Insurance

Louisiana Gov. John Bel Edwards called for a special session Sunday to address appropriate funds to the Insure Louisiana Incentive Fund, a fund created by lawmakers last year to attract more insurance companies to the state. Edwards said the special …

Consumer Reports on Monday urged four chocolate producers to commit by Valentine’s Day to reduce the amounts of lead and cadmium in their dark chocolate products, after testing revealed harmful levels of the heavy metals. In letters to Hershey Co., …

METAIRIE, La. (AP) – About a million customers of an electric utility in Louisiana will cover more than $1.4 billion in repair costs related to Hurricane Ida. Entergy Louisiana said residential customers will see about $5.50 added to their monthly …

Arthur J. Gallagher & Co. announced that its subsidiary, Risk Placement Services, Inc. (RPS), has acquired Austin, Texas-based Remco Insurance Agencies, Inc. Terms of the transaction were not disclosed. With roots going back to 1987, Remco Insurance is a retail …

Abbott Laboratories’ Michigan plant, which was at the center of the U.S. baby formula shortage last year, faces a criminal investigation by the Justice Department, the Wall Street Journal reported on Friday. Panicked parents emptied baby formula aisles at supermarkets …

U.S. auto safety regulators on Monday closed a six-year-old investigation into 1.47 million Ford Explorer SUVs over reports of exhaust odors in vehicle compartments and exposure to carbon monoxide without seeking a recall. The National Highway Traffic Safety Administration (NHTSA) …

On Sunday morning, Kyle Starks woke up to floodwaters that reached the door of his Jeep after yet another heavy rain storm drenched California. Emergency crews showed up with boats to float Starks and other residents of his rural mobile …

The U.S. is directing $930 million toward reducing wildfire dangers in 10 western states by clearing trees and underbrush from national forests, the Biden administration announced Thursday, as officials struggle to contain destructive infernos that are being made worse by …

San Diego County will pay $12 million to settle a lawsuit by the family of a man who died after he was beaten, shocked with a stun gun and hogtied by sheriff’s deputies in 2015. The settlement approved by a …

Arcadian Risk Capital Ltd., a Bermuda-based managing general agent (MGA) and part of the “Class of 2020,” announced that it has entered into a direct and facultative (D&F) property binding arrangement with Aviva Insurance Ltd. UK. The multi-year agreement will …