Moody’s Ratings said in a report on Thursday that it expects the Los Angeles wildfires to increase property insurance costs across California. According to Moody’s, the state’s already noticeable insurance pricing and availability challenges are likely to intensify, with negative …
Moody’s Expects L.A. Wildfires to Increase Property Insurance Costs Across State Read More »
Oklahoma Insurance Commissioner Glen Mulready announced new details regarding the launch of OKReady, the Strengthen Oklahoma Homes (SOH) program, that went into effect on November 1, 2024. Over the past several months, the Oklahoma Insurance Department (OID) has been working …
Oklahoma Commissioner Unveils OKReady Grant Program Launch Details Read More »
Anneren Family Holding Company, established to perpetuate the Ansay family’s legacy, has announced the appointment of Angela Sikowski as President and Nikki Kiss as Chief Operating Officer (COO). This transition marks a significant step in the company’s evolution, with a …
A New York roller derby league has lost its bid to temporarily block a local ban on transgender female athletes. Nassau County Supreme Court Judge Bruce Cozzens on Tuesday denied a request by the Long Island Roller Rebels to prevent …
Roller Derby League Loses Bid to Temporarily Block Ban on Trans Athletes Read More »
A judge in northwestern Ohio found a pastor guilty on criminal charges Tuesday for failing to comply with the city fire code after he opened his church to let homeless people and others stay inside overnight to escape the winter …
Ohio Pastor Found Guilty for Violating City Fire Code by Sheltering Homeless Read More »
Descartes Underwriting has announced the launch of a parametric insurance product to protect utility-scale solar farms against tornado damage. According to a press release, the coverage uses satellite data and analytics to insure transition-sector investments against physical damage, business interruption …
Descartes Launches Parametric Tornado Coverage for Solar Farms Read More »
Zurich NA Appoints Bessette as Chief Data Officer Zurich North America, headquartered in Schaumburg, Illinois, appointed Kristen Bessette as chief data officer. Based on the East Coast, Bessette previously held multiple senior positions at Liberty Mutual Insurance in Boston, culminating …
Catastrophe modeler KCC said insured loss from privately insured and California FAIR plan policies to residential, commercial and industrial properties, and autos from the Palisades and Eaton Fires will be close to $28 billion. That’s in line with estimates issued …
KCC Estimates Losses From Palisades and Eaton Wildfires to Be Near $28B Read More »
2024 saw record-breaking cargo theft activity across the United States and Canada, with 3,625 reported incidents representing a 27% increase from 2023, according to global data analytics and technology provider CargoNet, a Verisk company. The estimated average value per theft …
Cargo Theft Surges to Record Levels in 2024 Read More »
Two new wildfires that erupted in Southern California are spreading quickly over dry hillsides and forcing evacuations, stoking new fears in a region that’s been devastated by recent deadly blazes. The Hughes Fire, which began Wednesday and grew within hours …
New Wildfires Erupt in California, Forcing Thousands to Evacuate Read More »