New bursts of yellow dot the hills of Mendocino County. Smears of burnt orange now span the aqueduct near Bakersfield. A fresh splash of crimson juts east of Chico like a fresh wound. With the release of its fourth and …

Ardonagh Group Ltd. is nearing a deal to raise as much as $2.5 billion from investors to help fuel the private equity-backed insurance broker’s rapid growth. The London-based firm is expected to close the capital-raise this summer in an oversubscribed …

Los Angeles is looking to California for financial help as the city faces a nearly $1 billion budget deficit projected for the next fiscal year. Mayor Karen Bass and a group of city council members went to Sacramento, the state …

Delaware lawmakers approved on Tuesday an overhaul of the state’s corporate law in a bid to keep powerful business leaders like Mark Zuckerberg from moving their companies’ legal home to another state, although opponents call it a giveaway to billionaires. …

Earlier this month wind damaged the iconic Apex pyramid building in Pawtucket Rhode Island prominently visible from Interstate 95. Now, the city of Pawtucket has removed the remaining exterior panels of the iconic structure, leaving only the skeletal frame. Removal …

New analysis by Johns Hopkins researchers finds some bridges are likely to sustain catastrophic hits within the next few decades Ships are highly likely to collide with major bridges across the United States, with potentially catastrophic collisions happening every few …

The Lloyd’s executives said the market has continued to demonstrate its value to stakeholders by delivering 6.5% premium growth while maintaining underwriting discipline. Lloyd’s saw a continuation of positive returns with profit before tax of £9.6 billion ($12.4 billion) during …

QBE North America Introduces Media Liability Endorsement QBE North America announced a new media liability endorsement for media organizations facing legal actions brought under consumer protection laws. This endorsement provides affirmative coverage should these laws be leveraged to challenge the …

Policy discussions on the use of artificial intelligence in insurance are “unfounded” and “detrimental to policyholders,” according to a analysis from the National Association of Mutual Insurance Companies. The use of AI in insurance underwriting and rate making has led …

The Oklahoma Insurance Department (OID) has expanded their initial pilot launch of OKReady, the Strengthen Oklahoma Homes (SOH) program. The application process opened earlier this month, and the first testing period has been successful, OID said. Two new zip codes …

The Missouri Department of Commerce and Insurance (DCI) said that consumer specialists will participate in a Multi-Agency Resource Center (MARC) to answer insurance questions and help those impacted by the severe storms in Phelps County. An EF-2 tornado struck Phelps …

AM Best has downgraded the Financial Strength Rating to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings to “a-” (Excellent) from “a” (Excellent) of Cities and Villages Mutual Insurance Company (Cities and Villages) based in Wauwatosa, Wisconsin …

Property data provider CoreLogic is rebranding to Cotality. The rebrand includes a new name, logo and brand identity. “The property ecosystem underpins the prosperity of individuals, businesses, governments, and society as a whole. But at the core, it’s people, businesses, …

Specialty insurer Argo Group International Holdings said it has named Chris Donahue as chief executive officer. Donahue joined as chief financial officer in November 2023 – the same month Brookfield Reinsurance completed its acquisition of Argo Group. Also at this …

Aircraft lessor Air Lease Corp. said on Monday it has received $328.5 million in cash, as part of certain insurance settlements related to its aircraft which were blocked from leaving Russia after the country’s invasion of Ukraine. Before the invasion …

The National Highway Traffic Safety Administration is investigating nearly 1.3 million Ford F-150 pickup trucks in the United States over reports of an unexpected gear downshift accompanied by a temporary rear wheel lock-up. NHTSA said Monday it is opening a …

The Oregon Occupational Safety and Health Division acted within its legal authority when adopting enhanced safety and health regulations for agricultural labor housing, the Oregon Department of Justice confirmed. The clarification for OSHA dispels doubts regarding the division’s capacity to …

MONTGOMERY, Ala. (AP) — Two blocks from the Alabama Statehouse, a black wreath hung on the door of Adams Drugs — a symbol to draw attention to the number of neighborhood pharmacies that have closed, or are in danger of …

The New Hampshire attorney general’s office has agreed to a $10 million settlement in the case of a man who alleged that he was gang-raped in a stairwell at the state’s youth detention center in the 1990s. Michael Gilpatrick’s lawsuit …

ATLANTA (AP) — Republican Gov. Brian Kemp’s measure to limit lawsuits in Georgia received House approval Thursday, poising the state’s litigation landscape for a controversial overhaul after a lengthy lobbying campaign. Supporters of the bill say it will stop “frivolous” …