New York AG Tells Court Opioid Crisis Damage ‘Dwarfs’ Drugmakers’ Resources October 8, 2019 By Erik Larson The public cost of coping with the opioid crisis in the U.S. “dwarfs” the combined resources of the companies sued...
Red Tide Returns to Florida’s Southwest Coast October 8, 2019 Scientists say toxic red tide is back in the waters off the Florida southwest coast after fading away earlier this...
Federal Disaster Declaration for North Carolina Counties Hit by Dorian October 8, 2019 President Donald Trump has approved a request from North Carolina Gov. Roy Cooper for public assistance for 14 counties affected...
State Finds Florida Specialty Insurance Insolvent; 90K Homeowners Lose Coverage October 7, 2019 By Amy O'Connor Florida personal lines insurer Florida Specialty Insurance Co. (FSIC) has been ordered into receivership and will be liquidated after state...
Man Sentenced to 2 Years for $250K Insurance Fraud Scheme in California October 7, 2019 Kenneth X. Huang, 41, was sentenced last week to two years in federal prison, three years supervised release, and ordered...
Hub Acquires Assets of California-Based LBE Insurance Services October 7, 2019 HUB International Ltd. has acquired the assets of Chatsworth, Calif.-based LBA Insurance Services Inc. Lior Avishay, president of LBA, and...
Report: Alabama Hospitals Pay Hackers in Ransomware Attack October 7, 2019 An Alabama hospital system that quit accepting new patients after a ransomware attack said Saturday it had gotten a key...
Comments Sought on Proposed Claim Rules for Texas Windstorm Insurer October 7, 2019 Texas insurance regulators are seeking input on proposed changes to claims-related rules for the state’s property insurer of last resort...
Insurers Named as Defendants in Challenge to Michigan Auto Insurance Law October 7, 2019 By David Eggert Crash victims and a brain-injury rehabilitation facility challenged Michigan’s new auto insurance law on Oct. 3, contending that pending limits...
Corvus Increases Cyber Risk Policy Limits for Insureds Utilizing Security Services October 7, 2019 Corvus Insurance, a provider of AI-driven commercial insurance, has updated its cyber underwriting model to reward highly protected organizations with...