New $20 Minimum Wage for Fast Food Workers in California Began Monday April 1, 2024 By Terry Chea and Adam Beam Most fast food workers in California will be paid at least $20 an hour began Monday, when a new law...
Viewpoint: The Impact of Climate-Driven Risk Reassessments on the Housing Market March 27, 2024 By Travis Hodges One of the most pressing challenges facing insurance professionals today is the escalating impact of extreme weather events in traditionally...
Utah Insurance Department Warns About Fake Shipping Coverage March 21, 2024 The Utah Insurance Department issued a warning about unlicensed companies and individuals offering coverage for damaged packages or packages stolen...
Viewpoint: Insurers, Insureds Must Collaborate to Get Ahead of Social Inflation March 14, 2024 By Tony Rai Executive Summary: Setting up mock jury trials, taking cases to trial and refraining from issuing “hammer” letters to lower-layer insurers...
Washington Commissioner Wants Insurers to Modify Claims Process for Wildfire Victims March 6, 2024 Washington Insurance Commissioner Mike Kreidler on Wednesday sent a letter to insurers urging them to consider loosening personal property claim...
Report Looks at Cumulative Trauma and Litigated Claims in California Workers’ Comp March 4, 2024 A California Workers’ Compensation Institute study shows nearly half of all litigated claims in the Los Angeles Basin are cumulative...
P&I Clubs Raise Renewal Prices to Keep Up With Claims Inflation: AM Best February 21, 2024 By L.S. Howard Protection and Indemnity (P&I) clubs sought further price improvements at the February 2024 renewals in order to keep up with...
Southern California Tops List of Wheel and Tire Claims for Second Straight Quarter February 16, 2024 Los Angeles and Orange County are number one of the top 20 list for a second consecutive quarter for 2023...
West Coast Insurers Warned of Billions in Losses Over Climate-Linked Investments February 6, 2024 A new report warns insurance companies could face billions of dollars in losses if they stay on the current course...
AccuWeather: Preliminary Damage and Loss from California Storms $9-$11B February 5, 2024 The preliminary total damage and economic loss from the intense storms and record rainfall in California this week will be...