Insurance News from May 13, 2024
National News
Catastrophe Bonds Use Models Underestimating Climate Risks, Investors Say
The risk models that helped drive one of the most lucrative bets of 2023 are...
International & Reinsurance News
Russia Court Suspends Corporate Rights of Alfa Bank Entities, Including Insurance Arm
A Russian court on Monday suspended the corporate rights of the Cyprus-registered...
East News
Massachusetts Faces Off Against Uber, Lyft in Trial Over Status of Gig Workers
Uber Technologies and Lyft are set to face trial on Monday in a U.S. lawsuit by...
West News
Washington AG Says Catholic Church Stonewalling Sex Abuse Investigation
The Catholic church is refusing to cooperate with a Washington state investigation into...
Southeast News
Florida OIR Fines Heritage P&C $1M for Ian Claims Issues
The Florida Office of Insurance Regulation in recent weeks has fined five property and...
Texas / South Central News
Decayed, Broken Utility Pole Caused Largest Wildfire in Texas History: Report
LUBBOCK — A decayed utility pole that broke, causing power wires to fall on dry grass...
Midwest News
US States Warned of Unhealthy Air From Wildfires: Weather Watch
Air quality has turned unhealthy for parts of the Upper Midwest in the US, including...