Bamboo Insurance Targets $3.24 Billion Valuation in IPO September 14, 2026 By Pragyan Kalita and Pritam Biswas CVC-backed Bamboo Insurance Services is targeting a valuation of up to $3.24 billion on a fully diluted basis in its...
Viewpoint: What Liability Trends in California Mean for the Rest of the Country September 14, 2026 For claims executives and insurance company leaders, one jurisdiction consistently demands disproportionate attention: California. The Golden State has long functioned...
Arizona Accuses L’Oreal of Concealing Cancer Risks Linked to Hair Relaxers September 14, 2026 By Diana Novak Jones Arizona has sued L’Oreal SA and its U.S. subsidiary, alleging the cosmetics company hid evidence that its hair relaxer products...
Northern California Braces for Power Shutoffs Amid Fire Risk September 11, 2026 By Naureen S. Malik and Lauren Rosenthal Nearly a dozen counties in Northern California face an elevated risk of power shutoffs this weekend as extreme heat and...
People Moves: Burns & Wilcox Adds New West Coast Associate Managing Directors September 11, 2026 Burns & Wilcox, headquartered in Famington Hills, Michigan, hired Winston Rendall and Sandra Shambaugh as associate managing directors for the...
Oregon Proposes 2.1% Increase in Pure Premium Workers’ Comp Rates for 2027 September 10, 2026 Oregon employers will pay 92 cents per $100 of payroll for workers’ compensation coverage on average in 2027, a rate...
Viewpoint: After 3 Years of Retreat, Insurance Capacity Is Returning to California September 10, 2026 By Attila Toth For the first time in three years, capacity is returning to the California homeowners insurance market. The clearest evidence is...
Intense Los Angeles Heat to Send State’s Power Demand Soaring September 9, 2026 By Brian K. Sullivan and Naureen S. Malik California faces a short but sharp rise in temperatures that will boost electricity demand as unusually warm nights offer little...
Insured Loss Estimates Top $600M From Washington Fires, Testing New Commissioner September 8, 2026 By Don Jergler The wildfires that plagued Washington for nearly half the summer put new Insurance Commissioner Patty Kuderer and her office to...
Hurricane Lowell Brings Heavy Rains as It Passes West of Hawaii September 8, 2026 By Brian K. Sullivan Hurricane Lowell passed west of Hawaii, where heavy rains may cause hundreds of millions of dollars of damage. Lowell, with...