Faced with heightened climate risks and political uncertainties, insurers writing agribusiness and farm and ranch are deploying data analytics and technology as they grapple with a hard market and the need for greater transparency with their agricultural clients. Insurers are …
More merger-and-acquisition activity and technology consolidation have given cyber hackers plenty of entry points to exploit, making third-party cyber risk a dominant driver of claims for Resilience in 2024. New research from the San Francisco-based cyber solutions company found 31% …
With rapid changes occurring in Washington, it can be challenging to know how they will affect one’s business. Owners of insurance agencies and other businesses may be especially focused on how changes will affect growth opportunities, particularly for mergers and …
There are 11.96 million registered recreational boating vessels in the U.S., with 11.1 million mechanically propelled in the U.S. Florida is the U.S. state with the highest number of registered recreational boating vessels. Other watercraft users include 18.6 million kayakers, …
Jeff Cohen, a Zywave senior vice president, asked the speakers during a webinar hosted by Zywave titled “Casualty Craziness: What’s the Cause and What’s the Cure?,” to discuss whether some industry-geography combinations were more palatable for casualty underwriters. Mike Vitulli, …
Florida legislative leaders, facing increasing pressure from the public and the press, pledged to investigate property insurers’ financial structures as they met in Tallahassee in early March. And bills filed before the session began would require other changes that could …
A class action lawsuit filed in Texas alleges GEICO doesn’t abide by its Accident Forgiveness program when a driver with an unblemished record gets into a first, at-fault accident. Texas resident Christopher Cude sued GEICO on Feb. 25, alleging the …
A Texas man was sentenced to more than 13 years in prison for constructing a $5 million insurance fraud scheme, the U.S. Attorney’s Office, Northern District of Texas announced. Jordan Ford, 32, was charged via criminal complaint in June 2024 …
The Justice Department opened an investigation into the University of California to determine if the UC system has allowed an Antisemitic hostile work environment to exist on its campuses. The investigation, being conducted under Title VII of the Civil Rights …
A construction company was fined more than $430,000 for California labor violations that resulted in unpaid wages, overtime and other violations. The stateis Labor Commissioneris Office secured the settlement to return unpaid wages and damages to 86 carpenters employed by …
