Insurance

The New Orleans City Council and Orleans Parish School Board announced Monday that they have found a partial solution to the NOLA Public Schools district’s estimated $36 million budget gap. The school board will agree to dismiss a 5-year-old lawsuit …

The trend of decreasing rates in Connecticut workers’ compensation insurance will continue as the state’s insurance regulator has approved an industry proposed 6% rate decrease beginning January 1, 2025. The now-approved rate filing submitted by the industry’s National Council on …

The director of the National Security Agency on Wednesday urged the private sector to take swift, collective action to share key details about breaches they have suffered at the hands of Chinese hackers who have infiltrated US telecommunications. General Timothy …

A Miami insurance agent has pleaded guilty to defrauding a Georgia credit union by obtaining loans for condominium associations’ premium financing then using the $6 million for personal gain. Heleonel Gonzalez, known as Leo, is set for sentencing in February, …

Two people were taken to hospitals after a small plane struck an unoccupied plane at an eastern Pennsylvania airport, authorities said. Police in Bucks County’s Buckingham Township said first responders were sent to Doylestown Airport shortly before 12:30 p.m. Monday …

Allstate today said it estimated pretax catastrophe losses of $286 million for the month of October. Losses during October included $102 million, pretax, from Hurricane Milton as well as $144 million in unfavorable reserve reestimates from Hurricane Helene primarily from …

Elon Musk and Vivek Ramaswamy said the government efficiency panel that President-elect Donald Trump has named them to lead will follow recent U.S. Supreme Court rulings that they say can be used to take power away from federal agencies and …

ST. PETERSBURG, Fla. (AP) — A combination of severe hurricane damage to Tropicana Field and political delays on financing means it is highly unlikely the Tampa Bay Rays’ planned new stadium will be ready for the 2028 season, if at …

President Joe Biden’s pending request for nearly $100 billion in emergency disaster aid includes money to rebuild Baltimore’s Francis Scott Key Bridge, which collapsed under the impact of a massive container ship that lost power and veered off course in …

A new study examining potential unintentional bias in auto insurance finds that while Black and Hispanic drivers pay more than other drivers for auto insurance, they also have more claims and driving infractions. The study’s authors accept that higher losses …