Insurance News from January 10, 2025
National News
Update: Re/Insurer Losses From LA Wildfires Expected to Be Significant but Manageable
Insurers are facing significant losses from the catastrophic Los Angeles wildfires --...
International & Reinsurance News
Update: Hottest Year Ever Sees World Breach 1.5C Global Warming Target
Earth's warming exceeded 1.5C on an annual basis for the first time in 2024, according...
East News
Insurer Upheld in Declining to Defend Employer Against Injured Worker’s Lawsuit
The New Jersey Supreme Court recently ruled that an insurer had no duty to defend an...
West News
Edison Denies LA Wildfire Involvement as Insurers Ask It to Preserve Evidence
Southern California Edison said on Thursday it had received notices from insurance...
Southeast News
Collateral Agreement Didn’t Mention Tort Claims, Cutting SUNZ Out of BP Funds
If insurance carriers want dibs on a company's assets as premium security or...
Texas / South Central News
Winter Storm Sweeps US South, Grounding More Than 2,000 Flights
A powerful winter storm sweeping the US South has grounded more than 2,000 flights,...
Midwest News
Winter Weather Wallops US Farmers
A nasty dose of winter weather has pummeled much of the U.S. from Kansas to the East...