President Donald Trump signed an executive order that allows the federal government to preempt state and local regulations in the recovery efforts of last year’s Los Angeles wildfires, blaming the destruction and its slow rebuilding on California’s authorities. “Immediate and …
Trump Orders Federal Takeover of LA Wildfire Rebuilding Efforts Read More »
A “sophisticated, criminal cyberattack” is threatening to hold up thousands of home sales in two of London’s richest boroughs. Westminster City Council and the Royal Borough of Kensington and Chelsea have been unable to process local authority searches since November …
London Cyberattack Threatens to Hold Up Thousands of Home Sales Read More »
Apollo, a Skyward Group Company, announced a partnership with U.S. startup insurtech ZenHedge to launch a parametric insurance product called Freight Expense Insurance designed to protect U.S. shippers against increased freight costs caused by trucking carrier tender rejections. Apollo said …
Markets/Coverages: Apollo, ZenHedge Partner on Parametric Solution for Shippers Read More »
Kin, a direct-to-consumer digital personal lines insurer, announced the launch of auto insurance in Florida and Texas. The auto insurance is currently available only as part of a bundle, not as a standalone product. Home insurance customers who choose to …
Kin Moves into Florida and Texas With Home-Auto Bundle Products Read More »
GEICO has agreed to pay more than $900,000 plus administrative costs to settle lawsuits from almost 1,500 call-center workers who said the insurer failed to pay overtime, including for time spent booting up computers and logging into a GEICO network. …
GEICO Settles Call-Center Worker Suits for $940,000. Attorneys Get Half of It Read More »
A Dutch court on Tuesday overturned a 2021 ruling that had classified all Uber drivers as employees, stating that individual drivers can be treated as independent entrepreneurs. The Amsterdam court said six drivers who had joined the rideshare company in …
Dutch Court Rules Uber Drivers Can Be Treated as Self-Employed Read More »
New York households paid an estimated $1,935 on average for personal auto insurance in 2024, according to a report by the industry’s Insurance Information Institute (Triple I). This was an increase from $1,753 in 2023. Triple I further estimates that …
Do New Yorkers Pay Too Much for Auto Insurance? Read More »
WalkerHughes Insurance announced it has acquired Inman Insurance Agency in Salem, Missouri, and Clark Insurance Agency in Ballwin, Missouri. The acquisitions expand WalkerHughes’ presence in Missouri, increasing market density across south-central communities and the St. Louis metropolitan area. Inman Insurance …
WalkherHughes Insurance Acquires Pair of Missouri Agencies Read More »
The day after a major winter storm swept across the US, hundreds of thousands of homes and businesses remained without electricity and the prospect of more outages loomed amid frigid temperatures. One early estimate suggested the storm could result in …
Why Power Outages Do More Economic Damage Than We Think Read More »
Fourth quarter 2025 net income at W.R. Berkley Corp. decreased nearly 28% compared to the same period a year ago. Net income was about $449.5 million for Q4 2025 compared to net income of about $576.1 million a year ago …
WR Berkely Turns in Record Underwriting Results for Q4, Year Read More »
