FEMA to Borrow $2 Billion to Pay Flood Claims After Hurricanes Helene and Milton March 10, 2025 By Chad Hemenway The Federal Emergency Management Agency said in February that it needs to borrow $2 billion from the U.S. Treasury to...
Small, Medium-Sized Firms Lacking in ‘Continuity’ Planning: Survey March 10, 2025 Mid- and small-market businesses (SMBs) face a lot of the same big-picture challenges, but how they prioritize risk, spending, and...
Washington Bill Would Provide Restitution for Policyholders Harmed by Insurers March 10, 2025 A bill to allow the Washington’s insurance commissioner to order restitution for policyholders harmed by insurance companies moved out of...
Court Rules Against Michigan Gardener Whose Organic Lawn Was Destroyed March 10, 2025 A Michigan court struck down a large chunk of an $88,550 verdict for a Detroit-area organic gardener whose beloved clover...
AM Best Revises Outlooks to Negative for Mercury and Subsidiaries Over LA Wildfires March 10, 2025 AM Best revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A (Excellent) and the...
Ex-Ohio Police Officer Sentenced for Starting Arson Fires March 10, 2025 A former Ohio fire department administrator and police officer was sentenced in federal court here to 18 months in prison...
Texas PR Specialist Sues Blake Lively for Defamation March 10, 2025 By Andrew Dalton A Texas crisis communications specialist has sued Blake Lively for defamation after the actor pulled him into her legal fight...
AM Best Revises Outlook to Negative for Michigan’s Hastings March 10, 2025 AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed...
A Binder is Binding Enough, Alabama Supreme Court Says in Win for Arbitration Clauses March 10, 2025 Is a binder binding, even if the property owner never received the insurance policy? Yes, it is, the Alabama Supreme...
New York Fines Three Dozen Auto Insurers $20M for Slow Reporting on Policies. Insurers Say There’s More to the Story March 10, 2025 The New York State Department of Financial Services in February issued more than $20 million in fines against three dozen...