Property insurers in Alabama will no longer be able to cancel or non-renew policies because of natural disasters or because of losses that don’t affect that line of business, the Alabama Department of Insurance announced […]
After three consecutive accident years with relatively stable loss ratios, the projected loss and allocated loss adjustment expense ratio for accident year 2024 rose by 9 points and the combined ratio for accident year 2024 […]
Mike Lambert heard fewer illegal fireworks exploding in his suburban Honolulu neighborhood in the months after a chain of blasts at a house party last New Year’s Eve led to the deaths of six people, […]
NORFOLK, Va—The developers of a Virginia offshore wind project are asking a federal judge to block a Trump administration order that halted construction of their project, along with four others, over national security concerns. Dominion […]
Erie Insurance (ERIE), headquartered in Erie, Pennsylvania, named Todd Morrison and Chad Ackerman as branch managers for the company’s Roanoke and Richmond, Virginia, branches. Morrison, Roanoke branch manager, has 15 years of ERIE experience, most […]
For Sue Minter, Vermont’s newly appointed climate superfund specialist, the floods started early. Back in 2011, when Tropical Storm Irene thrashed Vermont, Minter — serving as the state’s deputy secretary of transportation — helped rebuild […]
New laws affecting California drivers set to go into effect on Jan. 1, 2026, include stricter laws for drunk driving, speeding in school zones and automated traffic camera enforcement. The California Department of Motor Vehicles […]
Cars from companies like Tesla already promise hands-free driving, but recent crashes show that today’s self-driving systems can still struggle in risky, fast-changing situations.This post was originally published on this site
QBE Insurance Group announced it has closed a new catastrophe bond, which provides the re/insurer with $400 million of collateralized reinsurance cover for named storms and earthquakes in the US and earthquakes in Australia and […]
The Trump administration has launched investigations into the use of diversity initiatives in hiring and promotion at major U.S. companies, the Wall Street Journal reported. Google and Verizon are among a list of companies that […]
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