California Utility Fund to Compensate Victims of January’s Deadly Eaton Fire Near LA
Southern California Edison announced last week that it will create a program to compensate victims of January’s devastating …
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Majority of Allianz Life US Customer Data Stolen in Hack
U.S. insurance giant Allianz Life said on Saturday that hackers stole the personal information of the majority of …
AM Best Upgrades Credit Rating of Texas’ New Horizon
AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer …
New Expert Report Cites 6 Urgent Actions to Address Insurance Crisis
California is in the midst of an insurance crisis, and a new report highlights several contributing factors, including …
Appeals Court Rules Insurer Can’t Sue for Unjust Enrichment by Deceptive Insured
A decision by a federal appeals court last week shows what limited options insurance carriers have when they …
Michigan Manufacturer Sued for Sexual Harassment
East Jordan Plastics, Inc., a manufacturer of plastic horticultural containers, violated federal law when it subjected female production …
Forest Clearing Causes 18x More Floods and 105% Bigger Storms: Study
Clear-cutting forests doesn’t just raise flood risk — it can supercharge it. The process of clearing all of …
Senator to Unveil Aviation Safety Bill on Eve of Fatal Crash Hearing
The chair of the U.S. Senate Commerce Committee will introduce broad aviation safety legislation on Tuesday on the …
Guy Carpenter Taps RenRe’s Flynn as Head of Global Clients, Global Specialties; Tokio Marine HCC International Names Bridges as Chief Claims Officer
This edition of International People Moves details London-based appointments at the reinsurance broker Guy Carpenter and the insurer …
Construction Projects Facing Delays Under Threat of ICE
Under a broiling Alabama sky a frustrated Robby Robertson, a construction site superintendent, surveys an 84,000 square foot, …