Insurance
Ecuador Fires Threaten Wealthy Areas, Force President to Return Home
Wealthy neighborhoods in Quito remain under threat of flames, and schools have shifted to online teaching through the end of the week as firefighters battle forest fires in Ecuador’s capital. Quito Mayor Pabel Muñoz of the left-wing Citizen Revolution party …
Read More Markets/Coverages: Markel Expands Specialist Tech Insurance Offering in UK
Markel, the insurance operations within the Markel Group Inc., has launched an enhanced insurance proposition tailored to meet the evolving needs of the UK’s growing tech sector. The enhanced product, MarkelTech, is aimed at start-ups, small-and-medium-sized businesses, mid-market and high-growth …
Read More A $9.5 Trillion Investor Group Unveils Milestone Emissions Cuts
Institutional investors holding a combined $9.5 trillion of assets say they’ve slashed portfolio emissions at a rate that aligns them with the goal of limiting global warming to the critical threshold of 1.5C. The Net-Zero Asset Owner Alliance, whose signatories …
Read More India Insurer Star Health Sues Telegram After Hacker Uses App’s Chatbots to Leak Data
Top Indian insurer Star Health has sued Telegram and a self-styled hacker after Reuters reported that the hacker was using chatbots on the messaging app to leak personal data and medical reports of policy holders. Star has received a temporary …
Read More Why US Home Insurance Rates Are Rising Fast – Climate Change Plays a Big Role
Millions of Americans have been watching with growing alarm as their homeowners insurance premiums rise and their coverage shrinks. Nationwide, premiums rose 34% between 2017 and 2023, and they continued to rise in 2024 across much of the country. To …
Read More State Farm Posts Worst HO Loss Ratio Since 2011; Peers Recover: S&P
State Farm was the only one of 10 major players in the homeowners insurance market reporting a worse second-quarter loss ratio for the line than it did in 2023, according to a new analysis. The outlier result came even as …
Read More Investigators Arrest Suspect From Washington Insurance Commissioner’s Most Wanted List
An Everett woman on Washington Insurance Commissioner Mike Kreidler’s Insurance Fraud Most Wanted list who failed to appear for her arraignment has been arrested. Shawndlyn Williams, who also goes by Shawndlyn Dyson, was charged by the King County Prosecutor’s Office …
Read More Passenger Killed When Horse Smashed Through Windshield on California Highway
The passenger in a car was killed when a horse smashed through the windshield during a series of crashes on a Southern California interstate, authorities said. The first collision occurred about 2 a.m. Sunday when a Toyota Tacoma towing a …
Read More Snowmobiler Who Crashed Into Black Hawk Helicopter on Path Awarded $3 Million
The federal government was mostly responsible for a nighttime collision involving a snowmobiler who nearly died after hitting a Black Hawk helicopter that was parked on a Massachusetts trail, a judge ruled in awarding him $3.3 million in damages. U.S. …
Read More Cease and Desist Order Issued Against Iowa Contractor
The Iowa Insurance Division has issued a cease-and-desist orderagainst William Campbell and All or Nothing LLC, a Clive, Iowa limited liability company doing business as All or Nothing Roofing and Construction. The order claims that Campbell and his company have …
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