Uncategorized

/Uncategorized
22 07, 2025

NC Expands FORTIFIED Roof Grant Program With Another $20 Million

By | July 22nd, 2025|Uncategorized|Comments Off on NC Expands FORTIFIED Roof Grant Program With Another $20 Million

North Carolina’s residual property insurance association is expanding its roof-grant program by $20 million, offering $6,000 to policyholders who upgrade their roofs to the more wind-resistant FORTIFIED standard. “In May, we launched the Strengthen Your Roof program, which invested $20 …

22 07, 2025

Attempts to Reform Litigation Funding Disclosure Continue on the Hill

By | July 22nd, 2025|Uncategorized|Comments Off on Attempts to Reform Litigation Funding Disclosure Continue on the Hill

Changes to the taxes paid by litigation investors did not make it in the final version of the expansive One Big Beautiful Bill, but the issue of third-party litigating funding continues to have the attention of at least some lawmakers …

22 07, 2025

Arizona Governor Tours Wildfire Destruction Along Grand Canyon’s North Rim

By | July 22nd, 2025|Uncategorized|Comments Off on Arizona Governor Tours Wildfire Destruction Along Grand Canyon’s North Rim

Democratic Gov. Katie Hobbs toured the destruction left by a wildfire along the Grand Canyon’s North Rim, on Saturday, surveying what she described as devastating damage. The governor, who has called for an investigation into how the blaze was handled, …

22 07, 2025

Business Moves: Coverys Agrees to Sell Italy MGA to AnaCap-Backed Edge Group; Portuguese Insurance Broker Universalis Rebrands as Acrisure

By | July 22nd, 2025|Uncategorized|Comments Off on Business Moves: Coverys Agrees to Sell Italy MGA to AnaCap-Backed Edge Group; Portuguese Insurance Broker Universalis Rebrands as Acrisure

Coverys, the Boston-based medical professional liability and healthcare insurer, has signed an agreement for the sale of its Italian managing general agent, AEC Agenzia di Assicurazione e Riassicurazione SpA (AEC), to Edge Group, a leading Italian insurance broking platform. Financial …

22 07, 2025

Lawsuit Says Clorox Hackers Got Passwords Simply by Asking

By | July 22nd, 2025|Uncategorized|Comments Off on Lawsuit Says Clorox Hackers Got Passwords Simply by Asking

Bleach maker Clorox said Tuesday it has sued information technology provider Cognizant over a devastating 2023 cyberattack, alleging that the hackers pulled off the intrusion simply by asking the tech company’s staff for employees’ passwords. Clorox was one of several …

23 07, 2025

Chubb Q2 Net Income Jumps 33% on Premium Growth, Underwriting

By | July 23rd, 2025|Uncategorized|Comments Off on Chubb Q2 Net Income Jumps 33% on Premium Growth, Underwriting

Chubb followed up a challenging first quarter due to the California wildfires with second quarter net income of nearly $3 billion, up about 33% compared to the same quarter a year ago. Second quarter P/C underwriting income was up 15% …

23 07, 2025

8th Circuit Upholds Verdict Against Nebraska Trucking Company in ADA Violation Case

By | July 23rd, 2025|Uncategorized|Comments Off on 8th Circuit Upholds Verdict Against Nebraska Trucking Company in ADA Violation Case

The 8th U.S. Circuit Court of Appeals affirmed a judgment in favor of the U.S. Equal Employment Opportunity Commission (EEOC) and against Omaha, Nebraska-based Werner Trucking on July 10, the EEOC announced last week. The EEOC’s lawsuit alleged Werner violated …

23 07, 2025

Homes Charred to Rubble in LA Fires Are Given New Life Through Recycling

By | July 23rd, 2025|Uncategorized|Comments Off on Homes Charred to Rubble in LA Fires Are Given New Life Through Recycling

Candace Frazee recently walked through the burnt remains of The Bunny Museum, searching for anything that could be salvaged before workers cleared the land. The Eaton Fire in Southern California in January scorched more than 60,000 bunny objects and memorabilia, …

23 07, 2025

New Hampshire Gunmaker Immunity Law Could Factor Into Sig Sauer Lawsuit

By | July 23rd, 2025|Uncategorized|Comments Off on New Hampshire Gunmaker Immunity Law Could Factor Into Sig Sauer Lawsuit

A 2-month-old law in New Hampshire that makes it harder to sue gunmaker Sig Sauer was discussed in court Monday, but it hasn’t yet been incorporated into the latest case accusing the company of negligence. Attorneys for Sig Sauer argue …

23 07, 2025

Heffernan Insurance Brokers Acquires Pac Global Insurance Brokerage, Inc.

By | July 23rd, 2025|Uncategorized|Comments Off on Heffernan Insurance Brokers Acquires Pac Global Insurance Brokerage, Inc.

Heffernan Insurance Brokers has acquired Pac Global Insurance Brokerage and formally added marine cargo expertise to its suite of services. Located in El Segundo, California, Pac Global joined as Heffernan’s marine cargo specialty practice on April 1. Marine cargo is …