California is heading into its dry season with just a fraction of the snow it typically has across its highest peaks at the end of its winter months, raising the prospects of drought across the most populous U.S. state. Statewide, …
It’s been more than two years since I wrote an analysis based on Surplus Line Association of California insight and data for an Insurance Journal article forecasting that the state’s homeowners insurance market was entering a structural transition driven primarily …
Volkswagen is recalling 75,323 cars in the U.S. over an instrument panel display failure, the U.S. National Highway Traffic Safety Administration said on Wednesday. Related: Stellantis Recalling 178,000 Mini Vans in US Over Side-Curtain Airbag Issue Here are some details: …
A federal judge on Tuesday said former Twitter investors who accused Elon Musk of defrauding them by waiting too long to disclose his initial investment in the social media company may pursue their case as a class action. The decision …
A Florida public adjuster, already facing prosecution for similar alleged misappropriation in 2024, now stands accused of diverting more than $600,000 in insurance settlements for homeowners hit by Hurricane Ian. Francisco Javier Chaparro-Araus, 46, of All Elements Public Adjusters in …
A federal judge on Tuesday ordered the University of Pennsylvania to hand over records about Jewish employees on campus to a federal agency as part of an investigation into antisemitic discrimination but said it did not have to reveal any …
Hailstorms drove record insured damages as severe convective storms become more common and damaging, popping up in new places, a new report shows.
Pennsylvania Attorney General Dave Sunday announced charges against a York County man accused of buying scrapped vehicles at a bargain, insuring them, and reporting accidents that never happened to receive lucrative insurance payouts. Taofiq Salami, of York Haven, has been …
Reinsurance rates continued to soften during the April 1 renewals despite the unstable geopolitical landscape and uncertain economic outlook, according to major reinsurance brokers. “The orderly completion of the renewal, with no structural disruption, disciplined capacity and cedent-friendly pricing outcomes, …
Patriot Growth Insurance Services, headquartered in Fort Washington, Pennsylvania, named Jason Bowie as national cyber practice leader. Bowie has more than 15 years of experience in the insurance brokerage industry, with a background in cyber liability, errors & omissions (E&O), …