A Florida judge temporarily halted Florida’s Citizens Property Insurance Corp. from sending claims disputes to a state arbitration agency, but a notice of appeal by Citizens automatically suspended the judge’s order. Hillsborough County Circuit Judge […]
Insurtech Lemonade reported a second quarter 2025 net loss of about $44 million compared with a loss of $57.2 million a year ago during the same time. Though still a loss, it was a 23% […]
A wildfire in California that covers two counties, and prompted evacuation orders and threatened hundreds of structures, has grown to 72,460 acres. The fire is threatening more than 870 structures, according to CalFire. At least […]
This edition of International People Moves details appointments at Berkley Re UK and Aon. A summary of these new hires follows here. Berkley Re UK Names Ashley as President, Succeeding Himmer at Year-End W. R. […]
Rotten wood and poor inspections appear to have played roles in the collapse of the mast of a historic Maine schooner in an accident that killed one person and injured several others, the U.S. Coast […]
Private Equity Firm J.C. Flowers Acquires Italian Insurance Broker Caleas J.C. Flowers & Co. (JCF), a private equity investment firm that focuses on financial services investments, announced that investment vehicles affiliated with JCF — JCF […]
Two lawsuits have been filed over the tragic fire at a Fall River, Massachusetts assisted living facility that took the lives of 10 residents and injured 30 others on July 13, making it the state’s […]
Hong Kong set a rainfall record for August after violent storms lashed the city on Tuesday, leading to flight delays and commuter chaos. About 356 millimeters (14 inches) of precipitation was recorded at the Hong […]
Aircraft lessor Air Lease Corp. reported a rise in second-quarter profit and revenue on Monday, due to a $344 million insurance claim settlement plus robust aircraft rental demand. Aircraft lessors have benefited from strong lease […]
A federal judge dismissed a defamation lawsuit by Devin Nunes, the former California congressman and now chief executive of Trump Media and Technology Group, against NBCUniversal over a comment by Rachel Maddow about his dealings […]
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