Xcel Says Its Equipment Likely Involved in Huge Texas Blaze March 7, 2024 By Mark Chediak and Will Wade Xcel Energy Inc. acknowledged that its equipment was likely involved in igniting the worst wildfire in Texas history. But the...
AM Best Reports US P/C Industry Underwriting Loss Reaches 10-Year High March 7, 2024 Industry rating agency AM Best said the U.S. property/casualty industry’s underwriting loss for 2023 reached a 10-year high of $38...
Connecticut Property Owners Sue Kimberly-Clark Over Alleged PFAS Contamination March 7, 2024 By Andrew G. Simpson Some of manufacturer Kimberly-Clark Corp.’s neighbors in New Milford, Connecticut believe the paper goods manufacturer has contaminated their soil and...
Lawsuit Filed Against Lighting Company Over Ohio Cannabis Facility Explosion March 7, 2024 By Ezra Amacher An Ohio cannabis manufacturer and its insurer are suing a lighting products provider for negligence after a lamp it sold...
How Pixel Tracking Influences Claims and Underwriting in the Digital Marketing Age March 7, 2024 By Antonio Trotta Pixel tracking stands at the forefront of digital marketing innovation and is a key tool for understanding user behavior and...
Miami Trial of J&J Talc Powder Cancer Claims Ends in Hung Jury March 7, 2024 By Staff and Wire Reports The latest trial over claims that Johnson & Johnson’s talc products cause cancer ended in a mistrial on Tuesday, as...
Texas Utility Pole at Center of Wildfire Suit Was Marked Unsafe to Climb March 7, 2024 By Mark Chediak and Josh Saul The toppled utility pole that Xcel Energy Inc. has been asked to preserve as potential evidence was inspected and marked...
Washington Commissioner Wants Insurers to Modify Claims Process for Wildfire Victims March 7, 2024 Washington Insurance Commissioner Mike Kreidler on Wednesday sent a letter to insurers urging them to consider loosening personal property claim...
Lyft Earnings Report Error Prompts Shareholder Lawsuit March 6, 2024 By Jonathan Stempel Lyft has been sued by shareholders for securities fraud after a mistake in a recent earnings release about a key...
Buffett’s Oregon Fire Costs Grow as He Sours on Utilities March 6, 2024 By Rachel Graf Berkshire Hathaway Inc.’s PacifiCorp was hit with at least another $29.3 million in damages for Oregon’s 2020 Labor Day fires,...