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15 05, 2024

Insurance Research Council: Home Insurance Spend Outpaces Household Income Growth

By | May 15th, 2024|Uncategorized|Comments Off on Insurance Research Council: Home Insurance Spend Outpaces Household Income Growth

According to the Insurance Research Council (IRS), the average homeowners insurance expenditure has become less affordable for U.S. consumers over time. Looking at the the years 2001 to 2021—the latest year in which relevant data is available—homeowners spent about 2% …

14 05, 2024

Alphabet’s Waymo Probed by US After Autonomous Car Incidents

By | May 14th, 2024|Uncategorized|Comments Off on Alphabet’s Waymo Probed by US After Autonomous Car Incidents

The top US auto-safety regulator opened an investigation into Waymo, the autonomous-vehicle subsidiary of subsidiary of Alphabet Inc., after 22 incidents in which the company’s cars were involved in collisions or may have violated traffic laws. The US National Highway …

15 05, 2024

Britain Rejects Call to Ban Gagging Orders in Financial Services Sector

By | May 15th, 2024|Uncategorized|Comments Off on Britain Rejects Call to Ban Gagging Orders in Financial Services Sector

Britain’s Finance Ministry on Tuesday rejected a call to ban non-disclosure agreements (NDAs), which can be used to silence victims of sexual harassment and abuse, arguing that such clauses do not stop staff reporting concerns to authorities. A report on …

14 05, 2024

18 States Sue Over EEOC’s Policy on Transgender Workers

By | May 14th, 2024|Uncategorized|Comments Off on 18 States Sue Over EEOC’s Policy on Transgender Workers

A group of Republican-led U.S. states filed a lawsuit seeking to block the U.S. Equal Employment Opportunity Commission from enforcing broad legal protections for transgender workers. The 18 states filed the complaint in federal court in Knoxville, Tennessee, late Monday. …

10 05, 2024

Insurers Like California Governor’s Statement About Expedited Rate Filings

By | May 10th, 2024|Uncategorized|Comments Off on Insurers Like California Governor’s Statement About Expedited Rate Filings

Insurers are applauding a move by California Gov. Gavin Newsom to try and expedite the insurance rate filing process. Newsom made the proposal in a trailer bill on the state’s budget. It was mentioned in a press conference to talk …

14 05, 2024

Farmers to Resume Offering Key Lines of Business Insurance in California

By | May 14th, 2024|Uncategorized|Comments Off on Farmers to Resume Offering Key Lines of Business Insurance in California

Farmers Insurance says it will resume accepting new business commercial multi-peril applications for auto service & repair, habitational, manufacturing, real estate and wholesale distribution policies in California. The action follows the insurer group’s recent decision to lift its temporary moratorium …

15 05, 2024

Brazil States Ask Court to Double Amount Vale, BHP Should Pay for Mining Disaster

By | May 15th, 2024|Uncategorized|Comments Off on Brazil States Ask Court to Double Amount Vale, BHP Should Pay for Mining Disaster

Two Brazilian states have asked a court to more than double the amount that miners Vale and BHP, plus a jointly owned tie-up, must pay in damages for a 2015 deadly tailings dam failure, according to a legal document seen …

15 05, 2024

Louisiana Department of Insurance Offers Guidance Following Severe Storms

By | May 15th, 2024|Uncategorized|Comments Off on Louisiana Department of Insurance Offers Guidance Following Severe Storms

Severe storms killed three people and caused significant damage in southwest Louisiana Monday. At least one EF3 tornado hit Lake Charles, officials said. The St. Martin Parish coroner reports that a female died in Cecilia after a camper rolled over …

13 05, 2024

Pennsylvania to Ban Driver Cell Phone Use, Require Reporting of Traffic Stop Data

By | May 13th, 2024|Uncategorized|Comments Off on Pennsylvania to Ban Driver Cell Phone Use, Require Reporting of Traffic Stop Data

Pennsylvania will join the majority of states that ban motorists from handling a cell phone for almost any purpose while driving, as backers of the legislation hope to reduce distracted driving accidents and deaths after nearly two decades of pressing …

15 05, 2024

Four in Florida Charged with Faking Auto Accident Injuries to Gain PIP Payouts

By | May 15th, 2024|Uncategorized|Comments Off on Four in Florida Charged with Faking Auto Accident Injuries to Gain PIP Payouts

Florida authorities this week charged four people with falsifying injuries from an auto accident and attempting to defraud three insurance companies out of personal injury protection payments. Maria Campos, Isabella Mendez, Madison Martinez, and Krystal Arbona were charged with insurance …