New Models Aim to Better Predict Storm Surge, Insured Losses From Hurricanes June 2, 2023 By Insurance Journal Staff Reports Two new hurricane forecast models promise to help property owners and insurers better predict the losses from storms that may...
Climate Change, Wildfire Risk and State Farm’s California Decision June 1, 2023 By Don Jergler Several reasons were given within State Farm’s announcement last week the carrier was no longer writing new personal or business...
About 33 Million U.S. Homes at Risk of Hurricane-Force Winds: CoreLogic June 1, 2023 According to an analysis by CoreLogic, about 33 million U.S. homes with a combined reconstruction cost value of $11.6 trillion...
Former Wells Fargo Exec Settles SEC Fraud Charges, to Pay $3M June 1, 2023 The former head of Wells Fargo & Co’s WFC.N retail bank agreed to pay a $3 million penalty to settle...
Ransomware Attack on Bioscience Firm Exposes Clinical Test Data on 2.5M People June 1, 2023 The New York-based biotech and life sciences company Enzo Biochem reported it was hit by a ransomware attack on April...
Markets/Coverages: W. R. Berkley Corporation Forms Berkley Specialty Excess June 1, 2023 W. R. Berkley Corporation said it has formed Berkley Specialty Excess to offer excess liability coverages in specialized markets, with...
Amazon to Pay $30.8 Million to Settle FTC Privacy Claims Over Ring Doorbell June 1, 2023 By Leah Nylen and Andrea Vittorio Amazon.com Inc. agreed to pay $30.8 million to resolve two cases brought by the Federal Trade Commission related to privacy...
Sick Restaurant Workers Linked to 4 in 10 Food Illness Outbreaks June 1, 2023 By Ilena Peng Sick restaurant and food-store workers were linked to four in 10 US foodborne disease outbreaks in recent years, yet few...
Amazon Employees Walk Out to Protest Climate, Return-To-Work Policies June 1, 2023 By Matt Day and Spencer Soper A few hundred Amazon.com Inc. employees walked off the job Wednesday to protest the company’s return-to-work policies, impact on the...
People Moves: Conning Announces New Head of North America, Other Key Promotions June 1, 2023 Conning Announces New Head of North America and Other Key Promotions Conning has named Matt Daly, head of the corporate...