1 month 2 weeks ago
The Insurance Council of Texas (ICT) and State Farm are partnering for the 2025 Lock It Down! campaign—an ongoing statewide effort to reduce motor vehicle theft, burglary, and fraud-related crime. This year’s campaign includes a new component: parking lot signs …
1 month 2 weeks ago
Homesellers in the US are yanking listings off the market, as the nation’s real estate sector stagnates. Nearly 85,000 sellers removed their properties in September, the highest number for that month in eight years, according to Redfin. The number of …
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1 month 2 weeks ago
Deep inside a report on the future of water in central Ohio is this warning: Industrial demands for water will skyrocket at the same time experts expect farmers will need to regularly irrigate their fields during the critical growing period …
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1 month 2 weeks ago
ALM Freight, LLC, an Amazon Delivery Service Partner company, and LMDmax Corp., violated federal law at ALM’s Pontiac, Michigan facility by failing to provide a reasonable accommodation for a deaf job applicant after she requested an American Sign Language (ASL) …
1 month 2 weeks ago
Texas officials are requiring youth camps to have weather alert systems, mandated emergency preparedness plans, and various communication methods to help children and their families feel safe when they return this summer. But one thing is still missing from the …
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1 month 2 weeks ago
The message appears to be getting through to consumers: Excessive insurance litigation is not good for insurance costs. According to a new survey from the Independent Insurance Agents & Brokers of America (the Big I), 64.3% of those surveyed are …
1 month 2 weeks ago
In a lawsuit begun more than a decade ago and which led to counter-suits, appeals to the Florida Supreme Court and attention from national tort-reform groups, a Palm Beach County jury has awarded more than $50 million to the former …
William Rabb
1 month 2 weeks ago
UK insolvencies are rising sharply, with a leading trade credit insurer saying any new government policies that stand to raise business costs risk further pressuring vulnerable sectors. The increase reflects the impact of measures announced in last year’s budget, including …
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1 month 2 weeks ago
Zurich Insurance, Swiss Re, and Swiss Life have been added to a list of insurance firms that must develop resolution plans in case of insolvency, the G20’s financial watchdog said on Tuesday. The Financial Stability Board published an updated global …
1 month 2 weeks ago
Utah-based Trucordia announced it has acquired Charles River Insurance, an independent insurance agency based in Framingham, Massachusetts that serves the greater Boston and central Massachusetts regions. Charles River Insurance provides personal, commercial, life and health insurance. It has a second …
1 month 2 weeks ago
Royal Bank of Canada denies claims that it fostered a “boys’ club” environment at its US capital-markets business, disputing allegations that the firm engaged in sex-based discrimination against female bankers and offered unequal pay and promotions to women. In a …
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1 month 2 weeks ago
On the hunt for cheap and fast strategies to prevent deadly wildfires, utilities across the US and Europeare contracting with a handful of artificial intelligence startups to map wildfire risk along thousands of miles of power lines, picking out individual …
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1 month 2 weeks ago
Heavy rainfall has unleashed deadly floods across Southeast Asia, damaging crops and stranding tourists, with more downpours expected into early next week. Flooding in southern Thailand has killed at least 13 people and swamped around 800,000 households and rubber- and …
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1 month 2 weeks ago
Insurers putting money into one of private credit’s hottest trends will face fresh oversight from the EU’s financial stability watchdog, under new proposals to bridge the gap between member states on a deal to revamp Europe’s securitization market. Denmark, which …
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1 month 2 weeks ago
A Credit Suisse unit in Bermuda lost its UK court fight to topple a $600 million damages award to sanctioned Georgian tycoon Bidzina Ivanishvili. The Privy Council — the top tribunal for cases brought in many British territories — dismissed …
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1 month 2 weeks ago
Thanksgiving is the No. 1 day of the year for home cooking fires in the U.S., and leaving food unattended is the leading cause, the Red Cross reported. According to the National Fire Protection Association, cooking accounts for 80% of …
1 month 2 weeks ago
When accountants at mid-tier firm Moore Kingston Smith began using artificial intelligence to speed up their work, profit margins jumped. Colleagues in another team running checks against corporate fraud created a report for customers in two hours, something that previously …
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1 month 2 weeks ago
Binance Holdings Ltd. faces a lawsuit claiming the cryptocurrency platform “knowingly facilitated” crypto transactions by Hamas before the group attacked Israel on Oct. 7, 2023, killing 1,200 people and taking 250 hostages. More than 300 victims and family members of …
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1 month 2 weeks ago
While insurance consumers may be warming up to artificial intelligence, 68% say they believe the insurance company gets most of or all the benefits of AI adoption. AI is becoming more ingrained and accepted as part of the insurance industry’s …
1 month 2 weeks ago
A barge carrying 192 shipping containers that ran aground in the Bahamas and was quickly looted has returned to Jacksonville, ending a stormy journey that will likely result in millions of dollars in insurance claims. The barge, known as the …