22 01, 2025

Connecticut Resiliency Plan Includes Flood Insurance, History Notification Mandate

By | January 22nd, 2025|Uncategorized|Comments Off on Connecticut Resiliency Plan Includes Flood Insurance, History Notification Mandate

Connecticut Governor Ned Lamont is proposing legislation aimed at improving the state’s resilience in the face of severe weather events, including requiring expanded notification to homeowners and renters of the availability of flood insurance and the flood history of a …

22 01, 2025

Storm Éowyn Set to Hit UK With Damaging Winds and Heavy Rains

By | January 22nd, 2025|Uncategorized|Comments Off on Storm Éowyn Set to Hit UK With Damaging Winds and Heavy Rains

Winter Storm Éowyn is gathering strength, supercharged by the Arctic blast that moved through the US, and has the potential to trigger power outages and travel disruptions across the UK later this week. Authorities have expanded warnings, forecasting the storm …

22 01, 2025

Wildfire-Risk Models Are Struggling to Predict LA-Style Fires

By | January 22nd, 2025|Uncategorized|Comments Off on Wildfire-Risk Models Are Struggling to Predict LA-Style Fires

Among natural disasters, wildfires are the great unknown. Even the most-sophisticated scientific models fail to capture all the risk factors or properly account for the increasing impact of climate change. It’s a major problem for homeowners, insurers and investors, as …

22 01, 2025

People Moves: Allianz Commercial Names Region Heads of Property, Financial Lines; New Leadership Roles at Resilience

By | January 22nd, 2025|Uncategorized|Comments Off on People Moves: Allianz Commercial Names Region Heads of Property, Financial Lines; New Leadership Roles at Resilience

Allianz Commercial Makes North American Leadership Promotions in Financial Lines and Property Allianz Commercial, headquartered in New York City, made two promotions to its North American leadership in financial lines and property. Nancy Dorvil, head of property Canada, will succeed …

22 01, 2025

New York Proposes Plan to Stabilize Broken Taxi Insurance Market

By | January 22nd, 2025|Uncategorized|Comments Off on New York Proposes Plan to Stabilize Broken Taxi Insurance Market

New York Governor Kathy Hochul proposed measures to stabilize the city’s taxi and rideshare insurance industry, which is reeling from the insolvency of its largest provider American Transit Insurance Co. Two of the bills would make it easier to adjust …

22 01, 2025

People Moves: Lawley Names 4 New Partners; Burns Heads XS Brokers New Cyber Unit

By | January 22nd, 2025|Uncategorized|Comments Off on People Moves: Lawley Names 4 New Partners; Burns Heads XS Brokers New Cyber Unit

Lawley, headquartered in Buffalo, New York, appointed four new partners. Michael Jantzi II has worked in the insurance and business development sectors since 2010. Prior to becoming a partner, he was an employee benefits consultant for over 10 years. Michael …

22 01, 2025

Growing Concerns About Wildfires in Carolina Thanks to Kindling Left by Helene

By | January 22nd, 2025|Uncategorized|Comments Off on Growing Concerns About Wildfires in Carolina Thanks to Kindling Left by Helene

As southern California continues to suffer from wildfires, officials in another part of the country fear their area could be next – thanks to tons of dry wood left over from Hurricane Helene’s wind and flooding. “The number one fire …

22 01, 2025

Six Years Post Fatal Disaster, Mines Start Global Waste-Dam Body

By | January 22nd, 2025|Uncategorized|Comments Off on Six Years Post Fatal Disaster, Mines Start Global Waste-Dam Body

An international institute that seeks to improve the safety of reservoirs that store toxic waste from mining known as tailings kicked off Tuesday, six years after the collapse of a dam owned by Vale SA killed 272 people in the …

22 01, 2025

Walgreens Ignored Red Flags in Dispensing Opioids, US Says

By | January 22nd, 2025|Uncategorized|Comments Off on Walgreens Ignored Red Flags in Dispensing Opioids, US Says

The Department of Justice sued Walgreens Boots Alliance Inc. for allegedly dispensing opioids and other controlled substances at pharmacies across the U.S. while ignoring red flags that the prescriptions were likely illegal. The lawsuit claims Walgreens pharmacists filled millions of …

22 01, 2025

AXA XL Supports UK’s First Development-Stage Accelerator for Climate Tech Businesses

By | January 22nd, 2025|Uncategorized|Comments Off on AXA XL Supports UK’s First Development-Stage Accelerator for Climate Tech Businesses

AXA XL is partnering with London GreenCity, the UK’s first accelerator for development-stage climate tech entrepreneurs, to offer expertise in insurance and risk management to the accelerator’s members. London GreenCity supports the development of new technologies that address the causes …