Dean Cameron, director of the Idaho Department of Insurance, has been elected secretary-treasurer of the National Association of Insurance Commissioners. Cameron is the first Idaho Insurance Commissioner ever elected to NAIC leadership. He and his fellow NAIC leaders, elected at …
State Farm, Allstate and USAA have the lion’s share of exposure from the magnitude 7.0 earthquake that struck Alaska on Nov. 30, according to a Morgan Stanley Research brief put out on Monday. The epicenter was roughly 7 miles north …
A class-action lawsuit has been filed against the maker of potato chips sold under the brand name Hawaiian, claiming the chips made in Washington state are misleading customers. The Honolulu Star-Advertiser reported Michael Maeda of Honolulu and Iliana Sanchez of …
Forecasters have issued warnings of potential avalanches across the Rocky Mountains as early winter snows and ongoing storms bring on the risk of fatal accidents. Dangerous conditions were highlighted by officials over the weekend across much of Colorado, in northwest …
A powerful earthquake jolted southern Alaska on Friday morning, buckling roads, disrupting rush-hour traffic and jamming telephone service in and around Anchorage, the state’s largest city, but there were no reports of serious injuries. The 7.0 magnitude quake struck about …
California regulators moved Friday to take over an insurance company that can’t pay out all claims following a massive wildfire that destroyed more than 13,000 homes. Merced Property & Casualty Company was pushed to insolvency by the fire that sparked …
Catastrophe risk modeling firm AIR Worldwide on Friday said it estimates that insured losses from the Woolsey Fire in Southern California will be at least $2.5 billion. Moody’s on Thursday released estimates showing property/casualty insurers and reinsurers total insured losses …
A jury has awarded $34 million in damages to 51 current and former residents of a Southern California mobile home park they say is rife with problems including sinkholes, sewage backups and rats. The Los Angeles Times reported the damages …
No money was paid and no information was lost during a ransomware cyberattack that exploited a cloud-based vulnerability in the Colorado Department of Transportation’s computer network last spring, officials said. CDOT was one of several government agencies across the country …
California’s top utilities regulator on Thursday ordered the embattled power utility Pacific Gas and Electric Co. to implement safety recommendations the agency’s staff outlined in an independent third-party report. The move by the California Public Utilities Commission comes as it …
