Demolition crews are using giant saws, backhoes and other heavy equipment to remove large sections of the remaining pieces of Baltimore’s Francis Scott Key Bridge, which collapsed last year after a container ship lost power and veered off course, killing …
Demolition Begins on Last Pieces of Baltimore’s Collapsed Key Bridge Read More »
A Massachusetts assisted-living facility where a fire killed 10 people earlier this month temporarily lost its certification nearly a decade ago due to resident mistreatment, according to state regulators. The documents obtained by The Associated Press show the staff failed …
Assisted Living Facility Where 10 Died in Fire Was Cited for Mistreatment Read More »
The Catholic Diocese of Rochester, its insurers, and survivors of clergy sexual abuse have agreed on a $246 million fund to pay abuse claims as part of the diocese’s Chapter 11 plan to emerge from bankruptcy. The plan came together …
Insurer’s $120M Contribution Finalizes Rochester Diocese Claims Fund Read More »
As the floods hit, Kerrville officials’ messages show lack of information about what was coming” was first published by The Texas Tribune, a nonprofit, nonpartisan media organization that informs Texans — and engages with them — about public policy, politics, …
The Missouri Department of Commerce and Insurance (DCI) reported Thursday that severe weather has already caused nearly $1.6 billion in damage throughout the state this year. “The insurance industry continues to respond and assist Missourians as they rebuild and repair …
Missouri’s 2025 Insured Losses From Severe Weather Approaching $2 Billion Read More »
Formerly licensed insurance agent was arraigned this week on multiple felony charges involving fraud for duping people to invest in a non-existent marijuana business. Matthew Evans, 36, of Palmdale, pleaded not guilty to multiple felony charges involving fraud, after a …
Former Insurance Agent Arraigned in Investment Scam for Fake Cannabis Business Read More »
California Insurance Commissioner Ricardo Lara is taking legal action against the California FAIR Plan Association for reportedly denying and limiting smoke damage claims from wildfire survivors. The California Department of Insurance filed an order to show cause against the FAIR …
California Commissioner Takes Legal Action Against FAIR Plan for Smoke Damage Claims Read More »
Tesla launched a ride-hailing service in the San Francisco Bay Area on Thursday, without indicating whether it would be using self-driving vehicles that power its Austin, Texas operations. California has not permitted Tesla to offer robotaxi service, and the limited …
No Mention of Robotaxi as Tesla Launches Ride-Hailing in San Francisco Read More »
PERILS AG, the independent Zurich-based company that provides industry-wide catastrophe insurance data, announced the inclusion of severe convective storm (SCS) industry loss reporting for Europe (Austria, Belgium, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Switzerland, United Kingdom), Japan and New Zealand. …
PERILS Offers Severe Convective Storm Loss Reporting for Europe, Japan, New Zealand Read More »
Willis Towers Watson beat Wall Street estimates for second-quarter profit on Thursday, driven by a strong performance in its risk and brokerage business. Despite rising premium costs, businesses increased spending on insurance products as they prioritized financial protection in response …
Broker WTW Beats Q2 Profit Estimates on Robust Product Demand Read More »
