicle safety forum that will include the CEOs of self-driving companies Waymo, Zoox and Aurora on Tuesday. The Trump administration is looking for ways to speed deployment of robotaxis …
NHTSA to Hold Self-Driving Safety Forum With CEOs of Waymo, Zoox, Aurora Read More »
Two years ago, Rainier Miguel Salas and two licensed Florida insurance agents were charged with selling insurance agent licenses—all part of an illicit licensing school in Miami. This week, 12 others in the Miami area were charged with participating in …
After Florida Charged People With Selling Insurance Licenses, 12 More Arrested Read More »
Parametric platform Floodbase said it has unveiled its Floodbase Quote API to enable insurers and MGAs to reduce manual quoting cycles into workflows that dramatically accelerate distribution and offer new portfolio flood solutions for the historically underserved U.S. flood market. …
Markets/Coverages: Floodbase Expands Parametric Platform Read More »
The world’s farmers face soaring fertilizer and fuel prices as the war in the Middle East escalates, leaving some scrambling for supplies as the spring planting season approaches. The war, which has closed the Strait of Hormuz, has shut down …
World’s Farmers See Fertilizer Price Surge as Iran War Blocks Exports Read More »
