Farmers Adjusters Cry Foul Over Workloads, Claims Handling in Letter to Regulators June 20, 2024 By William Rabb Farmers Insurance officials this week said they have spoken with employees after receiving an anonymous letter, apparently from a group...
Tropical Storm Alberto to Bring Flooding to Coastal South Texas June 19, 2024 Tropical storm Alberto has caused flooding and more than three feet of storm surge in parts of coastal south Texas...
Report Shows Trust Top Driver of Auto Insurance Customer Satisfaction June 12, 2024 High auto insurance premiums don’t necessarily erode customer satisfaction with auto insurers, according to the latest J.D. Power 2024 U.S....
How Smart Insurance Adjusters Are Prepping for Hurricane Season June 12, 2024 By Geoffrey Conrad The 2024 Atlantic hurricane season is fast approaching, and with preliminary forecasts predicting one of the most active seasons on...
Catastrophe Bond Sales Soar as Markets Brace for Unusually Active Hurricane Season June 11, 2024 By Gautam Naik Issuance of catastrophe bonds just hit a record high, as the market braces for a rough hurricane season with the...
Snowflake Working to Beef up Security Controls as Firms Probe Breaches June 10, 2024 By Jeff Stone and Charles Gorrivan Snowflake Inc. is trying to get its clients to impose stronger security controls as companies including Advanced Auto Parts Inc....
Gang Member Who Led Violent Takeover of Fire Restoration Industry Sentenced June 5, 2024 By Andrew G. Simpson A gang leader who recruited other gang members and used violence, threats of violence, and extortion to take over the...
Wind Farm Developer Settles for $125M over Scrapped Offshore Projects May 30, 2024 By Wayne Parry Danish wind farm developer Orsted will pay New Jersey $125 million to settle claims over the company’s cancellation of two...
Where the AI Risks Are: Swiss Re’s Top 10 Ranking by Industry May 29, 2024 By Susanne Sclafane The insurance industry came in sixth in a ranking of 10 major industries based on current AI risk, and seventh...
Texas Storm Leaves Thousands of Homes Without Power: Weather Watch May 29, 2024 By Brian K. Sullivan More than half a million electricity consumers are still without power in Texas and over one thousand flights were canceled...