Lloyd’s of London said on Thursday it would join peers in scaling up efforts to cut carbon emissions and push members of the commercial insurance market to do the same, days before international climate talks get underway in Scotland. Lloyd’s …
A U.N.-backed body launched a scheme to verify corporates’ net zero strategies on Thursday that is likely to become a standard for regulators and investors to measure companies’ climate ambitions. With rising investor and societal pressure on companies to reduce …
Workers at the leading U.S. meatpacking plants experienced cases and death from COVID-19 that were up to three times previous estimates, according to a report by the House Select Subcommittee on the Coronavirus Crisis seen by Reuters. The U.S. House …
Catastrophic weather events such as wildfires, hurricanes and floods caused 39% of home insurance claims in 2020 – the highest percentage in the last six years. According to the 2021 LexisNexis Home Trends Report, the loss cost in 2020 also …
This post is part of a series sponsored by CoreLogic. Nine of the 20 largest wildfires in California have occurred since 2020, including four so far in 2021. Five of the 19 largest wildfires in Oregon and three of Colorado’s …
This post is part of a series sponsored by AgentSync. Question: If each state is responsible for regulating its own insurance industry, and there are 50 states in the U.S., how many different entities dictate insurance compliance? Answer: 56 Seems …
Unlicensed insurance agent Karyl Lynn Reed, 57, formerly of Cosa Mesa, Calif., was arraigned this week on multiple felony counts of grand theft, forgery, embezzlement, and aggravated white-collar crime after allegedly defrauding three victims of over $1.4 million. Reed was …
The California Labor Commissioner’s office cited NGC Construction Inc. $7.2 million for wage theft violations affecting 724 workers. An investigation reportedly showed that the Visalia-based drywall company paid workers a fixed amount per project known as “piece-rate.” The workers, who …
California’s Earthquake Brace + Bolt grant program is expanding, and it now includes 395 ZIP Codes where qualifying homeowners can get up to $3,000 to offset the cost of completing a seismic retrofit, the California Earthquake Authority announced. The program …
A severe storm generated thunderstorms and reports of tornados across southeastern Texas into Louisiana late morning Wednesday, Oct. 27. The National Weather Service put out severe thunderstorm and tornado warnings for much of the Houston-Galveston region. Most of those warnings …
