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21 01, 2026

Japan’s TEPCO Restarts Nuclear Reactor for First Time Since Fukushima Disaster in 2011

By | January 21st, 2026|Uncategorized|Comments Off on Japan’s TEPCO Restarts Nuclear Reactor for First Time Since Fukushima Disaster in 2011

Tokyo Electric Power Co. (TEPCO) Wednesday restarted a reactor at the Kashiwazaki-Kariwa nuclear power plant after inspections were completed, its first such move since the Fukushima disaster in 2011. TEPCO put online the 1.36 gigawatt (GW) reactor No. 6, one …

21 01, 2026

Insurtech Lemonade Starts Autonomous Car Product With Tesla’s Data

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Insurtech Lemonade said it has launched Lemonade Autonomous Car insurance, and will begin with a technical collaboration with Tesla that gives the insurer access to vehicle data. For starters, Lemonade said the new offering cuts per-mile rates for Tesla’s full …

21 01, 2026

Trucordia Continues Expansion With Acquisition of Florida Insurance Inc.

By | January 21st, 2026|Uncategorized|Comments Off on Trucordia Continues Expansion With Acquisition of Florida Insurance Inc.

Trucordia, ranking in the top 20 largest U.S. insurance brokerages, has again expanded its reach, this time with the acquisition of Florida Insurance Inc. in Dunedin, near Tampa. Trucordia, based in Lindon, Utah, offers commercial and personal lines and employee …

21 01, 2026

Texas Faces Freeze While Weekend Snow Risks Rise in New York

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A massive winter storm will sweep across a huge swath of the US starting Friday, freezing Texas before roaring up the East Coast, where New York City and Boston are seeing a strong chance of heavy snow by Sunday. Air …

21 01, 2026

New Regulations for Texas Hemp Industry Approved

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New regulations for the consumable hemp industry were approved by the Texas Alcoholic Beverage Commission on Tuesday, concluding the agency’s involvement in a yearlong effort to more tightly regulate the products in the state. The rules change little for the …

21 01, 2026

Wells Fargo to Move Wealth Headquarters to West Palm Beach

By | January 21st, 2026|Uncategorized|Comments Off on Wells Fargo to Move Wealth Headquarters to West Palm Beach

Wells Fargo & Co. is moving the headquarters for its wealth-management business to West Palm Beach, becoming the first big bank to run that operation from the heart of the wealth boom in South Florida. The San Francisco-based firm signed …

21 01, 2026

Travelers Q4 Net Income Up 20% on Underwriting, Lower Catastrophe Losses

By | January 21st, 2026|Uncategorized|Comments Off on Travelers Q4 Net Income Up 20% on Underwriting, Lower Catastrophe Losses

Fourth quarter 2025 net income at The Travelers Cos. increased about 20% compared with the same period a year ago, to about $2.5 billion. Underwriting, lower catastrophe losses, and more favorable prior year reserve development bolstered financial results for the …

21 01, 2026

Consumer Group Got $1.4M Intervening in Rate Filings, California Department of Insurance Says

By | January 21st, 2026|Uncategorized|Comments Off on Consumer Group Got $1.4M Intervening in Rate Filings, California Department of Insurance Says

California Department of Insurance data show one consumer advocacy group earned $1.4 million in fees last year from a program that pays people and advocates to intervene in rate hearings. Consumer Watchdog received $1,427,280.80 in fees from the state’s inventor …

21 01, 2026

Severe Convective Storms Become Costliest Insured Peril of 21st Century: Aon

By | January 21st, 2026|Uncategorized|Comments Off on Severe Convective Storms Become Costliest Insured Peril of 21st Century: Aon

Severe convective storms (SCS) have surpassed tropical cyclones to become the costliest insured peril of the 21st century, according to Aon plc. Total economic losses reached $260 billion — 23% below the 21st-century average and the lowest since 2015, said …

21 01, 2026

Snowstorm Sparks 100-Vehicle Pileup in Michigan

By | January 21st, 2026|Uncategorized|Comments Off on Snowstorm Sparks 100-Vehicle Pileup in Michigan

More than 100 vehicles smashed into each other or slid off an interstate in Michigan on Monday as snow fueled by the Great Lakes blanketed the state. The massive pileup prompted the Michigan State Police to close both directions of …