AM Best’s composite of Florida property insurance companies hit five-year performance and surplus lows in 2020, and given persisting and significant market hurdles, companies will find sustaining current surplus levels a challenge, according to a new commentary from the ratings …
A firefighting helicopter with four people on board crashed near an airport in central Florida, killing at least one person, officials said. The helicopter crashed into a marsh near Leesburg International Airport during a training exercise around 4 p.m. Tuesday, …
People protested Tuesday near the Mississippi Capitol and the state Supreme Court building to demand that Gov. Tate Reeves call legislators into special session to restore a medical marijuana initiative that voters approved in November and that justices recently overturned. …
Oklahoma business owners may soon have a bit more protection against the growing threat of cybercrime as the revised House Bill 1759 passed the House and moves to the Gov. Kevin Stitt for his signature. HB1759, authored by Rep. Trish …
Changes to the city ordinance requiring additional licensing to improve towing safety have been passed by the Chicago City Council, the National Insurance Crime Bureau reported. The NICB supported an amendment to city ordinance that would require additional licensing to …
Nearly 100 more people died in traffic crashes in Michigan last year than in 2019, according to preliminary data released by the state police. The state police Criminal Justice Information Center said on May 26 that 1,083 people were killed …
Two Michigan companies face nearly $200,000 in combined proposed penalties after two workers were killed in the collapse at an Ohio power plant. The Occupational Safety and Health Administration said that Killen Power Generation Station’s building collapsed unexpectedly on Dec. …
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Ratings of “bb+” (Fair) of Anchor General Insurance Co. in San Diego, Calif., and Pacific Star …
Pacific Gas & Electric will pay $43.4 million to government agencies in three Northern California counties to cover bills left behind from wildfires ignited during the past two years by the beleaguered utility’s long-neglected power grid. The settlements announced Wednesday …
At least seven people were injured when a wild well in a coastal Louisiana marsh caught fire while they were trying to control it, news outlets report. The owners said that the fire was out within two hours after it …