Nowhere in America Is Safe From Climate-Fueled Storms and Fires October 4, 2024 By Lauren Rosenthal and Brian K. Sullivan Forecasters had warned for days that Hurricane Helene was likely to cause widespread devastation. But when the powerful storm struck...
People Moves: Gillard Named President of AM Best Rating Services, Succeeding Mosher October 3, 2024 AM Best, headquartered in Oldwick, New Jersey, named James A. Gillard Jr. as president of A.M. Best Rating Services, Inc.,...
American Dams Weren’t Built for Today’s Climate-Charged Rain and Floods October 3, 2024 By Kendra Pierre-Louis and Leslie Kaufman As flooding hammered Appalachia in the aftermath of Hurricane Helene, residents became intimately familiar with a new norm in the...
Biden Says Prolonged Port Strike Would Be ‘Man-Made Disaster’ October 3, 2024 By Laura Curtis and Josh Wingrove President Joe Biden ratcheted up pressure on US port employers and shipping lines to restart talks with striking dock workers,...
Hybrid Jeep Owners Should Park Outside Pending Recall Fix, NHTSA Says October 3, 2024 By David Shepardson The U.S. National Highway Traffic Safety Administration said owners of 154,000 Jeep plug-in hybrid electric SUVs should park outside and...
Amazon Hit With US Labor Board Complaint Over ‘Joint Employment’ of Drivers October 3, 2024 By Daniel Wiessner Amazon.com has been accused by a U.S. labor board of illegally refusing to bargain with a union representing drivers employed...
Modeler KCC Puts Privately Insured Losses at $6.4B From Helene October 3, 2024 By William Rabb and Chad Hemenway Karen Clark & Co., the well-regarded storm modeling and analytics firm, estimated that privately insured losses from Hurricane Helene will...
Agent Satisfaction With Insurers Holds Strong; Erie Tops for Personal Lines October 2, 2024 Overall agent satisfaction with insurers of both personal lines and commercial lines has held strong despite a challenging underwriting environment,...
Dellwood Insurance Says AIG’s ‘Ginned-Up Claims’ Must Be Dismissed October 2, 2024 By Chad Hemenway The legal squabble between American International Group (AIG) and a startup-up formed by some former employees continued this week with...
Viewpoint: Strike’s Duration Will Determine Impact on P/C Insurance Industry October 2, 2024 By Michel Leonard The International Longshoremen’s Association (ILA) went on strike on Tuesday, Oct 1. The strike is expected to affect more than...