California Gov. Gavin Newsom signed a bill aimed at ramping up the housing supply, bucking opposition from detractors including Los Angeles Mayor Karen Bass and neighborhoods around the state’s largest city. The legislation allows apartment buildings as tall as nine …
Gavin Newsom Stares Down LA Revolt in California Housing Fight Read More »
California Gov. Gavin Newsom signed a bipartisan bill that aims to prevent the state’s home insurer of last resort from running out of money following a natural disaster. The FAIR Plan is an insurance pool that provides policies to people …
New California Law Aims to Stabilize Insurance for Those Unable to Get Private Coverage Read More »
ICW Group Insurance Companies named Lynn Moretti chief claims officer. Moretti will oversee the company’s claims operations nationwide. Moretti previously served as chief claims officer for AmTrust Specialty, managing international claims operations in the U.K. and European Union. She has …
People Moves: ICW Group in California Names Moretti Chief Claims Officer Read More »
Insurtech Bold Penguin said it has acquired SquareRisk, a digital, artificial intelligence-enabled wholesale insurance marketplace. Bold Penguin said users of its quoting software will now have additional commercial insurance policy coverage options beyond the admitted space to fill the evolving …
Bold Penguin Acquires SquareRisk to Expand Specialty, E&S Access Read More »
The U.S. National Highway Traffic Safety Administration said on Thursday that it is opening an investigation into 2.88 million Tesla vehicles equipped with its Full Self-Driving system over more than 50 reports of traffic-safety violations and a series of crashes. …
This post is part of a series sponsored by Risk & Insurance Education Alliance. In an industry where trust is everything, Gallup’s 2023 Honesty and Ethics poll (Brenan & Jones, 2024) found that only 12 percent of Americans rated the …
Why Ethics CE Matters: Strengthening Professional Standards in Insurance Read More »
Special Contingency Risks (SCR), a WTW business, has launched an Enhanced Victim Support insurance extension (EVS) to support hostage victims. The SCR initiative launches as part of an exclusive partnership with the charity, Hostage International. This new offering underscores SCR’s …
Markets/Coverages: Special Contingency Risks Offers Enhanced Victim Support Cover Read More »
Higginbotham has acquired Lubbock, Texas-based Stephens Insurance Services, a benefits specialist. The collaboration pairs on-the-ground relationships with added resources to enhance combined service offerings across West Texas and into eastern New Mexico, Higginbotham said. Stephens Insurance Services specializes in three …
Higginbotham Acquires Texas’ Stephens Insurance Services Read More »
A North Carolina woman has been busy over the last three years, illegally obtaining weight-loss medication, administering it to people, and defrauding insurance companies of more than $87,400, the state Department of Insurance alleged this week. Heather Ann Robinson, 37, …
NC Woman Faces 170 Felony Charges in Insurance Fraud Involving Stolen GLP-1 Drugs Read More »
Louisiana state police have released video evidence in a deadly 2024 car crash that authorities contend was caused by reckless driving by Kyren Lacy, a former Louisiana State University football star who took his own life days before a grand …
Louisiana Police Video Counters Claim that LSU Star was Too Far From Fatal Wreck Read More »
