Florida’s Citizens Property Insurance Corp. has lifted its suspension on binding of policies as Hurricane Rafael turned away from Florida and was tracking toward Mexico and was expected to weaken. Citizens, the largest property insurer in the state, ended the …

An area along Florida’s west coast including affluent Sarasota is seeing the worst home price declines since the aftermath of the Great Recession, as the region recovers from hurricanes and faces rising inventory. While home prices continue to rise across …

Insurtech Hippo said it has sold a majority stake in First Connect Insurance Services, a digital platform for independent agents. The buyer is private equity fund Centana Growth Partners, who with Hippo shares Palo Alto, California as home. Centana said …

You can’t go anywhere without hearing about the impact of generative artificial intelligence on … well, everything. The insurance industry is not immune from these impacts; it has been affected by AI in countless ways – from the use of …

Insurance broker WTW announced the launch of ResQ Machine-led Reserving, which WTW describes as a game-changing technology for insurers and reinsurers to enhance accuracy and efficiency in property/casualty reserving. ResQ Machine-led Reserving uses proprietary algorithms that optimize the core reserving …

NFP, the Aon company and international insurance brokerage and consulting firm, announced it has acquired HC Financial, a financial planning and corporate employee benefits advisory business based in Galway, Ireland. Financial details of the deal were not disclosed. The HC …

Hannover Re announced that Chief Executive Officer Jean-Jacques Henchoz (60) is stepping down and will be replaced by the current chief financial officer, Clemens Jungsthöfel (54). Henchoz has decided not to extend his expiring contract at his own request and …

As a deadly storm bore down on Valencia on Oct. 29, the regional president was attending a ceremony to recognize his work on sustainable tourism. Three hours earlier, Spain’s national climate agency had issued a red alert about the rains …

The U.S. Supreme Court is set on Wednesday to consider a bid by Meta’s Facebook to scuttle a federal securities fraud lawsuit brought by shareholders who accused the social media platform of misleading them about the misuse of its user …

Even with all the storms the Western U.S. received in the last two years, climate change is baking the region. That’s because higher temperatures are increasing evaporation enough to cause drought, according to a study by UCLA scientists and National …

A U.S. federal appeals court on Thursday revived a defamation lawsuit accusing CNN of defaming Project Veritas in its explanation of why the conservative group, which is often accused of using deceptive tactics, was suspended from Twitter in 2021. The …

The latest forest fire to break out in New Jersey spurred authorities to evacuate more than a dozen homes Wednesday as crews worked to contain the blaze, but no injuries or property damage has been reported. The New Jersey Forest …

Vantage Insurance Partners, Inc., a New York-based insurance brokerage and risk management consulting firm, has announced the appointment of Jack Butcher as chief executive officer. Per a press release, Butcher has a “robust background in leading growth focused organizations through …

A former UFC fighter is wanted in Washington for insurance fraud, among other charges. Bryan Caraway, originally from Richland, has landed on Washington Insurance Commissioner Mike Kreidler’s insurance fraud most wanted list after he failed to appear for a pre-trial …

The U.S. Department of Labor has obtained a consent judgment requiring a Wyncote, Pennsylvania, home health care agency and its owner, Dominique Conner, to pay 196 direct care employees a total of $810,320 in back wages and liquidated damages for …

Commissioner Lara Makes Appointments to CAARP Advisory Committee, COIN Advisory Board, CEA Advisory Panel and Curriculum Board California Insurance Commissioner Ricardo Lara made several appointments to California Department of Insurance committees and panels. Appointments include new appointment Claudia Perez and …

President-elect Donald Trump will likely move to dismantle ESG-related regulations in the US when he takes office in January. That would mean blocking Securities and Exchange Commission rules for corporate and fund disclosures, and Labor Department requirements on pension funds, …

A Missouri farmer who appears in a reality TV show about his family’s farming operation pleaded guilty this week to a multi-million dollar fraud scheme involving federal crop insurance benefits. Steve A. McBee, 52, waived his right to a grand …

Grange Insurance Company, headquartered in Columbus, Ohio, named Nicole Carter as vice president, personal lines sales and strategic distribution, effective Jan. 1, 2025. Carter has nearly 30 years of experience in the insurance industry. Before joining Grange, she served as …

The Biden administration is racing to complete a study that could complicate President-Elect Donald Trump’s plan to immediately approve new liquefied natural gas export terminals, according to people familiar with the matter. The study, underway since January, examines the climate, …