Mississippi Capital City Without Running Water After Floods Worsen Pump Problems August 31, 2022 In Mississippi’s capital, thousands of residents have no running water, after river flooding contributed to longstanding problems at the city’s...
SEC Charges Lindberg Misappropriated $75M from His Insurance Companies August 31, 2022 By Staff and Wire Reports One day after a judge set a new trial date for former Carolina insurance executive Greg Lindberg’s bribery case, the...
Oregon Wildfire Threatening over 7,000 Structures August 31, 2022 The Rum Creek Fire in remote southwest Oregon has burned nearly 18.75 square miles is threatening thousands of homes and...
Commercial Auto Insurtech Fairmatic Raises $42M August 31, 2022 Insurtech Fairmatic, founded by Jonathan Matus, a former Android and Facebook mobile executive, announced a $42 million Series A funding...
California Lawmakers Pass Landmark Fast Food Workers Bill August 31, 2022 By Don Thompson California lawmakers this week approved a nation-leading measure that would give more than a half-million fast food workers more power...
Washington Judge Enters Order on Washington Insurance Commissioner’s Credit Scoring Ban August 31, 2022 Judge Indu Thomas entered the final order declaring that Insurance Commissioner Mike Kreidler exceeded his authority when he issued a...
Florida Judge Dismisses Contractors’ Challenge to SB 2D’s Attorney Fee Limits August 31, 2022 By Insurance Journal Staff Reports A Florida judge has thrown out a constitutional challenge to an insurance litigation reform law, noting that the state officials...
Breaking Down Inflation’s $30B Impact on Insurers Line By Line August 31, 2022 By Susanne Sclafane Experts at McKinsey & Company estimate that inflation pushed loss costs for property/casualty insurers up roughly $30 billion last year,...
Hilb Group Acquires Cook & Co. in Massachusetts August 31, 2022 Insurance broker The Hilb Group reports it has acquired Massachusetts-based Cook & Company Insurance Services in Hanover. Cook & Co....
Insurtech Accelerant Launches $175M Sidecar Investment Vehicle Flywheel Re August 31, 2022 Accelerant, an insurtech platform that aims to provide underwriters with risk exchange, data analytics and long-term capacity commitments, announced a...