Insurance News from February 22, 2024
National News
That’s Gonna Leave a Mark: Large-Hail Days Hit Two-Decade High in 2023
Hail of two inches or greater struck the United States on 141 days last year — the...
International & Reinsurance News
Slumping EV Prices Force Carmakers to Repay Leasing Firms
Carmakers have begun compensating leasing companies for the sliding value of used...
East News
Fire Mitigation Industry Terror: NYC Gang Member Convicted of Extortion, Racketeering
A gang member who ran a fire restoration company has been convicted of using violence,...
West News
California Puts Waymo Robotaxi Expansion Application on Hold Until June 19
A California regulator has put on hold until June 19 an application by Alphabet's Waymo...
Southeast News
Castle Key Defends 53.5% Condo Rate Hike, Blames Reinsurance, Ian, Rapid Growth
When Allstate's Florida unit, Castle Key Indemnity Co., entered the surging condominium...
Texas / South Central News
Oklahoma Captive Insurance Program Achieves 31% Net Gain in 2023
Oklahoma's captive insurance program reported a 31% net gain in 2023, the Oklahoma...
Midwest News
Biden Approves Disaster Declaration for North Dakota December Ice Storm
BISMARCK, N.D. (AP) — President Joe Biden has approved North Dakota Gov. Doug...