Sonoma County and several Northern California agencies sued Pacific Gas & Electric Co. on Tuesday over damage caused by a wildfire that burned a large swath of land last year and caused nearly 100,000 people to flee. The Kincade Fire …
Insurance brokers have stepped up their acquisition pace in the second half of 2020 after a pause in the second quarter related to the coronavirus and the steep economic decline, according to a report published by Moody’s Investors Service. Indeed, …
What can the International Space Station teach us about mudslides here on Earth? Here is the connection: UC San Diego engineers are trying to better understand the role gravity plays in mudslides. That is why in 18 months, they will …
Insurance broker Aon plc has launched a new product with Hudson Structured Capital Management Ltd. (undertaking its re/insurance business as HSCM Bermuda) to protect insurers and reinsurers against systemic and catastrophic cyber events. Aon and HSCM (an asset manager focused …
The New York State Department of Financial Services (DFS) has entered into a settlement with the National Rifle Association (NRA) to resolve alleged violations of New York insurance law. The settlement includes a monetary penalty of $2.5 million and means …
SANTA ROSA, Calif. — Sonoma County and several Northern California agencies sued Pacific Gas & Electric Co. on Tuesday over damage caused by a wildfire that burned a large swath of land last year and caused nearly 100,000 people to …
Hub International Limited (Hub), a Chicago-based global insurance brokerage, has acquired the assets of United Shortline Insurance Services Inc. (USIS) in Port Austin, Mich. Terms of the transaction were not disclosed. USIS specializes in the shortline and regional railroad insurance …
MANAGUA, Nicaragua — Piles of wind-tossed lumber used to be homes. Concrete walls have been pounded into painted chunks. Colorful pieces of clothing hang from tree branches. The devastation caused by Hurricane Iota became clear Wednesday as phone and internet …
ALBANY, N.Y. — The National Rifle Association is banned from marketing insurance in New York for five years and will pay $2.5 million to settle an investigation into “dangerous” policies promoted to gun owners as a way to cover costs …
West Virginia’s attorney general cannot use a consumer protection law to sue a Roman Catholic diocese over sexual abuse allegations, the state’s high court said Monday. The West Virginia Supreme Court issued its opinion in response to a lawsuit the …