Hawaiian Electric Among Firms Eyeing $4B Maui Fire Deal July 19, 2024 By Jef Feeley and Mark Chediak Hawaiian Electric Industries Inc. is among the companies that have tentatively agreed to pay more than $4 billion to resolve...
Study Urges Rethinking of Disaster Management in Era of Compounding Events July 19, 2024 By Allen Laman A new report warns that compounding natural disasters introduce new, interconnected, and complex risk scenarios — and points to a...
MEMIC Group Promotes Foote to Vice President of Claims July 19, 2024 The MEMIC Group promoted Stacey Foote to vice president of claims. Foote will oversee MEMIC’s Eastern Region claims handling operation,...
North Carolina Man Charged With Threatening Insurance Agents Over Claim July 18, 2024 First, a North Carolina man filed a claim with Farm Bureau Insurance. Then he threatened three insurance agents with violence...
Hard Market Conditions Expected to Ease in 2025 as Claims Inflation Softens: Swiss Re July 18, 2024 By Lisa Howard Hard market conditions in the global non-life insurance sector will continue this year, but will begin to ease in 2025,...
Hyundai Motor America to Recall Nearly 67,000 Vehicles in the U.S., NHTSA Says July 18, 2024 By Harshita Meenaktshi Hyundai Motor America is recalling nearly 67,000 vehicles in the U.S., the U.S. National Highway Traffic Safety Administration said on...
The ‘Greenhouse Effect’: How an Oft-Touted Climate Solution Threatens Agricultural Workers July 18, 2024 By Melina Walling and Dorany Pineda MOREHEAD, Ky. (AP) — To harvest tomatoes, peppers and cucumbers, to clip herbs, to prune and propagate succulents, people work...
Amazon Worker Injured Due to Repetitive Tasks Loses Workers’ Compensation Bid July 18, 2024 By Andrew G. Simpson An Amazon distribution center worker in Virginia whose job entailed repetitive lifting and stowing of items all day and who...
The Problem(s) With Hail Claims – Part 3 July 18, 2024 By Bill Wilson Read the first part in this series, The Problem(s) With Hail Claims, Part 1: A Cautionary Tale for Insureds and...
Record Flooding and Tornadoes This Spring in Iowa Caused $130M in Damage July 18, 2024 By Hannah Fingerhut and Todd Richmond DES MOINES, Iowa (AP) — Record flooding and powerful tornadoes ravaged parts of Iowa for weeks this spring, destroying or...