Europe’s Farm Sector Loses €28 Billion a Year From Climate Risks May 21, 2025 By Celia Bergin The European Union’s agriculture industry is losing €28 billion ($31.5 billion) a year due to increasing climate risks, such as...
World Insurance Adds Two Agencies in South Carolina May 21, 2025 New Jersey-based World Insurance Associates, one of the larger brokerages in the country, has continued its expansion plans with the...
Alphabet’s Waymo Gets California Nod for Robotaxi Expansion in Bay Area May 21, 2025 By Juby Babu and Abhirup Roy Alphabet’s self-driving unit Waymo said on Monday it received approval from California to expand its robotaxi operations in more areas...
Senate Will Try to Block California Vehicle Standards to Phase Out Gas-Powered Cars May 20, 2025 By Mary Clare Jalonick and Matthew Daly The U.S. Senate will move this week to block California from enforcing a series of vehicle emissions standards that are...
Central US Severe Weather Outbreak Caused Billions in Damages, AccuWeather Says May 20, 2025 By Insurance Journal Staff Reports A multiday severe weather outbreak across the central U.S. caused an estimated $9 billion to $11 billion in total damages...
Ryan Specialty Acquires Irish MGU 360° Underwriting May 20, 2025 Ryan Specialty, the Chicago-based international specialty insurance firm, announce that it has acquired 360° Underwriting (360), a managing general underwriter...
No NOAA Large-Disaster Data to Hurt Insurers’ Grasp of Secondary Perils, Says AM Best May 20, 2025 By Chad Hemenway Insurance industry financial strength rating agency AM Best said today that a decision to stop updating a National Oceanic and...
Iowa-Based Ice Cream Manufacturer Issues Recall Over Plastic Concerns May 20, 2025 An Iowa-based ice cream manufacturer has recalled nearly 18,000 containers of ice cream and frozen yogurt over concerns they could...
Stablecoin Bill Advances in US Senate in Big Win for Crypto May 20, 2025 By Steven T. Dennis Stablecoin legislation overcame a procedural blockade in the US Senate, marking a major victory for the crypto industry after a...
Massachusetts Denies 7.1% Workers’ Comp Rate Hike After 2024 ‘Excessive’ Cut May 20, 2025 By Andrew G. Simpson Massachusetts Insurance Commissioner Michael Caljouw has rejected an industry proposal to raise workers’ compensation rates by 7.1%. As a result,...