Florida Judge Blocks State Agency for Citizens Claims Disputes, But Insurer Appeals August 5, 2025 By William Rabb A Florida judge temporarily halted Florida’s Citizens Property Insurance Corp. from sending claims disputes to a state arbitration agency, but...
Lemonade Posts Another Quarterly Loss but Car Growth Continues August 5, 2025 By Chad Hemenway Insurtech Lemonade reported a second quarter 2025 net loss of about $44 million compared with a loss of $57.2 million...
California Wildfire Burns 72,460 Acres, Threatens Hundreds of Structures August 5, 2025 A wildfire in California that covers two counties, and prompted evacuation orders and threatened hundreds of structures, has grown to...
People Moves: Berkley Re UK Names Ashley as President, Succeeding Himmer at Year-End; Aon Promotes Laing and Moore in Reinsurance Leadership Team August 5, 2025 This edition of International People Moves details appointments at Berkley Re UK and Aon. A summary of these new hires...
Rotten Wood, Poor inspections Led to Deadly Maine Schooner Mast Collapse August 5, 2025 By Patrick Whittle Rotten wood and poor inspections appear to have played roles in the collapse of the mast of a historic Maine...
Business Moves: Private Equity Firm J.C. Flowers Acquires Italian Insurance Broker Caleas; UIB International Sells Minority Stake in UIB Insurance Brokers (India) August 5, 2025 Private Equity Firm J.C. Flowers Acquires Italian Insurance Broker Caleas J.C. Flowers & Co. (JCF), a private equity investment firm...
Four Gabriel House Residents Sue Over Assisted Living Facility’s Deadly Fire August 5, 2025 By Andrew G. Simpson Two lawsuits have been filed over the tragic fire at a Fall River, Massachusetts assisted living facility that took the...
Hong Kong Sets Rainfall Record as Deluge Disrupts Flights August 5, 2025 By Mary Hui, Sangmi Cha and Danny Lee Hong Kong set a rainfall record for August after violent storms lashed the city on Tuesday, leading to flight delays...
Air Lease Profit, Revenue Rise on Insurance Payout and Aircraft Demand August 5, 2025 By Dan Catchpole, Shivansh Tiwary and Anshuman Tripathy Aircraft lessor Air Lease Corp. reported a rise in second-quarter profit and revenue on Monday, due to a $344 million...
Trump Media CEO Nunes Loses Defamation Lawsuit Over Rachel Maddow Show August 5, 2025 By Jonathan Stempel A federal judge dismissed a defamation lawsuit by Devin Nunes, the former California congressman and now chief executive of Trump...