State Farm P/C Businesses Report $13B Underwriting Loss March 1, 2023 Late last year, State Farm’s chief executive broke the news that the auto giant would record the largest underwriting loss...
Florida’s SB 2A Ended One-Way Legal Fees. Now Some Insurers Say it’s Retroactive March 1, 2023 Plaintiffs’ attorneys took it on the chin when Florida lawmakers in December approved Senate Bill 2A, which ended the practice...
No Injuries Reported as Train Hits Tractor Trailer in Vermont March 1, 2023 No injuries were reported in a collision between an Amtrak train carrying 66 passengers and a tractor-trailer in Vermont on...
New Hampshire Roofing Contractor Faces $234K in OSHA Penalties March 1, 2023 Federal workplace safety inspectors have again cited a Derry, New Hampshire contractor for not protecting their employees against potentially lethal...
Cyberattack on Boston Labor Union Results in $6.4M Loss March 1, 2023 A cyberattack on a Boston-based labor union’s health fund resulted in the loss of $6.4 million, but it does not...
Nevada Board Voting on $330M in Additional Tesla Tax Breaks March 1, 2023 By Gabe Stern Tesla may receive over $300 million in tax abatements over the next two decades for a massive new expansion of...
Dam Owner Fined $1M in Field Turf Pollution of Washington River March 1, 2023 By Gene Johnson A company that operates a century-old hydroelectric dam near Mount Rainier National Park and its chief operating officer each pleaded...
People Moves: Travis joins Brotherhood Mutual Insurance Company as Senior Vice President February 28, 2023 Travis joins Brotherhood Mutual Insurance Company as Senior Vice President Brotherhood Mutual Insurance Company, based in Fort Wayne, Indiana, has...
Study Says Back-to-Back Hurricanes Likely to Come More Often February 28, 2023 By Seth Borenstein What used to be a rare one-two punch of consecutive hurricanes hitting about the same place in the United States...
Progressive CEO: Early Rate Actions Helped Growth February 28, 2023 Progressive Corp. posted full-year 2022 net income of $721.5 million, down about 78% from net income of $3.35 billion the...