insurance News

California Approves Roadmap for Carbon Neutrality by 2045

California air regulators voted unanimously to approve an ambitious plan to drastically cut reliance on fossil fuels by changing practices in the energy, transportation and agriculture sectors, but critics say it doesn’t go far enough to combat climate change. The …

Marijuana Now Legal in Missouri, But You Can’t Buy It Yet

As of Thursday, it was lawful for adults to possess and use marijuana in Missouri. That doesn’t mean you can legally buy it just yet, or use it everywhere. Medical marijuana has been legal in the state since a ballot …

Oil Spill Settlement Reached with California Businesses

A pipeline operator it has reached a settlement with Southern California tourism companies, fishermen and other businesses that sued after a crude oil spill off the coast last year near Huntington Beach. Amplify Energy Corp., which owns the pipeline that …

Big Legal Battle Brews Over Nevada Dorm Blast as Students Return

Three years after a gas explosion ripped through a University of Nevada dormitory, hundreds of students will start moving into the remodeled building this week as a legal battle looms over more than $100 million in damages. School officials likened …

Woman Sentenced to 8 Years in California Medical Fraud Insurance Billing Scheme

A former Southern California woman who, along with her doctor husband, billed insurers $44 million for unnecessary cosmetic surgeries was sentenced to eight years in federal prison. Linda Morrow, 70, also was ordered to pay $14 million in restitution. She …

California’s Sweeping Climate Plan Pleases Few

Heat waves and drought gripping California highlight the urgency to slash fossil fuel use and remove planet-warming emissions from the air, a top state official said during discussions of a new plan for the state to reach its climate goals. …

Mississippi’s Autopsy Backlog Worst in Nation

After Truitt Pace admitted to law enforcement that he beat and shot his wife, her family expected a swift conviction. The 34-year-old mother of three’s tiny frame was so bruised and traumatized that the funeral home suggested a closed casket. …

Florida Keys School Board Surprised by $400,000 Increase in Insurance Premiums

Florida homeowners aren’t the only ones feeling the pinch from sharply rising insurance premiums. School board members in the Florida Keys were taken aback this week when they were told that property insurance premiums for the coming school year would …

Colorado Wildfire Victims Hitting ‘Green’ Building Code Hurdle

Some homeowners recovering from Colorado’s most destructive wildfire in history, which decimated entire neighborhoods near Denver late last year, say they could end up paying tens of thousands of dollars more to rebuild because of environmentally sustainable construction standards passed …

AM Best: Ukraine Invasion to Likely Have ‘Substantial Impact’ on Insurance Industry

Russia’s invasion of Ukraine could add to inflationary pressures and will likely have a substantial impact on the global insurance industry, said AM Best. The rating agency Friday said efforts by the global central banks and the U.S. Federal Reserve …