Insurance

Under the blazing Adriatic sun, life almost stopped in Montenegro’s capital Podgorica earlier this summer. Cars and buses were stuck in gridlock as traffic lights went out, the internet crashed, and security alarms blared in reaction to a sudden loss …

A new report asserts the impact of business email compromise incidents on U.S. companies is likely underestimated and misunderstood—and it shows that multifactor authentication and cybersecurity awareness programs may be the top two risk management controls to prevent BEC attacks. …

Here’s a troubling phrase hurricane forecasters hate but often hear: “It’s just a Category 1. Nothing to worry about.” Or even worse: “Tropical storm? Just some wind and rain.” But look at Hurricane Beryl, which hit Texas this week as …

ATLANTA (AP) — A federal judge on Friday sentenced former Georgia Insurance Commissioner John Oxendine to serve three-and-a-half years in prison after Oxendine pleaded guilty to conspiracy to commit health care fraud, plus three years supervised release after his sentence …

A plan by a politically conservative group to dismantle the National Flood Insurance Program, if Donald Trump is elected president, has been met with approval from a private flood insurer but sharp skepticism from economists and insurance agents who say …

A commercial truck driver who was acquitted in the 2019 deaths of seven motorcyclists won’t be eligible to get his license back for another two years, New Hampshire safety officials said. A jury in 2022 found Volodymyr Zhukovskyy not guilty …

PLAINFIELD, Vt. — Volunteers, some with heavy equipment, shoveled river silt and mud from roads, homes, yards and driveways and removed flood-ravaged items from homes Friday in one of the Vermont communities hardest hit by flooding from the remnants of …

Allstate is seeking an increase in its California homeowners insurance premiums by an average of 34%. According to the California Department of Insurance, the Allstate homeowners filing was received by the Department on April 14, 2023. The initial rate request …

California Insurance Commissioner Ricardo Lara today issued a decreased pure premium rate for workers’ compensation insurance, lowering the annual benchmark rate from $1.41 to $1.38 per $100 of payroll— representing a 2.1% percent decrease from last year. The advisory rate …

Leif Assurance, headquartered in St. Louis, promoted Robert Worden to sales manager. Worden will also serve as the commercial lines’ sales manager for Leif’s sister company, Powers Insurance & Risk Management. Worden has 30 years of experience in the insurance …