2 months ago
California Attorney General Rob Bonta is opposing efforts to wave safety regulations for the Sable oil pipeline. Bonta filed a comment letter opposing the U.S. Pipeline and Hazardous Materials Safety Administration’s consideration of Sable Offshore Corp.’s request for a special …
2 months ago
Artificial intelligence-enabled program administrator INSTANDA said its launch of INSTANDA MAX enables commercial lines and non-admitted insurers to underwrite tens-of-thousands of complex assets under a single policy at both the portfolio and individual item level in real-time. Patent-pending INSTANDA MAX …
2 months ago
Twenty insurers rated by Moody’s reported net income of $69 billion in 2025, up 29% over 2024, as the combined ratio for the group improved in 2025 to 88.4 from 91.7 the prior year. Losses from the Los Angeles wildfires …
2 months ago
An explosion at a Troy, Illinois, house and ensuing fire killed three people. The cause is under investigation. Several homes and buildings on the property were still standing, but the home where the explosion occurred was destroyed, according to media …
2 months ago
A Kentucky insurance agency owner has been charged with diverting premiums from a church client, and the Kentucky Department of Insurance is investigating other clients. Multiple news sites reported that Glen “David” Ramey, 59, an agent and owner of David …
2 months ago
A Texas coffee bar and lounge must pay $85,197 for operating an illegal tip pool. The U.S. Department of Labor recovered the back wages for 36 employees after an investigation reportedly found a coffee bar and lounge in Buda operated …
2 months ago
India is planning sovereign guarantees to support insurers that provide cover for vessels traveling in the Persian Gulf, as the Middle East war increases the risks to shipping, said government and industry sources familiar with the matter. The plan includes …
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2 months ago
The Alabama Department of Insurance named Stephanie Tompkins manager of the department’s Consumer Services Division, succeeding Dusty Smith, who was promoted to be deputy commissioner for insurance regulation. Tompkins has 25 years of experience in the insurance business and regulation, …
2 months ago
A new report from the Government Accountability Office finds that average premium increases between risk levels are larger for wind than for wildfire. Between 2019 and 2024, homes in areas classified as severe or extreme wind risk had premiums about …
2 months ago
Insurer Nationwide finished 2025 with net operating income up 37% compared with 2024, to $4.3 billion as total sales and premiums were up 7% to a record $73.2 billion. The Columbus, Ohio-based mutual insurance company—entering its 100th year of operation …
Chad Hemenway
2 months ago
TROY, Ala. (AP) — A series of police pursuits have led to at least eight deaths around the country in less than a week amid ongoing calls from some law enforcement experts to curb risky high speed car chases. In …
2 months ago
A Texas Department of Insurance investigator and crime analyst helped identify a Russian national who reportedly filed $400 million in fake Medicare claims. Nikolai Buzolin was living in Houston in 2025 when he created a durable medical equipment company and …
2 months ago
U.S. agriculture equipment maker Deere on Monday agreed to pay $99 million into a settlement fund for farms and farmers that are part of a class action over costs and access to repairs. The case is part of broader scrutiny …
2 months ago
Pilots must be given a “final and non-negotiable” say allowing them to refuse to fly over or within conflict zones without influence from commercial pressures, global union group International Federation of Air Line Pilots’ Associations (IFALPA) said. The position paper …
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2 months ago
King Risk Partners has acquired New England Property & Casualty, Inc., an independent insurance agency headquartered in Wallingford, Connecticut. New England Property & Casualty has served individuals and families throughout Connecticut for nearly 40 years, offering auto, home, property, and …
2 months ago
China is targeting Taiwan to obtain its advanced chip manufacturing technology and talent as a way of breaking through international “containment” of the country, according to a report from the island’s top security agency. China’s scramble for chip talent and …
2 months ago
Dozens of refineries, oil fields, gas plants, ports and other energy infrastructure have been damaged by missile and drone strikes, five weeks into the Iran war. US President Donald Trump threatened to bring “Hell” to Iran with strikes on power …
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2 months ago
The current oil and gas crisis triggered by the blockade of the Strait of Hormuz is “more serious than the ones in 1973, 1979 and 2002 together,” Fatih Birol, the head of the International Energy Agency (IEA), told Le Figaro …
2 months ago
U.S. President Donald Trump threatened that “a whole civilization will die tonight” as Iran showed no sign of accepting his ultimatum to open the Strait of Hormuz by Tuesday evening. Trump has given Iran until 8 p.m. in Washington – …
Admin
2 months ago
A federal judge dismissed a proposed class-action lawsuit accusing the maker of Stanley tumblers of concealing that the popular water bottles contained lead. In a decision on April 3, U.S. District Judge Tana Lin in Seattle said consumers did not …
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