News
How Will You Celebrate Employee Appreciation Day? Why It Matters
A new survey highlights the importance of employee appreciation in the workplace, with 87 percent of employees indicating companies should recognize contributions with tangible tokens of ...
FBI Busts South American Organized Theft Ring Targeting Pro Athlete Homes
Last week, the FBI announced a coordinated operation of arrests and searches in multiple jurisdictions in its effort to investigate burglaries targeting the homes of several professional athletes. ...
AM Best Data Insights: FAIR Plan, E&S Growth Soars in California
A newly published AM Best report reveals the extent to which California homeowners policyholders have turned to the state's insurer of last resort and to the nonadmitted market for insurance in ...
Startup Aims to Be Big ‘Permanent’ Player in Florida Property Market
Stephen Weinstein, a Harvard-trained lawyer, has spent more than two decades with RenaissanceRe as chief legal officer and executive vice president. He is now turning that experience to Mangrove ...
Securities Class Actions Increase Again in 2024; AI-Related Filings Double
The number of securities class action filings increased for the second consecutive year in 2024, with artificial intelligence (AI)-related filings more than doubling from the previous year, according ...
Third-Party Attack Vectors Responsible for 59% of Insurance Breaches
A new report from SecurityScorecard highlights how cybersecurity gaps threaten critical services and policyholder trust. Among the top 150 insurance companies involved third-party attack vectors, 59 ...
Auto Insurance Rate Hikes Expected to Slow in 2025
After an average rate increase of 16.5 percent in 2024 and 12 percent in 2023, insurers are raising rates 7.5 percent on average in 2025, according to LendingTree. A new report by by ...
Insurance Issues Pose Vastly Different Rebuilding Options for LA Wildfire Neighbors
Before a wildfire ravaged their street in northwest Altadena, Louise Hamlin and Chris Wilson lived next door to each other in nearly identical houses. "I chose an old home in an old neighborhood ...