20 12, 2024

Cleveland Clinic Plans New Hospital, Larger Outpatient Center in South Florida

By | December 20th, 2024|Uncategorized|Comments Off on Cleveland Clinic Plans New Hospital, Larger Outpatient Center in South Florida

The Cleveland Clinic, a health care system with hospitals and clinics around the world, said it plans to build a 150-bed hospital in the Palm Beach area and will quadruple the size of an outpatient clinic there. Cleveland has operated …

17 01, 2025

Trump’s Miami Resort Wins Approval for $3 Billion Condo Project

By | January 17th, 2025|Uncategorized|Comments Off on Trump’s Miami Resort Wins Approval for $3 Billion Condo Project

Donald Trump will leave Mar-a-Lago and head to Washington next week to be sworn in as president. On his way out of South Florida, his family business scored a long-sought local victory. In a 4-0 vote on Wednesday, the Doral …

20 12, 2024

Safeco to Stop Writing New Condo and Renter Policies in California

By | December 20th, 2024|Uncategorized|Comments Off on Safeco to Stop Writing New Condo and Renter Policies in California

It appears another insurance carrier is turning sour on wildfire-prone California. Safeco, a Liberty subsidiary, is preparing to stop writing new condo and rental policies in California at the beginning of next year. Liberty stopped writing new condo or rental …

17 01, 2025

NC Court Says Mother Can Sue Trooper After Student Killed in Ride-Along

By | January 17th, 2025|Uncategorized|Comments Off on NC Court Says Mother Can Sue Trooper After Student Killed in Ride-Along

RALEIGH, N.C. (AP) — The mother of a North Carolina university student killed while on a ride-along in a Highway Patrol cruiser can continue suing for gross negligence the trooper who drove off the road during a high-speed chase, a …

20 12, 2024

Liberty Mutual Weighs Sale of Thailand, Vietnam Assets

By | December 20th, 2024|Uncategorized|Comments Off on Liberty Mutual Weighs Sale of Thailand, Vietnam Assets

Liberty Mutual Holding Co. is considering a sale of its businesses in Thailand and Vietnam as the US insurer seeks to streamline its operations, according to people familiar with the matter. Liberty Mutual is working with a financial adviser on …

17 01, 2025

Los Angeles Pushes to Rebuild Homes Fast, Despite Wildfire Danger

By | January 17th, 2025|Uncategorized|Comments Off on Los Angeles Pushes to Rebuild Homes Fast, Despite Wildfire Danger

California politicians are rushing to make it easier for residents to rebuild their homes incinerated in the Los Angeles firestorms. That means waiving green construction mandates designed to combat climate change — which is driving such conflagrations by making conditions …

20 12, 2024

Tesla Recalls Nearly 700,000 Vehicles in Over Tire Pressure Monitoring Issue

By | December 20th, 2024|Uncategorized|Comments Off on Tesla Recalls Nearly 700,000 Vehicles in Over Tire Pressure Monitoring Issue

Tesla said on Friday it was recalling 694,304 vehicles in the United States over an issue with the tire pressure monitoring system (TPMS). The TPMS warning light may not remain illuminated between drive cycles, failing to warn the driver of …

17 01, 2025

P/C Market Profit Improvement Expected to Continue Through 2026: Triple-I, Milliman

By | January 17th, 2025|Uncategorized|Comments Off on P/C Market Profit Improvement Expected to Continue Through 2026: Triple-I, Milliman

The “gap is closing” between commercial lines and personal lines underwriting results as the insurance industry overall is expected to continue its run of premium growth and improved underwriting results over the next 2 years. According to a report from …

20 12, 2024

Swiss Re’s Business Unit CEOs Share Views on Key Risk Themes of 2025

By | December 20th, 2024|Uncategorized|Comments Off on Swiss Re’s Business Unit CEOs Share Views on Key Risk Themes of 2025

Social inflation will continue to be a top concern for insurers and reinsurers in 2025 with US liability claims increasing by 57% during the past decade and nuclear verdicts rising in frequency, said Swiss Re, pointing to jury awards above …

17 01, 2025

General Motors Settles With FTC Over Sharing Driver Data

By | January 17th, 2025|Uncategorized|Comments Off on General Motors Settles With FTC Over Sharing Driver Data

The US Federal Trade Commission has reached a settlement with General Motors Co. over claims the automaker deceived drivers by collecting their personal data and sharing it with third parties. As part of the settlement, GM will be banned for …