Industry News

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Typhoon Hagibis Economic and Insured Loss Could Equal or Surpass Faxai’s $5B to $9B

Oct 15, 2019 The economic and insured loss impact of Typhoon Hagibis, which made landfall in Japan as a Category 2 storm on Oct. 12, could...

AM Best Revises Outlooks to Stable for Funeral Directors Life Insurance Company; Upgrades Credit Ratings of Subsidiary

Oct 15, 2019 AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength...

California Governor Signs Health Insurance Bills as Legislative Year Ends

Oct 15, 2019 California Gov. Gavin Newsom closed out the state’s legislative year by signing dozens of bills into law, including measures extending the...

Florida Specialty Wants Circuit Court to Reconsider Liquidation

Oct 15, 2019 Florida Specialty Insurance Co. wants a circuit court to reconsider its liquidation orders. The company filed a motion for reconsideration and is...

Claims Journal

Cedar Rapids Struggling To Maintain Rare Houseboat Harbor

Oct 15, 2019 CEDAR RAPIDS, Iowa — Time is running out on Ellis Harbor as erosion buckles infrastructure and creates safety hazards, residents of the out-of-the-way refuge on the...

In New Headache, WeWork Says it Found Cancer-Causing Chemical in its Phone Booths

Oct 15, 2019 NEW YORK — Cash-strapped WeWork, the office-sharing company that is trying to negotiate a financial lifeline, has a new problem that may prove...

California Governor Demands PG&E Accountability For Mismanaging Power Shutoffs

Oct 15, 2019 LOS ANGELES — California Governor Gavin Newsom said on Monday that utility Pacific Gas and Electric Co should be held accountable for mismanaging...

Moody’s to Weigh City Efforts to Cope with Climate Change in Bond Ratings

Oct 15, 2019 For Moody’s Investors Service, it’s no longer enough for cities to have plans addressing their risks from climate change. The company’s...

Insurance Journal

What is Known, Unknown About Lung Illnesses Linked to Vaping

Oct 11, 2019 Government public health officials are continuing to advise people to stop e-cigarette or vaping products, especially with THC, the main psychoactive ingredient in marijuana....

Supreme Court’s High-Profile Cases in Its New Term

Oct 07, 2019 The biggest cases before the Supreme Court are often the last ones to be decided, and the focus on the court will be especially intense in June, just a few months before the 2020...

Recent Fatal Crashes Involving Vintage Aircraft

Oct 06, 2019 Last Wednesday’s crash of a World War II B-17 bomber in Connecticut was the latest in a long list of fatal crashes involving vintage planes used or designed for military purposes....

Relation Insurance Acquires Oklahoma’s Premier Consulting Partners

Oct 03, 2019 Relation Insurance Services (Relation) has acquired the Tulsa, Oklahoma-based insurance brokerage Premier Consulting Partners LLC (Premier). Founded in 2014...