California Wildfire Claims Ignite Industry-Wide Credibility Crisis February 24, 2025 By Grace Vandecruze As someone who lost everything in a devastating fire–from cherished family photos to irreplaceable heirlooms–I understand firsthand the profound impact...
People & Places February 24, 2025 National AM Best, headquartered in Oldwick, New Jersey, appointed Kenneth J. Johnson as senior managing director and chief ratings officer....
Words Matter February 24, 2025 By Bill Wilson In my September 2020 column, I wrote an article called “Is It Covered? The Unimpeachable Case of What ‘Are’ Is.”...
Net Income at Selective Insurance Drops on Unfavorable Casualty Reserve Development February 24, 2025 By Chad Hemenway Selective Insurance Group reported a 24% drop in fourth-quarter 2024 net income as its chief executive admitted the year did...
Viewpoint: How Will the California FAIR Plan Fare? What’s Next for Independent Agents? February 24, 2025 By Rene Swan If there is a single bright spot to be found in the aftermath of the costliest wildfire in California’s history,...
Lawsuit Alleges City Failed to Protect Revelers in New Orleans Truck Attack February 24, 2025 By Jack Brook A group of victims of the New Orleans New Year’s Day terror attack filed suit against city officials and contractors,...
Buffett’s Berkshire Posts Record Profit on Insurance, Investments February 23, 2025 By Jonathan Stempel Warren Buffett’s Berkshire Hathaway on Saturday said operating profit set a record in the fourth quarter and for the third...
LA Mayor Removes Fire Chief in Fallout From Palisades Blaze February 21, 2025 By Sarah McGregor Los Angeles Mayor Karen Bass removed Fire Chief Kristin Crowley, citing failures in the department’s response to the devastating Palisades...
SEC to Drop Lawsuit Against Coinbase, Firm Says February 21, 2025 By Hannah Lang and Chris Prentice Coinbase said on Friday the U.S. securities regulator planned to withdraw its lawsuit against the crypto exchange, ending a contentious...
Ohio Ex-Police Officer Sentenced for Starting 26 Arson Fires in Wayne National Forest February 21, 2025 A former Ohio fire department administrator and police officer was sentenced in federal court here to 18 months in prison...