INSURANCE NEWS
Many Snowbirds Looking to Pack Up and Fly North For Good. Florida Hit Hard
The number of Canadian “snowbirds” planning to sell their second homes in sunny Florida and Arizona has surged this spring, many of them put off by the sudden chill that has blanketed relations between their homeland and the U.S. Real …
23andMe Bankruptcy Bid Deadline Extended as DNA Privacy Woes Linger
The sale of the bankrupt DNA data bank 23andMe is facing delays as the company tries to find a lead bidder that can quickly clear regulatory hurdles and guarantee customer privacy rules will be honored. The former Silicon Valley startup …
People Moves: Smith Joins Alliant Employee Benefits as VP, Sales Director
Josh Smith has joined Alliant Insurance Services as senior vice president and sales director within its employee benefits group. Based in California, Smith will direct business development activities across the western region. Smith has nearly 30 years of sales leadership …
FAA Delays Traffic to Newark Airport After Equipment, Staffing Issues
The Federal Aviation Administration said a series of issues prompted it to dramatically slow traffic at Newark Liberty Airport on Monday, prompting United Airlines to divert at least 35 flights to other airports. United Airlines, the largest carrier at the …
Major Automakers Want Congress to Bar California 2035 Electric Vehicle Plan
Major automakers want Congress to bar California’s landmark plan to end the sale of gasoline-only vehicles by 2035 that has been adopted by 11 other states, warning the rules could begin impacting vehicle shipments in a few months. The U.S. …
Severe Weather Outbreak Threatens Central U.S. with Tornadoes and Large Hail
A multi-day severe weather outbreak is expected to bring heavy thunderstorms, large hail and the threat of tornadoes across the central U.S. Parts of the Upper Midwest – particularly southern and western Minnesota and northern Iowa – is at highest …
CIBA Expands NexEdge in Midwest and Southeast
CIBA, a commercial real estate insurance program, announced the expansion of its NexEdge individual limits property product to the Upper Midwest and Southeast regions. The expansion builds on the success of the program’s initial launch of NexEdge in the Western …
Midwest Trucking Company to Pay $45K Over Discrimination Disability Lawsuit
Mail Hauler Trucking, LLC., which delivers mail for the United States Postal Service in North Dakota and South Dakota, will pay $45,000 and provide other relief to settle a U.S. Equal Employment Opportunity Commission (EEOC) disability discrimination lawsuit, the federal …
Brokers Aon and WTW Report 5% Organic Growth in 1st Quarter, Level With Q1 2024
The brokers Aon and WTW both reported organic revenues of 5% for the first quarter of the year, level with Q1 2024. Aon’s total revenue in the first quarter increased 16% to $4.7 billion compared to $4.1 billion during Q1 …
New SEC Chair Says Crypto Sector Deserves Clear Regulations
The new head of the U.S. Securities and Exchange Commission on Friday said that the agency has stifled innovation for the cryptocurrency sector by fostering “regulatory uncertainty” in prior years. “Market participants engaging in this technology deserve clear regulatory rules …
New Jersey’s Jones Road Wildfire Now 65% Contained
The New Jersey Forest Fire Service has continued to make progress fighting the Jones River wildfire. The service reported the fire was 65% contained by Sunday morning April 27. However, the service repeated a warning from the National Weather Service …
WV Commissioner Posts Guidelines on Insurers’ Use of Aerial Images
After receiving multiple inquiries about the use of aerial images in property insurance nonrenewals, West Virginia’s insurance commissioner has posted guidelines for insurers’ use of the technology. In a bulletin this month, Commissioner Allan McVey reminded insurance companies that aerial …