Push to Lower Wildfire Risk Across West Stumbles in Places July 17, 2023 By Matthew Brown Using chainsaws, heavy machinery and controlled burns, the Biden administration is trying to turn the tide on worsening wildfires in...
Construction-Defect Subrogation on the Rise But it Just Became More Difficult in Florida July 17, 2023 Florida lawmakers this year approved a law that could help reduce liability insurance premiums for home and condo builders –...
California Workers’ Comp Insurer Combined Losses and Expenses in 2022 Were $15B July 17, 2023 The Workers’ Compensation Insurance Rating Bureau of California released its report on workers’ compensation losses and expenses for 2022. Key...
Sublimit Left Out of Policy, But Liberty Mutual Firm Avoids Huge Payout Anyway July 17, 2023 What happens when an insurance carrier, its underwriter, a broker and the insured all forget to make sure a sublimit...
California Sits Far Atop National EV Policy Scorecard List July 17, 2023 California ranked first in strengthening policies to enable widespread use of electric cars, trucks, and buses, according to a national...
Louisiana Pharmacy Fined $275K for Controlled Substances Act Violations July 17, 2023 A Port Allen, Louisiana pharmacy and its owner must pay $275,000 to resolve a federal civil lawsuit under the Controlled...
More Than 17 Million Properties Face Substantial Flood Risk: Study July 17, 2023 By Ezra Amacher More than half of the U.S. population resides in a county that is likely to experience stormwater system failure due...
Why the Investor-Driven Hard Reinsurance Market Will Persist July 17, 2023 By Susanne Sclafane Reinsurers will continue to command adequate rates for property-catastrophe in 2024, even if the market comes through hurricane season unscathed,...
Climate Change Leads to ‘Arctic Opening,’ Creating Key Emerging Risk: Swiss Re July 17, 2023 By L.S. Howard Climate change is the cause of a key emerging risk identified by Swiss Re’s SONAR report, which is leading to...
‘Better Late Than Never?’ Not So Fast. July 17, 2023 By Bill Wilson A general contractor hired a company to place a dumpster at a job site. However, the company put the dumpster...