Hurricane Beryl: Insurers See Minimal Impact, Brace for Active Season July 12, 2024 By Ezra Amacher Insurers’ losses from Hurricane Beryl will be “low and readily absorbed” and the storm is not expected to change pricing...
Florida Tax Watch Calls for Renewed Tax Breaks for Home Hardening Efforts July 12, 2024 By Insurance Journal Staff Reports Florida Tax Watch, a nonprofit government watchdog in operation for 45 years, is urging state lawmakers to expand wind-mitigation tax...
Ships Fleeing the Red Sea Now Face Perilous African Weather July 12, 2024 By Alex Longley and Paul Burkhardt Ships sailing around the southern tip of Africa are wrestling with a bout of bad weather that has already run...
What Happened to Reinsurance ‘Class of 2023’? Hard Market Defies Age-Old Patterns. July 12, 2024 By L.S. Howard Catastrophic events, such as major hurricanes and the Sept. 11 terrorist attacks, traditionally have led to hard markets that in...
Abbott Accused at Trial of Hiding Fatal Risk of Infant Formula July 12, 2024 By Jef Feeley Abbott Laboratories hid the risks of its premature-infant formula causing a potentially fatal bowel disease from parents even though company...
Insurers Hike Rates as Extreme Storms Like Beryl Proliferate July 12, 2024 By Damian J. Troise Destructive storms like Hurricane Beryl that knocked out power to 3 million homes and businesses in Texas are growing more...
Hurricane Beryl’s Remnants Spawn Severe Storms in Midwest and Northeast July 12, 2024 INDIANAPOLIS (AP) — The remnants of Hurricane Beryl dropped tornadoes and threatened flooding Wednesday as the system churned into Canada...
Texas Steel Plant Fined $269K for Endangering Workers July 12, 2024 Two years after the U.S. Department of Labor added Kyoei Steel LTD to its program for severe violators of federal...
Half a Million Will Be Under Houston Outages a Week After Beryl July 12, 2024 By Kevin Crowley and Naureen S. Malik Days after Hurricane Beryl crashed through the city, Houston is still grappling with the aftershocks. Large swaths of America’s fourth-largest...
Lawsuit Against West Virginia Troopers Settled in Death of Maryland Man July 12, 2024 CHARLESTON, W.Va. (AP) — A judge approved a $1 million settlement Tuesday in a wrongful death lawsuit that accused West...