California Weather Calms But Storm Damage Seen as Extensive January 18, 2023 By John Antczak California’s weather was calmer this week after weeks of atmospheric rivers that slammed the state with damaging rains, wind and...
Leader Bank in Massachusetts Launches Insurance Agency January 18, 2023 Leader Bank in Massachusetts reports it has launched a subsidiary, Leader Insurance, to provide property, auto, and umbrella insurance to...
Pennsylvania Gov. Shapiro Wants Humphreys to Remain as Insurance Commissioner January 18, 2023 Newly sworn-in Pennsylvania Gov. Josh Shapiro is assembling his team and has selected Mike Humphreys to be the state’s insurance...
AM Best Downgrades California Earthquake Authority Credit Ratings January 18, 2023 AM Best downgraded the Financial Strength Rating (FSR) to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating...
FTX Reports $415M in Hacked Crypto, Bankman-Fried Says FTX U.S. Is Solvent January 18, 2023 By Dietrich Knauth Bankrupt crypto exchange FTX said in a report to creditors on Tuesday that about $415 million in cryptocurrency had been...
Arizona Father Seeking Answers After Son Dies in State Care January 18, 2023 By Felicia Fonseca Richard Blodgett, a single father, was jailed on a drug charge when a worker from Arizona’s child welfare agency delivered...
Heritage Insurance Authorizes Another Stock Repurchase Plan After Downgrade, Losses January 18, 2023 By Insurance Journal Staff Reports The board of directors for Tampa-based Heritage Insurance Holdings has authorized the repurchase of $10 million in shares from stockholders,...
California Lawsuit Filed over Oil And Gas Drilling Ban January 18, 2023 An oil company sued the city of Los Angeles over its recent law to ban the drilling of new oil...
Washington Bill Would Force Period Tracking Apps to Follow Privacy Laws January 18, 2023 When the Supreme Court last June stripped away constitutional protections for abortion, concerns grew over the use of period tracking...
Costco Must Face Lawsuit Over ‘Dolphin Safe’ Tuna Claim January 18, 2023 By Jonathan Stempel A U.S. judge on Tuesday said Costco Wholesale Corp. must face a lawsuit claiming it falsely advertises and labels its...