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From insurancejournal.com

New York City's Biggest Taxi Insurer Is Insolvent, Risking Transit Meltdown

3 4

In an unassuming white and blue office building in Freeport, a few miles into Nassau County, sits the headquarters of American Transit Insurance Co. The

#ycombinator

on Sep 5

From insurancejournal.com

Italy to Require Companies Buy Insurance for Climate Risks

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Starting Jan. 1, every company in Italy must buy insurance to protect its assets from floods, landslides and other natural hazards that have become more

on Tue, 4PM

From insurancejournal.com

After Tens of Billions in Insured Losses, Record-Breaking Hurricane Season Ends

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The 2024 Atlantic hurricane season ends Nov. 30 after 18 named storms including the earliest Category 5 storm on record, and possibly one of the costliest

on Thu, 10AM

From insurancejournal.com

Biden Administration to Support Controversial UN Cyber Treaty

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The Biden administration plans to support a controversial cybercrime treaty at the United Nations this week despite concerns that it could be misused by

on Nov 12

From insurancejournal.com

Crews Fight Large Brush Fire in Massachusetts; Separate Fire Kills 1

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A woman died in an outdoor fire in Massachusetts at an encampment in Millbury on Saturday night and crews on Sunday were still fighting a large overnight

on Oct 29

From insurancejournal.com

Court Orders Start to Expose 'Startling' Data on Litigation Funding Sources

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There is no federal law that requires the disclosure of litigation funding agreements in court cases, but some disturbing insight has been found in

on Oct 8

From insurancejournal.com

Florida's Heritage Stock Price Drops After '60 Minutes' Report on Adjusters

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Just as Florida property insurers face another round of storm claims, CBS News has raised questions about alleged insurer fraud stemming from claims

on Oct 4

From insurancejournal.com

Thieves Hunting for Copper Are Vandalizing American EV Chargers

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Rick Wilmer spends most of his work days at the office. But every so often, the chief executive officer of ChargePoint Holdings Inc. will make his way to

on Oct 2

From insurancejournal.com

Zillow Listings Will Now Highlight Climate Risks, Insurance Info

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For-sale listings on Zillow will now feature detailed climate risk information for five key categories — flood, wildfire, wind, heat and air quality —

on Sep 28

From insurancejournal.com

Extreme Rain Is a Growing Climate Threat to the Northeastern US

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As high temperatures break records around the US and wildfires rip through the West, another climate-driven weather hazard — extreme rainfall — is

on Aug 28

From insurancejournal.com

Federal Court Says Lindberg and Firms Must Pay $167M to Defunct Dutch Insurer

0 1

Former insurance executive Greg Lindberg, now awaiting sentencing in a North Carolina bribery conviction, and his companies must pay almost $167 million

on Aug 14

From insurancejournal.com

Study Links Fracking Wastewater Injection to Surface Blowouts in West Texas Oil Wells

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Fracking wastewater, injected underground for permanent disposal, traveled 12 miles through geological faults before bursting to the surface through a

on Aug 9

From insurancejournal.com

Midwestern Farmers Who Say Yes to Solar Power Face Neighbors' Wrath

0 1

When Michigan farmer Clara Ostrander heard about the benefits of hosting a solar energy project, she remembered something her father had told her four

on Aug 2

From insurancejournal.com

Crop Insurance Won't Let Some Farmers Adapt to Climate Change

0 1

In Kansas, where a prolonged drought has killed crops and eroded the soil, Gail Fuller's farm is like an oasis. Sheep, cows and chickens graze freely on

on Jul 30

From insurancejournal.com

32.7M Homes at Risk of Hurricane Damage, CoreLogic Report Shows

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More than 32.7 million residential properties from Texas to Maine are at risk of moderate or severe damage sustained from hurricane-force winds, a new

on Jul 25

From insurancejournal.com

Allstate Seeking 34% Rate Hike on California Homeowners Insurance

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Allstate is seeking an increase in its California homeowners insurance premiums by an average of 34%. According to the California Department of Insurance,

on Jul 19

From insurancejournal.com

Study Urges Rethinking of Disaster Management in Era of Compounding Events

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A new report warns that compounding natural disasters introduce new, interconnected, and complex risk scenarios — and points to a need to reimagine

on Jul 19

From insurancejournal.com

Disaster-Struck Cities Fight for Aid as FEMA Funding Runs Low

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A once in 200-years storm dumped 11 inches of rain over four hours on the central Massachusetts town of Leominster in September, washing away culverts,

on Jul 18

From insurancejournal.com

US Home Insurance Still Priced Too Low for Climate Risk, Says Swiss Re Chair

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This has been a year of insurance sticker shock in the US. But the man who provides insurance to insurers thinks maybe the shock still isn't enough to

on Jul 3

From insurancejournal.com

Right-Wing Political Tilt in Countries Across Globe Will Not Derail Climate Action

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A political tilt to the right in Europe and a potential Trump presidency in the U.S. will not derail climate efforts as businesses are increasingly locked

on Jul 2

From insurancejournal.com

Coverage Needed: Hundreds of Thousands in SE Now in Flood Zones With New Maps

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Many more properties, including hundreds of thousands of homes across Florida and other parts of the Southeast, will be required to purchase flood

on Jun 25

From insurancejournal.com

US Regulators to Open Antitrust Inquiries of Microsoft, OpenAI and Nvidia

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The U.S. Justice Department and the Federal Trade Commission have reached a deal that allows them to proceed with antitrust investigations into the

on Jun 6

From insurancejournal.com

Investors With Trillions Aren't Handling Australia Climate Risks: Study

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Major investors in Australia aren't responding fast enough to rising threats to infrastructure and other assets from cyclones, floods and other natural

on May 31

From insurancejournal.com

US Intelligence Agencies' Embrace of Generative AI Is Wary and Urgent

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Long before generative AI's boom, a Silicon Valley firm contracted to collect and analyze non-classified data on illicit Chinese fentanyl trafficking made

on May 28

From insurancejournal.com

Florida's 125% Surge in Property-Insurance Bills Sows Havoc

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For Filicia Porter, the insurance bills were the final straw. They'd been climbing steeply for her assisted-living business as Florida was battered with

on May 23

From insurancejournal.com

18 States Sue Over EEOC's Policy on Transgender Workers

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A group of Republican-led U.S. states filed a lawsuit seeking to block the U.S. Equal Employment Opportunity Commission from enforcing broad legal

on May 14

From insurancejournal.com

Berkshire's Jain on Cyber: 'The Mindset Should Be You're Not Making Money'

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While describing cyber insurance as a "fashionable" and profitable business, Berkshire Hathaway's head of insurance operations said aggregation and loss

on May 11

From insurancejournal.com

White House to Push Cybersecurity Standards on Hospitals

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The Biden administration intends to require hospitals to meet minimum cybersecurity standards after a single hack exposed the data of 100 million

on May 10

From insurancejournal.com

CoreLogic Report: 'Windy City' Not the Windiest City

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Jackson, Miss., is the windiest city in America, according to catastrophe modeling firm CoreLogic's just released rankings of the windiest cities in the

on May 6

From insurancejournal.com

McKinsey Faces US Criminal Probe Over Opioids Work, Sources Say

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McKinsey & Co is under criminal investigation in the United States over allegations that the consulting firm played a key role in fueling the opioid

on Apr 25

From insurancejournal.com

Microsoft Faulted for 'Inadequate' Cyber Practices in US Report

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A Chinese-state intrusion last year of Microsoft Corp. technology that enabled hackers to gather US officials' emails "should never have occurred,"

on Apr 3

From insurancejournal.com

Deadly Lithium Battery Fires Force Lawmakers to Play Catch-Up on Safety

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For a decade, Illinois state Sen. Sue Rezin has recognized the technological and economic potential of lithium-ion batteries. Rezin, a Republican who

on Mar 29

From insurancejournal.com

Asset-Backed Securities Face New Risks From US Court Decision

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A federal court decision has raised new legal risks for a corner of Wall Street that bundles consumer loans into asset-backed securities. A US appeals

on Mar 28

From insurancejournal.com

State Farm Nonrenewing 30K California Homeowners, Renters

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State Farm General Insurance Co. said it will non-renew 30,000 California homeowners, rental dwelling, and other property insurance policies State Farm

on Mar 22

From insurancejournal.com

Sierra Club Sues SEC for Weakening Climate Risk Disclosure Rules

0 1

A major environmental group has sued to challenge new rules issued by the U.S. Securities and Exchange Commission requiring public companies to report

on Mar 15

From insurancejournal.com

Tesla, Rivals Get Low Marks for Automated-Driving Technology

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Tesla's Autopilot and Full Self Driving technology and nine other assisted-driving systems marketed by major automakers received "poor" ratings from the

on Mar 14

From insurancejournal.com

Trump Posts $91.6M Bond From Chubb Subsidiary in Carroll Case

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Donald Trump secured a $91.6 million bond from insurer Chubb in order to allow the former president to appeal an $83.3 million verdict against him in the

on Mar 13

From insurancejournal.com

Justice Department to Offer More Rewards to Corporate Whistleblowers

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The U.S. Justice Department is expanding its whistleblower program to coax more tipsters to disclose corporate misconduct by offering monetary rewards,

on Mar 8

From insurancejournal.com

Republican-Led States Sue SEC Over Climate Risk Disclosure Rules

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Ten Republican-led states have sued to challenge new federal rules that require U.S.-listed companies to report climate-related risks, a spokesperson for

on Mar 7

From insurancejournal.com

Texas Housekeeping Provider to Pay $520K Over Disability Discrimination Suit

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Hospital Housekeeping Systems, LLC (HHS), a provider of housekeeping, food and facilities support to numerous industries, based in Dripping Springs,

on Mar 3

From insurancejournal.com

SEC Drops Some Emissions Disclosure Requirements From Draft Climate Rules

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The U.S. Securities and Exchange Commission (SEC) has removed some of its most ambitious greenhouse gas emission disclosure requirements from corporate

on Mar 1

From insurancejournal.com

Insurers' LNG Support at Odds With Their Climate Ambition, Report Says

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The underwriting of liquefied natural gas (LNG) capacity in the US by major global insurers is at odds with their climate ambition, according to a report

on Mar 1

From insurancejournal.com

JPMorgan, State Street Quit Climate Group, BlackRock Steps Back

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JPMorgan Chase's and State Street's investment arms on Thursday both quit a global investor coalition pushing companies to rein in climate-damaging

on Feb 17

From insurancejournal.com

US, UK Ship Investors Hit by Soaring Red Sea Insurance: Sources

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War underwriters have raised the premiums they charge to US, British and Israeli firms by as high as 50% for ships transiting the Red Sea and some

on Feb 9

From insurancejournal.com

Google Calls Out Spyware Firms and Advocates for Tighter Regulation

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Internet giant Google on Feb 6 called out a series of surveillance software companies that it said were enabling the use of dangerous hacking tools, and

on Feb 8

From insurancejournal.com

US Court Cancels Approvals for Widely Used Dicamba Weedkillers

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A U.S. court has nullified the government's latest approvals of certain agricultural weedkillers sold by Bayer, BASF and Syngenta, fueling uncertainty

on Feb 8

From insurancejournal.com

Aviation Sector Sees No Quick Tech Solution to GPS 'Spoofing' Interference Problem

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Global regulators, aviation security specialists and manufacturers failed to reach an agreement on a quick technical fix to the problem of GPS spoofing

on Jan 31

From insurancejournal.com

Austin, Texas Becomes Largest US City to Drop Parking-Spot Requirements

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Austin on Thursday became the largest city in the country to stop requiring new developments to have a set amount of parking — a move aimed at both

on Jan 31

From insurancejournal.com

As DEI Comes Under Legal Attack, Companies Alter Their Programs

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Sophia Danner-Okotie's has ambitious plans for her Nigerian-inspired clothing line but a sense of dread has punctured her optimism as she watches a legal

on Jan 23

From insurancejournal.com

Russian Hackers Were Inside Ukraine Telecoms Giant for Months: Cyber Spy Chief

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Russian hackers were inside Ukrainian telecoms giant Kyivstar's system from at least May last year in a cyberattack that should serve as a "big warning"

on Jan 22