Lloyd’s this week said it will lose $2.3 billion from the Los Angeles wildfires in January, adding to the number of companies that have paid out more than $1 billion in losses from the catastrophe. The company revealed the losses …
Multiple brush fires that burned across a wooded area of Long Island over the weekend were accidentally caused by a family’s attempt to make s’mores, Suffolk County police said Monday. Commissioner Kevin Catalina said detectives traced the cause to a …
More than half of ransomware claims in 2024 started with threat actors compromising perimeter security appliances, according to a new report from Coalition. In its Cyber Threat Index 2025, the insurance provider reported that 58% of claims began with such …
Austin TX, March 11, 2025 –Every year, the Risk & Insurance Education Alliance invites the best and brightest in customer service to compete to be named the Outstanding CSR of the Year ®—a prestigious honor recognizing individuals who go above …
Atlanta-area-based Oakbridge Insurance, one of the largest privately owned agencies in the Southeast, named John Ledyard chief operating officer and executive vice president. Ledyard spent almost 11 months at Higginbotham, a Texas-based insurance brokerage and agency, much of that time …
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb+” (Good) of Grange Insurance Association and its reinsured subsidiary Granwest Property & Casualty. …
U.S. Secretary of Health and Human Services Robert Kennedy Jr. directed the Food and Drug Administration on Monday to revise safety rules to help eliminate a provision that allows companies to self-affirm that food ingredients are safe. This would increase …
The owner of a Rhode Island asbestos abatement training center who falsified documents attesting individuals paid for, attended, and successfully completed an Environmental Protection Administration (EPA)-approved abatement training program has been sentenced to two years’ probation, announced Acting United States …
For many years, the homeowners insurance market operated as a relatively stable and predictable sector in California. Changes were incremental, and the market largely catered to established patterns of risk and pricing. This stability, however, has been disrupted recently, with …
The Girl Scouts have been sued by consumers over the alleged presence of “heavy metals” and pesticides in its popular Thin Mints and other cookies. A proposed class action was filed on Monday night in the Brooklyn, New York federal …
