Extreme Cold and Record Snowfall to Test Texas Power Grid January 21, 2025 By Brian K. Sullivan and Naureen S. Malik A cold blast gripping the US South threatens to bring record-breaking snowfall to New Orleans and Houston and a deep...
Insurtechs’ Approach to Wildfire Insurance: Part I – Delos January 21, 2025 By Allen Laman While the Los Angeles wildfires inch closer toward containment, estimates of insured losses continue to creep higher. CoreLogic said the...
North Carolina Settles on 15% Increase in HO Rates January 21, 2025 RALEIGH. N.C. (AP) — Base rates for North Carolina homeowners’ insurance premiums will increase on average by about 15% by...
Liberty Mutual, Great American Balk at $20M Claim on Fake Basquiat Artwork January 21, 2025 By Mike Schneider ORLANDO, Fla. (AP) — Two insurance companies have asked a court to block a $19.7 million claim by owners of...
Rainbow Gets $8M Series A Funding to Expand Small Business Offerings January 21, 2025 Rainbow, a digitally enabled managing general underwriter based in San Francisco, California, announced raising $8 million in Series A funding...
New Jersey Officials Cleared of Wrongdoing in Menendez Corruption Case January 21, 2025 By David Voreacos The New Jersey attorney general’s office cleared state law enforcement officials of wrongdoing in a corruption case involving former US...
Poll: Two-Thirds of Northwest Drivers Feel Comfortable Driving in Snow And Ice January 21, 2025 Many drivers feel ready to tackle Pacific Northwest winter weather. A poll shows 59% of Northwest drivers report feeling comfortable...
New York, New England Surplus Lines Insurance Groups Merge January 21, 2025 The Professional Insurance Wholesalers Association (PIWA) and the New England Surplus Lines Association have merged. The combined organization will operate...
World Insurance Associates Acquires Business Contractors Insurance in California January 21, 2025 World Insurance Associates LLC acquired the business of Business Contractors Insurance Services in Santee, California. BCIS was founded more than...
Moody’s RMS Adds to LA Fires Insured Loss Estimates With Range of $20B-$30B January 20, 2025 Moody’s RMS Event Response said insured losses for the January 2025 Los Angeles fires will likely fall in the $20...