Texas Lawmakers Fault Xcel Power Pole in State’s Largest Fire May 2, 2024 By Mark Chediak The worst wildfire in Texas history was sparked by a power pole and lines owned by Xcel Energy Inc. that...
Missouri Supreme Court Strikes Down 2022 Vote on KC Police Funding May 2, 2024 The Missouri Supreme Court on Tuesday took the unusual step of striking down a 2022 voter-approved constitutional amendment that required...
1 Person Killed, Homes Destroyed After Tornado Rips NE Kansas May 2, 2024 WESTMORELAND, Kan. (AP) — One person died Tuesday when a tornado ripped through the small city of Westmoreland in northeastern...
Climate Change Concern About to Removed from Florida Energy Law May 2, 2024 TALLAHASSEE, Fla. (AP) — Florida, perhaps the most vulnerable state to sea-level rise and extreme weather, is on the verge...
Insurer Chubb Readies $350M Payout Tied to Baltimore Bridge Collapse May 2, 2024 Chubb, which had insured Baltimore’s Francis Scott Key Bridge, is getting ready to pay $350 million to the state of...
Markets/Coverages: Resilience Announces New Cyber Loss Prevention Tools; Amwins Forms New Transportation Entity; Aon Launches Suite of Risk Analyzer Tools May 2, 2024 Resilience announced new integrated capabilities that enable enterprises to continuously monitor and prioritize their mitigation and transfer of cyber risk....
Newark Wants Cargo Ship Firefighters’ Deaths Handled Under Workers’ Compensation May 2, 2024 By Andrew G. Simpson The city of Newark is asking a federal court to dismiss negligence and wrongful death claims against it by the...
Lloyd’s Insurers Don’t Expect Large Claims From Baltimore Bridge Collapse May 2, 2024 Lloyd’s of London insurers Hiscox and Lancashire do not expect large insurance claims from the collapse of Baltimore’s Francis Scott...
People Moves: Canopius Hires CUO and CFO in Bermuda From Validus and AXA XL; MS Amlin Taps HDI’s Healy as Head of Property & Crisis Management Claims May 2, 2024 This edition of International People Moves details appointments at global specialty re/insurers Canopius and MS Amlin. A summary of these...
MS Reinsurance Gets Ratings Upgrades From AM Best and S&P May 2, 2024 MS Reinsurance, the reinsurance subsidiary of MS&AD Insurance Group Holdings, has received rating upgrades from AM Best and S&P Global...