6 hours 36 minutes ago
California Insurance Commissioner Ricardo Lara is urging Gov. Gavin Newsom to sign several wildfire and health-related bills that have passed the Legislature and are now awaiting the governor’s approval. “They reflect our collective responsibility to help individuals, communities, and businesses …
7 hours 39 minutes ago
Claims associated with functional restoration programs in California’s workers’ compensation system averaged $234,003 total, 59% higher than matched non-FRP claims, a new study shows. A study from the California Workers’ Compensation Institute out this week examines FRPs, multidisciplinary treatments aimed …
11 hours 19 minutes ago
Skyward Specialty Insurance Group recruited Christopher Zitzmann as president of Inland Marine and Transactional Property. With more than two decades of experience in the property and inland marine markets, Zitzmann is known for his deep industry expertise, leadership and building …
11 hours 23 minutes ago
World Insurance Associates announced today that Zach Posey has joined as its new leader of market relationships. Posey, who is based in Chicago, will engage with contingent capital providers to include insurers in developing unique solutions for clients, trading partners …
11 hours 38 minutes ago
California will extend a key climate program under a bill state lawmakers passed Saturday, sending the measure to Gov. Gavin Newsom, who has championed it as a crucial tool to respond to the Trump administration’s environmental rollbacks. The Democrat-dominated Legislature …
Admin
11 hours 41 minutes ago
President Donald Trump has approved federal disaster aid for six states and tribes following storms and floods that occurred this spring and summer. The disaster declarations, announced Thursday, will allow federal funding to flow to Kansas, North Carolina, North Dakota …
Admin
11 hours 45 minutes ago
A school bus carrying softball team members in Oklahoma crashed into a deer and overturned, ejecting some passengers and injuring seven people, the state highway patrol said. The crash happened Monday night on State Highway 152 near Minco in Grady …
13 hours 3 minutes ago
The Trump administration asked a federal court to cancel the approval of a $6 billion wind project planned off the coast of Maryland as part of a wider effort to halt the development of the offshore clean- energy resource. The …
Admin
13 hours 36 minutes ago
Political violence in a polarized US is surging, with the past five years of assassinations and attempts on the lives of politicians the highest on records dating back to the 1960s, a Bloomberg Geo-Economic analysis shows. Since the start of …
Admin
13 hours 39 minutes ago
There are certain traits of hard reinsurance market cycles: prices rise, terms and conditions tighten, and new Bermuda reinsurers are formed to help fill capacity needs — known in the past by the market as the “class of 1992,” “class …
L.S. Howard
14 hours 12 minutes ago
Leaders of a Georgia-based church with congregations in five states have been charged by federal prosecutors with swindling millions of dollars in veterans benefits from parishioners serving in the military. An indictment unsealed in U.S. District Court in Savannah charges …
Admin
14 hours 15 minutes ago
The email seemed innocent enough. It invited senior citizens to learn about the Silver Hearts Foundation, a new charity dedicated to providing the elderly with care and companionship. “We believe every senior deserves dignity and joy in their golden years,” …
Admin
14 hours 20 minutes ago
A judge has rejected an attempt by the state of Georgia and a local development agency to force people who unsuccessfully sued to block an electric vehicle plant to pay the government’s legal fees. State government and the development authority …
Admin
14 hours 41 minutes ago
In 2023, dirty mine water gushed out of the ground behind James Christian’s home, flooding his yard in Wyoming County, West Virginia. Sinkholes formed, a strong sulfur-like odor lingered in the air and oily sheens began coating the creek. Residents …
15 hours 38 minutes ago
The owner of Rolling Stone, Billboard and Variety sued Google on Friday, alleging the technology giant’s AI summaries use its journalism without consent and reduce traffic to its websites. The lawsuit by Penske Media in federal court in Washington, D.C., …
Admin
15 hours 55 minutes ago
Arrow Risk Management, the London-based specialist MGA underwriting platform, announced a strategic partnership with Bridgehaven Specialty UK Ltd. to launch its tech E&O underwriting practice. The practice will be led by Graeme King, who is one of the most highly …
16 hours 27 minutes ago
This edition of International People Moves details appointments at AXA XL and Liberty Specialty Markets (LSM). A summary of these new hires follows here. AXA XL Promotes Smyth as Global Chief Underwriting Officer, Casualty AXA XL has appointed Donnacha Smyth …
17 hours 35 minutes ago
A suspected North Korean state-sponsored hacking group used ChatGPT to create a deepfake of a military ID document to attack a target in South Korea, according to cybersecurity researchers. Attackers used the artificial intelligence tool to craft a fake draft …
Admin
18 hours 11 minutes ago
Dix Hill, New York insurance agent Jason Bartow, AAI, CPIA, TRA, has been elected president of the Professional Insurance Agents of New York State (PIANY). Bartow is commercial lines executive vice president of Eugene A. Bartow Insurance Agency Inc. and …
18 hours 17 minutes ago
AMP Ltd. has agreed to pay A$120 million ($80 million) to settle a class action alleging the financial group charged excessive fees on some pension accounts for more than a decade. The in-principle agreement relates to fees charged to members …
Admin