Insured Losses From N. Zealand Floods Estimated at US$1.02B, With Profit Hit Expected March 15, 2023 By L.S. Howard The initial insured losses for the recent floods in the North Island of New Zealand are estimated at NZ$1.65 billion...
Green Groups Sue Biden Admin Over Approval of Alaska Willow Oil Project March 15, 2023 By Timothy Gardner Six environmental groups filed a lawsuit on Tuesday over the Biden administration’s approval of ConocoPhillips’ Willow oil and gas project...
Government’s SVB Intervention Saved Insurers From Significant D&O Claims March 15, 2023 By Chad Hemenway Had the federal government not stepped in to make Silicon Valley Bank (SVB) depositors whole, providers of directors and officers...
California Court Rules for Uber, Lyft in Ridesharing Case March 15, 2023 By Adam Beam App-based ride hailing and delivery companies like Uber and Lyft can continue to treat their California drivers as independent contractors,...
Federal Appeals Court Reverses, Allows $5M Bad Faith Claim vs. USAA to Proceed March 15, 2023 By Jim Sams The poorly executed handoff of a claims file from a retiring claims adjuster to his replacement may have made USAA...
Three Killed in Georgia House Fire as Propane Tanks Explode March 15, 2023 Three people were killed in a house fire as multiple propane tanks exploded, officials said. ”Explosions were going off inside...
Georgia Senate Gives Final Approval to School Safety Bill March 15, 2023 The Georgia Senate gave final approval Monday to a school safety bill pushed by Gov. Brian Kemp that includes annual...
Ringleader Pleads Guilty to Scheme Using Stolen IDs to Buy Vehicles March 15, 2023 A Massachusetts man described by authorities as the ringleader of a group that used stolen identities to buy multiple vehicles...
China’s Ping An Insurance Reports 17.6% Drop in 2022 Profit March 15, 2023 Ping An Insurance Group Co. of China Ltd., China’s largest insurer by market value, reported a 17.6% drop in its...
Maine Lobster Industry Files Defamation Suit Over California Aquarium’s Whale Warning March 15, 2023 By Patrick Whittle A coalition representing the Maine lobster industry is suing an aquarium on the other side of the country for recommending...