Two lawsuits filed in Los Angeles allege major home insurance companies have colluded to limit coverage in California communities at high risk for wildfires and force homeowners onto the state’s last-resort insurance plan that offers basic coverage and high premiums. …
Lawsuits Accuse Insurers of Colluding to Drop Coverage in Fire-Prone Parts of California Read More »
Morningside Park, a beloved neighborhood park in Miami with sweeping views of Biscayne Bay, will soon pilot an innovative approach to coastal resilience. BIOCAP tiles, a 3D-printed modular system designed to support marine life and reduce wave impact along urban …
Researchers Testing Textured Seawall in Miami to Hold Back Rising Seas Read More »
Markel Insurance announced that its U.S. and Bermuda operations, previously known as Markel Specialty, are being divided into two business divisions: US Wholesale and Specialty, and Programs and Solutions. The changes follow the appointment of Simon Wilson as chief executive …
Markel Insurance Restructures US, Bermuda Operations, With Leadership Appointments Read More »
A federal jury in Manhattan on Tuesday found the New York Times NYT.N not liable for allegedly defaming Sarah Palin in a 2017 editorial about gun control, dealing the former Republican U.S. vice presidential candidate a second loss at trial. …
Jury Again Finds NY Times Not Liable in Sarah Palin Defamation Case Read More »
A Thai-Chinese company denied Monday allegations its steel rods did not pass safety standard tests after nationwide criticism prompted an investigation into the collapse of a high-rise building under construction after an earthquake last month in Bangkok. Authorities are probing …
Thai-Chinese Firm Denies Flouting Safety Measures in Probe of Skyscraper Collapse Read More »
Cybercrime of all stripes cost victims globally more than $16 billion dollars last year, the Federal Bureau of Investigation said in a report released on Wednesday. The losses—a one-third increase over 2023—were largely driven by low tech scams, such as …
FBI Says Cybercrime Costs Rose to at Least $16 Billion in 2024 Read More »
A major wildfire in southern New Jersey’s Ocean County expanded last night and has led to the evacuation of 3,000 people and is threatening more than 1,320 structures. The New Jersey Forest Fire Service reported last night at 10 p.m. …
New Jersey Wildfire Forces 3,000 to Evacuate, Threatens 1,320 Structures in Ocean County Read More »
Japan’s biggest financial firms are abolishing decades-old practices that kept women off the corporate ladder. Nippon Life Insurance Co., Japan’s largest insurer, and MUFG Bank Ltd., a unit of the nation’s biggest banking group, are among firms that in recent …
Top Japanese Firms Scrap Employment System That Held Women Back Read More »
The maritime industry is grappling with an escalating wave of cybersecurity threats as it increasingly relies on interconnected digital systems. Recognizing the critical need to address these vulnerabilities, the U.S. Coast Guard issued a final rule aimed at fortifying the …
Pet insurance is considered property insurance, and pet coverage and pet wellness programs will soon face new regulations and disclosure requirements under a bill signed into law by Florida Gov. Ron DeSantis. House Bill 655, approved with no opposition in …
Pet Insurance, Agents Gets a Shorter Leash Under Bill DeSantis Signed Into Law Read More »
