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New York City has taken the next steps toward realizing its vision of a city-backed insurance program for affordable housing providers. The city has selected Pinnacle Actuarial Resources to provide actuarial analysis and technical support. Also, the city has issued …

Digital insurer Honeycomb Insurance is expanding into Nevada roughly one month after receiving a $40 million funding round. The company’s recent launches include operations in Kansas and Missouri. Honeycomb’s digital platform is designed to enable agents to quote and bind …

As part of its new group strategy Xcelerate29, corporate & specialty insurer HDI Global (HDI) will implement a new organizational setup and leadership changes in its U.S. business. HDI Global U.S. named Shadi Albert as the new CEO as of …

What’s being referred to as a super El Niño is now looking more than likely, and it brings with it increased wildfire risk in the West, drought and a possible “mini-Dust Bowl” in parts of the Great Plains, the potential …

Millions of honeybees escaped into a rural Texas neighborhood after a semitrailer carrying about 400 hives tipped over, officials said. Emergency officials in Orange County, Texas, shut down roads in the area Sunday morning and warned residents to stay in …

The MJ Companies announced the addition of an accomplished benefits compliance professional to its team. Rebecca McColm is joining as associate director of benefits compliance, based in the firm’s Indiana office. She will provide compliance support to MJ clients across …

Westfield Specialty announced the acquisition of the renewal rights for DOXA’s Arris Property Underwriters Program. The E&S commercial property program provided custom solutions for real estate, hospitality, healthcare, education, municipalities, and manufacturing through wholesale distribution. The renewal rights deal provides …

Tesla Inc. was sued by the family of a 76-year-old woman who was killed after a Model 3 sedan allegedly using driver-assistance software slammed into her home near Houston. The electric-vehicle maker’s automated technology failed to detect the end of …

Americans are leaving some of the nation’s most flood-prone communities at an accelerating pace, suggesting that climate concerns are beginning to influence migration decisions alongside more traditional factors such as housing costs and quality of life. High-flood-risk US counties — …

New York City Mayor Zohran Kwame Mamdani yesterday signed an Executive Order directing a “whole-of-government response” to protect workers from extreme heat. The order directs the departments of Health and Mental Hygiene, Emergency Management and the Citywide Administrative Services to …

Joseph McCue came to Florida expecting to do even better than he was in New York City working as an electrician. He had a job lined up at a hospital construction site in Orlando, and the combination of zero state …

The National Association of Insurance Commissioners (NAIC) said it was the victim of a data breach, though an investigation has found the group responsible is unlikely to have the scope of data it has claimed. The NAIC said the cyber …

Smoke continues to billow from a fire at a massive warehouse in Los Angeles, drawing complaints about air quality from residents and interrupting nearby businesses. A fire at a 491,000-square-foot cold storage warehouse located near homes in Boyle Heights continues …

The deadly destruction of a Florida beachfront condominium actually started weeks before it collapsed into a pile of rubble in the middle of the night, killing 98 people on June 24, 2021, but the building had been vulnerable from the …

Rhode Island has joined more than two dozen other states that have enacted laws expanding access to civil courts for child victims of sexual abuse. Governor Dan McKee signed legislation amending the statute of limitations for child victim claims of …

Ships have begun sailing through the Strait of Hormuz under a new scheme by the U.N.’s shipping agency to evacuate vessels trapped there by the conflict, a spokesperson said on Wednesday. The initiative, which has taken months to conclude, will …

Tom and Diane Peterman tried to buy flood insurance when they moved to their retirement home on the shores of Black Lake 14 years ago but were told it wasn’t available. John Solum was told he wasn’t in a flood …

Aviva, the UK-based insurer, announced it will rebrand Probitas 1492 as “Aviva Syndicates” marking a significant milestone in the integration of its Lloyd’s platform into Aviva’s Global Corporate & Specialty (GCS) business. The rebrand will see the syndicate operate fully …

The insurance industry is set to face significant claims for ships that were damaged during the Iran war, according to Allianz SE. The company said in its annual safety and shipping review that it had already received such claims stemming …

When a fire broke out a few miles from his Altadena, California, home the evening of Jan. 7, 2025, Matt Blea and his family needed to make a crucial decision: Should they stay home, or evacuate? A friend who did …