California Insurance Commissioner Ricardo Lara approved a filing from the California FAIR Plan Association to increase commercial property coverage limits. Related: New Fire Maps Put Nearly 4M Californians in Hazardous Zones The approval increases the FAIR Plan’s Division I Commercial …
California OKs Increase in FAIR Plan Commercial Property Coverage Limits Read More »
According to a new report from the Insurance Research Council, auto insurance is more affordable now than at the start of the 21st century. The IRC, an affiliate of The Institutes, concluded that the average expenditure for auto insurance – …
IRC Finds Personal Auto Insurance Affordability Better Than in the 2000s Read More »
The death toll from Myanmar’s biggest earthquake in a century is set to climb from more than 1,700 following the end of a critical 72-hour rescue window, with aid efforts hampered by the ongoing civil war and sweltering heat. About …
War-Torn Myanmar Struggles With Quake Rescue as Toll Rises Read More »
The collapse of a skyscraper under construction in Bangkok — the lone building to crash during the massive earthquake last week — has become the center of Thai investigations as questions swirl around the construction and quality of the materials …
Thailand Probes Collapse of Only Skyscraper to Crumble in Quake Read More »
The family of Stephane Roy, a Canadian entrepreneur killed in a helicopter accident in 2019, has filed a C$50 million ($35 million) lawsuit against manufacturer Robinson Helicopter Co. Roy and his 15-year-old son Justin disappeared that summer while returning from …
Family of Canadian CEO Killed in Helicopter Crash Files $35 Million Lawsuit Read More »
Austin TX, March 28, 2025 –The Risk & Insurance Education Alliance proudly announces the launch of the Contractors RiskPRO Certification, the first specialized program in the innovative RiskPRO Certification Series. Designed specifically for risk and insurance professionals working with contractors, …
Risk & Insurance Education Alliance Launches the Contractors RiskPRO Certification Read More »
Property and casualty insurance has traditionally been a cyclical industry, meaning it goes through phases of firm pricing and tight capacity followed by softer market conditions that tend to favor insurance buyers. The ups and downs of insurance cycles complicate …
Viewpoint: Steady Growth Amid Market Cycles Is Possible Read More »
Elon Musk failed to fend off an investor lawsuit claiming he manipulated the stock price of Twitter Inc. months before he bought the company in 2022 by concealing how much stock he’d acquired. A Manhattan federal judge on Friday said …
Musk Loses Bid to Thwart Investor Suit Over Twitter Purchase Read More »
Budget woes, combined with cuts to the federal wildfire-fighting workforce and President Donald Trump’s tariff and sovereignty threats against Canada, have made it more difficult for state officials to plan for the upcoming wildfire season. In Washington, a $12 billion …
As Wildfire Season Arrives, Budget Woes and Federal Uncertainty Put States at Risk Read More »
A notorious public adjuster, already in prison for scamming Louisiana and Texas residents out of insurance proceeds, last week pleaded guilty to defrauding Brotherhood Mutual Insurance Co. and a Georgia church out of millions of dollars after the church was …
Public Adjuster Pleads Guilty to Another Scam, This One on a Church in Georgia Read More »
