Zillow Listings Will Now Highlight Climate Risks, Insurance Info
For-sale listings on Zillow will now feature detailed climate risk information for five key categories — flood, wildfire, wind, heat and air quality — along with insurance recommendations, according to the online real estate company. The climate risk data, provided …
Ransomware, Email Compromise Leading Causes of Cyber Loss: NetDiligence
Cybersecurity claims reported in recent years vary sharply, with larger claims reaching $500 million of data loss and smaller claims as low $1,000. NetDilligence released its annual report, which analyzes 10,464 claims from incidents between 2019 and 2023. The report …
Chemical Board Still Probing Tennessee Nitriding Plant Blast That Killed Worker
Federal safety officials said that almost four months after a fatal explosion at a steel-hardening facility in Tennessee, teams are still trying to determine the exact cause of the incident. One worker was killed in the explosion at the Techniques …
Appellate Judges Skeptical of New York Civil Fraud Case Against Trump
Appeals court judges signaled skepticism on Thursday toward the civil fraud case brought by New York state against Donald Trump as the former president asked them to toss a nearly half-billion dollar judgment against him over real estate business practices …
Connecticut Flood Recovery Centers for Small Businesses Now Open
Connecticut Governor Ned Lamont announced that the U.S. Small Business Administration (SBA) has opened two business recovery centers that are now providing in-person assistance to businesses applying for federal disaster aid for damages incurred caused by the severe flooding the …
Pac-12 Files Suit Against Mountain West Over $40M in ‘Poaching’ Penalties
The Pac-12 is suing the Mountain West over what it calls an unlawful and unenforceable “poaching penalty” that would cost the rebuilding conference more than $40 million for adding Boise State, Fresno State, Colorado State and San Diego State, according …
New York City Weighs Slashing Cab Insurance 75% to $50,000 to Aid Drivers
The New York City Council will introduce legislation this week that would drastically reduce the amount of insurance coverage taxi and ride-share vehicles are required to maintain, looking to contain potential fallout from the insolvency of the city’s largest taxi …
US Court Says Man Can Sue Pennsylvania Over 26 Years of Solitary Confinement
A man who spent 26 years in solitary confinement despite a history of mental illness can sue Pennsylvania prison officials for alleged cruel and unusual punishment, a U.S. appeals court said in reviving the man’s lawsuit. Roy Lee Williams spent …
Columbia Insurance to Transfer Personal Auto, Umbrella Books to Safeco
Safeco Insurance, a Boston-based Liberty Mutual Insurance company, said it has entered into a book transfer agreement with Columbia Insurance Group, a Central and Midwest regional carrier. Under the agreement, mutual insurer Columbia will transfer its entire personal auto and …
Damage Predictions Mount as Helene Strengthens: Atlanta in Its Path
As Hurricane Helene gains strength in the unusually warm waters of the northern Gulf of Mexico, forecasters, claims adjusting firms and analytics experts are warning that the storm could be more damaging than other recent storms that hit the same …
Chemical Leak Prompts Evacuation Order in Ohio Town
CLEVES, Ohio (AP) — Students in school buildings and residents in neighboring homes were told to evacuate after a dangerous chemical began leaking from a railcar Tuesday near Cincinnati. Aerial video showed firefighters spraying down the car, which was sitting …
Amwins Commits $100K Towards Univ. of Louisiana Monroe RMI Program
Amwins has recommitted to giving the University of Louisiana Monroe’s Risk Management and Insurance program by donating $100,000 over 10 years. Amwins and ULM held a check presentation to commemorate the donation on September 17. David Lavins, president of Amwins …
Inszone Acquires First West Insurance Agency in California
Inszone Insurance Services acquired First West Insurance Agency in Huntington Beach, California. Originally established in 1968 as Shearer Insurance, the firm merged in 1979 with First West Insurance Agency. Owners Phil and Kristen Shearer will remain on board for a …
Alera Group Acquires Louisiana’s Insurance Underwriters Ltd.
Alera Group announced the acquisition of Insurance Underwriters Ltd., a Louisiana-based insurance agency offering risk management and insurance solutions including business insurance, surety bonds, personal insurance and employee benefits. IUL provides customizable insurance solutions designed to keep businesses competitive and …
Trial Begins Over Claims Newsmax Defamed Smartmatic in 2020 Election Reporting
A defamation trial against Newsmax Media kicks off on Thursday over allegations the conservative outlet damaged Smartmatic by broadcasting false claims that the voting machine company helped steal the 2020 U.S. presidential election from Donald Trump. The trial in Wilmington, …
Xceedance Acquires Illinois’ Millennium Information Services
Xceedance announced it has acquired Millennium Information Services, a property inspection and data analytics company based in Chicago. With the acquisition, the Xceedance Americas team adds nearly 200 team members and a nationwide contractor network of more than 1,300 inspectors, …
Ardonagh Marks Crucial Step Toward Completing A$2.3B Acquisition of Australia’s PSC
The Ardonagh Group, the London-based independent insurance distribution platform, announced that PSC Insurance Group Ltd.’s shareholders voted in favor of its proposed acquisition. The transaction, which is valued at A$2.3 billion (US$1.6 billion) and was ffirst announced in May 2024, …
GEICO Can’t Sue or Void Invoices from Auto Glass Shops, Florida Supreme Court Says
In the long war between auto insurers and windshield repair shops, the Florida Supreme Court this week sided with glass companies, leaving GEICO with little choice but to ask lawmakers to change the law if it feels repair prices have …
AM Best Revises Outlooks to Negative for Members of Coverys Companies
AM Best has revised the outlooks to negative from stable while affirming the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a” (Excellent) of Boston-based Medical Professional Mutual Insurance Co., and its …
AI Being Used to Scam Small Business Owners, Says Nationwide Survey
Just when employees have learned to ignore scammy texts and emails from the boss, along comes the next generation of impersonation using artificial intelligence. Cybercriminals increasingly use generative AI, including voice calls and video, to scam businesses. And small businesses …
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