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Over 33 Million Properties at Risk of Hurricanes, Creating ‘Liquidity Traps’
Cotality said it has identified more than 33.1 million residential properties from Texas to Maine with a combined reconstruction cost value of $11.7 trillion at least moderate risk of sustaining damage from hurricane-force winds.… More
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OpenAI Asks White House to Shield AI From State Rules
OpenAI has asked the Trump administration to help shield artificial intelligence companies from a growing number of proposed…
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North Sea Ship Collision Could Cost Insurers Up to $100M, Hitting Marine Line’s Profits
The collision of a cargo ship and a fuel tanker off the eastern coast of England in the…
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State Farm, Consumer Group Battle Ahead of Calif. Insurance Commissioner Decision
Ahead of a decision from California’s insurance commissioner on a State Farm General request for emergency rate increases,…
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ACORD Solutions Group Launches ADEPT Bermuda Regional Hub for Digital Messaging
ACORD Solutions Group, a provider of digital solutions for the global insurance industry, announced the launch of the…
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Explosion in Manhole at Texas Tech University Prompts Campus Evacuations
Several buildings at Texas Tech University in Lubbock were evacuated Wednesday night after officials said an explosion in…
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AM Best Places Michigan’s Wolverine Mutual Under Review With Positive Implications
AM Best has placed under review with positive implications the Financial Strength Rating of C++ (Marginal) and the…
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Texas Stock Exchange Hires Nasdaq, Cboe Executives for ETP Push
An upstart stock exchange based in Texas has poached top talent from its big-name rivals as it prepares…
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CannGen Launches Workers’ Comp Program Through Crum & Forester
CannGen Insurance Services LLC is now offering workers’ compensation coverage for the legal cannabis industry through specialty insurance…
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Four Charged in Death of 5-Year-Old Michigan Boy in Oxygen Chamber Explosion
Four people have been charged in the death of a 5-year-old boy who was “incinerated” inside a pressurized…
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Canadian Man Sentenced for Shootings That Damaged Pipeline and Power Station in Dakotas
A Canadian man has been sentenced to 25 years in federal prison for shootings at an oil pipeline…