In Southwest Florida, High Home Insurance Rates Are Driving Away Would-Be Buyers February 15, 2024 By Michael Sasso Florida’s southwestern coast — long one of America’s fastest-growing regions — is losing some of its boomtown swagger as a...
Summer-Like Conditions Lead to First Wisconsin Tornadoes in February February 15, 2024 By Todd Richmond and Scott Bauer The first tornadoes ever recorded in Wisconsin in the usually frigid month of February tore through mostly rural areas on...
Hawaiian Electric Restores Power After Rolling Outages Due to Loss of Generators February 14, 2024 Utility firm Hawaiian Electric HE.Nrestored power on Hawaii Island after it had begun rolling outages on Tuesday due to the...
US Seeks More Than $1 Billion From Collapsed SVB for Taxes February 14, 2024 By Sabrina Willmer The US Internal Revenue Service is seeking to recover about $1.4 billion in taxes it claims are owed by Silicon...
Rising U.S. Losses From Powerful Hurricanes Flag Need for Better Protection February 12, 2024 By Anna Scholz-Carlson Only a few U.S. states are taking significant steps to reduce hurricane risks, as a study this week showed the...
AM Best Says Losses from California Storms Largely Uninsured, Underinsured February 12, 2024 The economic losses from the latest round of California storms will be significant, with many of these losses may not...
Allstate Reverses Q4 Loss With Benefit of Low Cat Losses, Auto Rate Increases February 9, 2024 Allstate Corp. fourth quarter 2023 net income attributable to common shareholders was about $1.5 billion, reversing a loss of $303...
Ransomware Hackers Stole More Than $1 Billion in 2023 February 8, 2024 By Sana Pashankar Ransomware gangs stole more than $1 billion in 2023, the largest amount ever recorded, according to a report published Wednesday...
Chinese Ships Get Cheaper Insurance to Navigate Red Sea February 7, 2024 By Alex Longley and Áine Quinn Chinese-owned merchant ships are getting hefty discounts on their insurance when sailing through the Red Sea, another sign of how...
Honda Recalls 750,000 Vehicles Over Air Bag Defect February 7, 2024 By David Shepardson Honda Motor Co said on Tuesday it was recalling 750,000 vehicles in the United States over a defect involving air...