Washington state Insurance Commissioner Mike Kreidler issued an emergency order requiring all property/casualty insurers to provide additional protections for policyholders impacted by the Gray and Oregon Road fires. The emergency order was made possible by Gov. Jay Inslee’s emergency declaration. …
Uber raised the minimum age requirement for most of its new drivers in California to 25 on Thursday under rules the company said are necessary because of the rising costs of commercial auto insurance in the state. The new rule …
Growing extreme-weather risks mean President Joe Biden’s expected request for billions in extra disaster-relief funding might not be enough for the next fiscal year, FEMA head Deanne Criswell said. Biden’s roughly $12 billion request would cover the spending year ending …
Tysers, the London-based insurance broker and subsidiary of AUB Group, announced that CEO Clive Buesnel is stepping down at the end of August. As CEO since June 2020, Buesnel managed the company through its acquisition by AUB, a deal that …
The New York Knicks sued the Toronto Raptors, claiming a former Knicks employee stole scouting reports and other proprietary information after getting a job offer at the rival National Basketball Association team. The Knicks filed suit Monday against the Raptors, …
Despite extremely challenging conditions, with persistent and elevated claims activity, the global reinsurance segment returned an underwriting profit in 2022, according to AM Best. “Reinsurers generally have realigned their risk profiles and are in a strong position to generate the …
The price of Russia’s flagship oil may have jumped above a Group of Seven imposed cap but that has done little to impede the provision of western services for the trade. The number of ships calling at the nation’s ports …
CONCORD, N.C. (AP) — A third child has died following a weekend house fire in North Carolina, officials said. Fire-fighting crews were dispatched to a one-story public housing duplex in Concord, northeast of Charlotte, shortly after 1:00 a.m. Sunday. Firefighters …
This edition of International People Moves details appointments at AXA XL, Berkshire Hathaway Specialty Insurance, and the cyber insurer Coalition. AXA XL Names Hopkinson as Canada Country Manager AXA XL announced the appointment of Glen Hopkinson as the new country …
The U.S. Federal Aviation Administration said on Tuesday it will hold runway safety meetings at 90 airports over the next few weeks after a series of troubling close-call aviation incidents. Earlier this month, the FAA and National Transportation Safety Board …