Despite Hard Market, P/C Combined Ratio Forecast Near 104 for 2023 November 6, 2023 Losses resulting from severe convective storms are expected to drive the 2023 net combined ratio for the property/casualty industry to...
Boeing Says ‘Cyber Incident’ Hit Parts Business After Ransom Threat November 6, 2023 Boeing, one of the world’s largest defense and space contractors, said on Wednesday it was investigating a cyber incident that...
California Labor Investigation Leads to Felony Grand Theft Charges Against Owners of 8 Businesses November 6, 2023 The California Labor Commissioner’s Office’s Criminal Investigation Unit partnered with the Los Angeles District Attorney’s Office two prosecute two Catalina...
Gas Explosion Injures 10 at Building North of New York City November 6, 2023 A gas explosion collapsed part of a brick multifamily building north of New York City, trapping victims in the rubble...
Wisconsin Milling Company Agrees to $11.2M Settlement Over Corn Dust Explosion November 6, 2023 A milling company has agreed to plead guilty to federal charges that employees at a Wisconsin corn plant falsified records...
Kentucky Clarifies Matching Law While Florida Insurers Use Endorsements to Limit Replacement Costs November 6, 2023 Matching requirements for roofs and interior furnishings have been a tough issue in the property insurance industry for years. Recent...
Florida Special Session Called to Punish Iran … and Help Floridians with Wind Mitigation November 6, 2023 Florida lawmakers have agreed to convene in another special session – the sixth in three years – this time to...
Farmers, USAA Lead Pack in Hiking Homeowners Insurance Rates in 2023: S&P November 6, 2023 Farmers Insurance Group of Cos. and United Services Automobile Association (USAA) have increased homeowners insurance rates by nearly 15% each...
People & Places November 6, 2023 National American International Group, headquartered in New York, New York, hired Edward Dandridge as executive vice president and chief marketing...
Major Cyber Attack Could Cost Global Economy $3.5 Trillion: Lloyd’s November 6, 2023 A cyber attack on a major financial services payments system could result in widespread business disruptions, potentially costing the global...