Fortune 500’s Insured Losses for CrowdStrike Could Reach $1 Billion: Parametrix July 24, 2024 The total direct financial loss facing the US Fortune 500 companies, excluding Microsoft, from the CrowdStrike outage on July 19...
Louisiana Businessman to Pay $1.3M Fine for Neglecting Elderly Residents During Ida July 24, 2024 By Kevin McGill A Louisiana businessman who sent more than 800 elderly residents from his seven nursing homes to ride out Hurricane Ida...
2 Boys Die, 6 Others Hurt, When SUV Overturns Into a Pond in North Dakota July 24, 2024 JAMESTOWN, N.D. (AP) — Two boys died when the SUV they were in crashed and ended up in a small...
NFP Acquires Louisiana’s Southern Insurance Agency July 24, 2024 NFP, an Aon company and property and casualty broker, benefits consultant, wealth manager and retirement plan advisor, announced the acquisition...
Global Q2 Commercial Insurance Rates Remain Flat, Ending 7 Years of Price Hikes: Marsh July 24, 2024 Global commercial insurance rates remained flat during the second quarter of 2024 (down from a 1% increase in Q1 2024),...
Florida-Based Brown & Brown Posts Strong Profit for Q2 July 24, 2024 DAYTONA BEACH, Fla. (AP) — Florida-based Brown & Brown Inc. (BRO), one of the largest U.S. insurance brokerages, this week...
Canadian Wildfires Threaten Oil Output, Prompt Evacuations July 24, 2024 By Robert Tuttle Wildfires in Canada’s energy-producing Alberta province are threatening almost 10% of the region’s oil production and forcing the evacuation of...
Deadly Typhoon Gaemi Floods Philippines, Shuts Taiwan July 24, 2024 By Sing Yee Ong, Cindy Wang and Manolo Serapio Jr. Typhoon Gaemi claimed the lives of at least four people and forced the evacuation of hundreds of thousands in the...
WR Berkley CEO: Losses From Tech Outage Expected to Be ‘Manageable’ July 24, 2024 By Chad Hemenway W.R. Berkley CEO W. Robert Berkley, Jr. said the company does not see last week’s global network systems outage “being...
J.D. Power: Auto Insurance Shopping Hits New High, Could Drop With Rate Adequacy July 24, 2024 The national auto insurance shopping and quoting rate reached a new high between April and June, but many insurers appear...