Inflation Contributes to Rising Loss Costs for US Commercial P/C Insurers: Fitch April 10, 2024 By Lisa Howard Inflation is bringing rising loss costs for US commercial property/casualty insurers, according to Fitch Ratings, which reviewed reports from three...
Why Near-Miss Cyberattack Put US Officials and Tech Industry on Edge April 9, 2024 By Raphael Satter German software developer Andres Freund was running some detailed performance tests last month when he noticed odd behavior in a...
Report: $2.1B Loss if Noneconomic Damage Caps Removed in Colorado April 8, 2024 A report from the Colorado Chamber of Commerce and the American Property Casualty Insurance Association estimates a proposal to remove...
Property Restoration Industry: A Culture in Need of Repair? April 8, 2024 By Jim Sams Jatiek Smith, a Bloods gang member convicted on extortion and racketeering charges in New York, blamed ruthless competition and a...
Severe Weather Spawns Tornado, Damage and One Death in South, Midwest April 5, 2024 By Bruce Shipkowski Thousands of homes and businesses were without power this week as severe weather roared through several states, causing at least...
Baltimore Shipping Set to Resume by End of April With Full Capacity by End of May April 5, 2024 By Daniel Trotta The U.S. Army Corps of Engineers said Thursday it expects to open a new channel to the Port of Baltimore...
Another Report Forecasts 2024 Atlantic Basin Hurricane Season to Be ‘Extremely Active’ April 5, 2024 A 2024 Atlantic hurricane season forecast calls for 23 named storms, 11 hurricanes and five major hurricanes. This is the...
Baltimore Ship Accident Has East Coast Ports Scrambling to Absorb Cargo April 1, 2024 By Brendan Murray Ports along the US East Coast are modifying their operations to absorb cargo diverted from Baltimore harbor, where salvage specialists...
US Home Insurance Premiums May Hit a Record This Year, Report Warns April 1, 2024 By Coco Liu US home insurance rates are expected to reach a record high this year, with the biggest increases occurring in states...
More Than Half of Homeowners Fear Climate Change, Most Worry About Rising Home Insurance Costs March 28, 2024 Homeowners are increasingly worried about hazards and rising insurance costs as temperatures rise in the U.S. A survey of nearly...