The Eaton Fire in central Los Angeles County poses a potential credit risk to power provider Southern California Edison, which operates electrical lines in the area where the destructive blaze first started, Moody’s Ratings said in a report on Thursday. …
Moody’s Says LA Fire May Pose Risk to Southern California Edison Read More »
With freezing temperatures projected to hit Texas in the coming days, the Insurance Council of Texas is offering instruction on how residents can prepare for and handle winter weather, ensuring their homes and vehicles are ready. Key issues affecting Texans …
Insurance Council of Provides Expert Tips for Winter Weather Read More »
Bigglestone Appointed Acting Commissioner of Vermont Department of Financial Regulation Vermont Governor Phil Scott named Sandy Bigglestone as acting commissioner of the state’s Department of Financial Regulation (DFR). Bigglestone most recently served as deputy commissioner of the captive insurance division. …
Holmes Murphy announced its expansion into a second location in the Des Moines metro area. The company officially signed a lease for space in the Arcadia building located at 7000 Vista Drive in West Des Moines. The Arcadia building is …
Holmes Murphy Expands In Des Moines With Second Location Read More »
TKO Construction Services, a Minnesota-based staffing company that provides temporary employees for commercial, residential, restoration, heavy industrial and energy construction companies, will pay $300,000 and provide other equitable relief to settle a discrimination lawsuit filed by the U.S. Equal Employment …
Minnesota Staffing Firm to Pay $300K for Discriminatory Hiring Practices Read More »
A blast of extreme cold is poised to descend on the central US this weekend before spreading to New York and the rest of the East Coast, testing power grids and threatening to break temperature records. Frigid conditions will sweep …
Extreme Cold From NY to Texas Threatens to Topple Records Read More »
A Farmington Hills, Michigan Little Caesars restaurant employed minors in violation of federal child labor regulations by assigning them to operating dangerous equipment such as dough mixers and ovens and allowing three 15-year-olds to work past 7 p.m. on school …
Michigan Little Caesars Franchisee to Pay $26K in Child Labor Violations Read More »
President Joe Biden on Thursday is set to issue an executive order aimed at strengthening the federal government’s cybersecurity and offering it more tools to punish digital attackers. The order in the final days of the Biden administration is meant …
White House Aims to Bolster Cybersecurity With Last-Minute Order Read More »
There has been some question about whether California’s insurer of last resort – the FAIR Plan – has enough cash on hand to pay for its share of wildfire claims. While cash is limited and reinsurance has a deductible that …
Will California’s FAIR Plan Have Enough Cash for Its Wildfire Claims? Read More »
I watched as the skies over my home in Los Angeles turned an apocalyptic orange on January 7, 2025, as wildfires raged across the state. Among the most devastating, the Palisades Fire consumed thousands of acres, leaving a wake of …
A Los Angeles Actuary on Lessons From the Palisades Fire Read More »
