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27 01, 2025

W.R. Berkley Posts Record Year With Q4 Net Income Up 45%

By | January 27th, 2025|Uncategorized|Comments Off on W.R. Berkley Posts Record Year With Q4 Net Income Up 45%

Forth quarter 2024 net income at W.R. Berkley Corp. jumped 45% compared to a year ago to about $576 million. For the year, the Greenwich, Connecticut-based commercial insurer said it booked record income of about $1.8 billion compared to about …

31 01, 2025

Floods in France Force Evacuations and Cut Power to Homes

By | January 31st, 2025|Uncategorized|Comments Off on Floods in France Force Evacuations and Cut Power to Homes

Flooding caused by Storm Herminia forced the evacuation of thousands of people in northwest France, while hundreds of homes remain without power. Back-to-back storms — Éowyn followed by Herminia — have triggered the worst flooding in 40 years in parts …

6 02, 2025

North Carolina Insurance Chief Reports Arrests in Deer, Storm Claims

By | February 6th, 2025|Uncategorized|Comments Off on North Carolina Insurance Chief Reports Arrests in Deer, Storm Claims

A Charlotte man has been arrested on a felony charge of insurance fraud for allegedly falsely claiming to an insurer that his car was hit by a deer, according to North Carolina Insurance Commissioner Mike Causey. Causey’s Department of Insurance’s …

11 02, 2025

Bill Aims to Drive Down New York City Taxi Drivers’ Insurance Costs. But Will It?

By | February 11th, 2025|Uncategorized|Comments Off on Bill Aims to Drive Down New York City Taxi Drivers’ Insurance Costs. But Will It?

The New York City Council’s transportation committee heard testimony Monday on a proposal to lower the Personal Injury Protection (PIP) insurance coverage requirement for for-hire drivers from $200,000 to $50,000 per person, aligning it with the state’s requirement for all …

14 02, 2025

Texas Power Grid Says State’s Energy Demand May Exceed Supply in 2026

By | February 14th, 2025|Uncategorized|Comments Off on Texas Power Grid Says State’s Energy Demand May Exceed Supply in 2026

Texas’ main grid operator on Thursday forecast that the state’s growing demand for power could surpass its available energy supply beginning in summer 2026. In a report outlining potential supply and demand over the next five years, the Electric Reliability …

20 02, 2025

EPA Submits Biden Approval of California EV Plan to Congress

By | February 20th, 2025|Uncategorized|Comments Off on EPA Submits Biden Approval of California EV Plan to Congress

The U.S. Environmental Protection Agency said on Wednesday it has submitted the Biden administration’s approval of California’s landmark plan to end the sale of gasoline-only vehicles by 2035 to Congress for review and potential repeal. The decision by the new …

21 02, 2025

County Trash Collector’s Workers’ Compensation Claim Thrown Out

By | February 21st, 2025|Uncategorized|Comments Off on County Trash Collector’s Workers’ Compensation Claim Thrown Out

When the garbage truck stopped, the worker stepped down from the metal step on the back of the truck to run and retrieve a trash can. When his feet hit the ground, he heard a pop in his leg, felt …

21 02, 2025

Texas Bill Would Allow Vacant Offices to be Converted Into Dwellings

By | February 21st, 2025|Uncategorized|Comments Off on Texas Bill Would Allow Vacant Offices to be Converted Into Dwellings

As Texas’ major urban areas grapple with a glut of vacant offices, state lawmakers may make it easier to transform empty office and commercial space into dwellings. A bill by state Sen. Bryan Hughes, a Mineola Republican, would effectively allow …

22 01, 2025

Treasury’s FIO Releases ‘Flawed’ Homeowners Insurance Report, Industry Says

By | January 22nd, 2025|Uncategorized|Comments Off on Treasury’s FIO Releases ‘Flawed’ Homeowners Insurance Report, Industry Says

The U.S. Treasury’s Federal Insurance Office last week released what it called the “most comprehensive data on homeowners insurance in history.” Weeks after a U.S. Senate committee released a study and held a hearing on the affect of climate change …

28 01, 2025

Edison Shares New Details on Transmission Lines in Eaton Amid Wildfire Probe

By | January 28th, 2025|Uncategorized|Comments Off on Edison Shares New Details on Transmission Lines in Eaton Amid Wildfire Probe

Southern California Edison, a unit of utility Edison International, said on Monday preliminary analysis of data showed a “momentary and expected increase in current” on its energized lines in the Eaton Canyon corridor on Jan. 7 evening. Fire officials have …