Los Angeles County buses will soon be large, rolling warnings against workers’ compensation fraud. L.A. County District Attorney Nathan J. Hochman announced the launch of a countywide LA Metro bus advertisement campaign in which buses will bear warnings that lying …
AM Best has downgraded the Financial Strength Rating to B- (Fair) from B++ (Good) and the Long-Term Issuer Credit Rating to “bb-” (Fair) from “bbb+” (Good) of Texas-domiciled Cadence Indemnity Inc, a single parent captive of The Sullivan Brothers Family …
US President Donald Trump said he wanted to have no wind turbines built during his presidency, reiterating his distaste for the renewable energy source after his administration has made multiple moves to thwart its development. “I’m proudly telling you that …
Marsh Risk, a business of Marsh, announced the launch of BX1, a new Bermuda-domiciled insurance facility designed to provide US-based clients with an excess casualty insurance solution offering a unified block of $50 million capacity, placement certainty, and superior policy …
The cyber insurance market is experiencing a fascinating paradox. Small business owners are increasingly worried about AI. So much so that artificial intelligence has become the second biggest reason they’re buying cyber insurance. Yet these concerns aren’t actually shaking up …
Los Angeles and the U.S. Southwest are set for a second record heat wave in two weeks as temperatures soar, potentially straining electric grids, melting snowpack and raising health risks. Tuesday’s high in downtown Los Angeles is forecast to reach …
Construction is finished on a major Massachusetts offshore wind farm, the first project to reach this stage during President Donald Trump’s time in office. Offshore construction was completed Friday night on Vineyard Wind with the installation of the final blades, …
Greek shipowners and other companies are scanning their computer systems for evidence of cyberattacks after advice from the National Cybersecurity Authority, two sources said on Wednesday following incidents that have been linked to the Iran war. The authority last week …
In the town of Le Bourget outside Paris, Sofiane Milous, a candidate in France’s municipal elections, is vowing to reverse plans for a data center he says will intensify heat islands, worsen noise pollution and create few local jobs. The …
SiriusPoint Ltd., the Bermuda-based specialty underwriter, announced changes to its business structure as part of the next phase of the company’s evolution. SiriusPoint will now operate through four business areas, including three globally focused P&Ls: Global P&C Programs, Global Reinsurance, …