Insured Losses From Natural Catastrophes Set to Top $100 Billion for 3rd Year in a Row August 22, 2023 By Tom Metcalf and Marion Halftermeyer Claims for weather-related incidents are set to exceed $100 billion for the third year in a row, as floods, hail...
Texas Pipe Company Faces Department of Labor Lawsuit for Violating Whistleblower Protections August 22, 2023 A Department of Labor lawsuit claims a Tyler, Texas pipe manufacturer violated federal whistleblower protections after the company fired an...
Florida OIR Tells Citizens to Rethink Maximum Rate Increase on HO Policies August 22, 2023 By Insurance Journal Staff Reports When Citizens Property Insurance Corp. in June filed for the maximum rate increases allowed by its statutory glidepath, many in...
Wright Flood to Launch Residential, Private Flood Insurance Option in 5 States August 22, 2023 Wright National Flood Insurance Services introduced FocusFlood, the company’s newest product and an extension of its popular ResiFlood program, into...
New Texas Law Allows for Variable Speed Limits to Enhance Road Safety in Inclement Weather August 22, 2023 By Noah Alcala Bach On an icy February morning in 2021, slippery roads and limited visibility prompted a chain reaction of crashing cars on...
Japan to Release Water Into Sea From Fukushima Nuclear Power Plant on Aug. 24 August 22, 2023 By Sakura Murakami and Tom Bateman Japan said on Tuesday it will start releasing into the sea more than 1 million metric tons of treated radioactive...
FAA Holding Runway Safety Meetings After Close Call Incidents August 22, 2023 By David Shepardson The U.S. Federal Aviation Administration said on Tuesday it will hold runway safety meetings at 90 airports over the next...
People Moves: AXA XL Names Hopkinson Canada Country Mgr; BHSI Promotes Leandri for Risk Control; Coalition Taps MS Amlin’s Wynne Davies as UK Special Projects Lead August 22, 2023 This edition of International People Moves details appointments at AXA XL, Berkshire Hathaway Specialty Insurance (BHSI), and the cyber insurer...
Third Child Dies Following House Fire in North Carolina August 22, 2023 CONCORD, N.C. (AP) — A third child has died following a weekend house fire in North Carolina, officials said. Fire-fighting...
Russia’s Flagship Oil Rises Above G-7 Sanctions Cap, but Does Little to Impede Services August 22, 2023 By Alex Longley The price of Russia’s flagship oil may have jumped above a Group of Seven imposed cap but that has done...