Analysts with the AM Best financial rating firm and other stakeholders are cautiously optimistic about the resurrection of the Florida property insurance market, 18 months after state lawmakers approved monumental litigation reforms. That was the sentiment gleaned from a Thursday …
A Washington wage complaint investigation resulted in The Boeing Co. paying $11.5 million in unpaid wages to nearly 500 workers. The Washington State Department of Labor & Industries reports receiving four complaints in November 2022 from workers who were performing …
The Equal Employment Opportunity Commission (EEOC) is pursuing a case against an employer the agency says fired a new employee for not disclosing her low vision disability in her job interview. The Americans with Disabilities Act (ADA) prohibits employers from …
A Connecticut Appeals Court has affirmed that an insurer is not obligated to provide actual notice of a home insurance nonrenewal; proof that the insurer sent the notice by registered or certified mail is sufficient. The homeowners claimed they never …
Researchers at Johns Hopkins University in Baltimore are assessing the country’s bridges to determine the likelihood of another disaster like the one that collapsed the Francis Scott Key Bridge. The team includes students and faculty members and will focus on …
Mark Pastorius joined Alliant Insurance Services as executive vice president, managing director within Alliant Specialty. Pastorius’ insurance career spans more than 37 years. Before joining Alliant, Pastorius was an executive vice president and managing director at Lockton Companies where he …
Dozens of Oregon wineries and vineyards have sued PacifiCorp over the deadly 2020 wildfires that ravaged the state, alleging that the utility’s decision to not turn off power during the Labor Day windstorm contributed to blazes whose smoke and soot …
Rising liability injury claims for home and auto owners that exceed traditional policy limits have spurred Mercury Insurance, headquartered in Los Angeles, to unveil an all-new personal umbrella insurance policy for Oklahomans that offers extra protection with bolstered coverages beginning …
Miller, the London-based specialist re/insurance broker, announced the acquisition of Madrid-based commercial insurance and reinsurance broker Bruzon Correduría de Seguros y Reaseguros S.A. and its subsidiary Bruzon Services S.A., subject to regulatory approval. Financial details of the deal, which is …
The FBI said it has dismantled what is likely the world’s largest botnet — an army of 19 million infected computers — that was leased to hackers for cybercrimes. The botnet, which was spread across more than 190 countries, enabled …
