GEICO’s ‘Eye-Popping’ 2023 Insurance Profits, Falling Employee Counts February 26, 2024 By Susanne Sclafane Even though Berkshire Hathaway’s latest annual report featured Warren Buffett’s forecast that the days of “eye-popping performance” for the giant...
AT&T Outage Triggered by Company Work on Network Expansion February 23, 2024 By Jillian Deutsch, Todd Shields, Jake Bleiberg and Jennifer Jacobs AT&T Inc. said a widespread outage that took hours to resolve Thursday was caused by “an incorrect process” while expanding...
AccuWeather Warns of Potential ‘Super-Charged’ 2024 Hurricane Season February 23, 2024 AccuWeather experts warn that the return La Niña and historically warm water across the Atlantic Ocean could contribute to a...
Fire Mitigation Industry Terror: NYC Gang Member Convicted of Extortion, Racketeering February 23, 2024 By Andrew G. Simpson A gang member who ran a fire restoration company has been convicted of using violence, threats of violence, and extortion...
Morgan Stanley Suit Isn’t About Money, Billionaire Mike Ashley Says February 23, 2024 By Upmanyu Trivedi Billionaire Mike Ashley said he brought his lawsuit against Morgan Stanley because he was concerned with how “grotesquely and unfairly”...
P&I Clubs Raise Renewal Prices to Keep Up With Claims Inflation: AM Best February 22, 2024 By L.S. Howard Protection and Indemnity (P&I) clubs sought further price improvements at the February 2024 renewals in order to keep up with...
Texas Jury Finds LSD Did Not Cause Spinal Injury, Requires Occidental to Pay HO Limits February 22, 2024 When does a hallucinogenic drug become the direct cause of a catastrophic injury, triggering a homeowners’ policy exclusion? Not when...
CoreLogic: 2-inch-Plus Hail Fell on 10M U.S. Homes in 2023 February 22, 2024 Last year saw 141 days with large hail (2 inch or greater)—the highest number of days in 20 years, according...
February Tornadoes in Wisconsin Caused $2.4M in Damage February 21, 2024 The first ever tornadoes ever recorded in Wisconsin in the usually frigid month of February caused more than $2.4 million...
California Hillsides Are at Risk of Floods After Days of Downpours February 20, 2024 By Michelle Ma The latest in a series of robust storms is drenching California again with rain and snow, prompting officials to warn...