News
U.S. Opens Probe into Nearly 1.3M Ford F-150 Trucks Over Gear Shift Risk
The National Highway Traffic Safety Administration is investigating nearly 1.3 million Ford F-150 pickup trucks in the United States over reports of an unexpected gear downshift accompanied by a ...
New Fire Maps Put Nearly 4M Californians in Hazardous Zones
New bursts of yellow dot the hills of Mendocino County, California. Smears of burnt orange now span the aqueduct near Bakersfield. A fresh splash of crimson juts east of Chico like a fresh wound. ...
Everest Group Chair Taranto to Retire, Graf to Succeed
Everest Group, Ltd. announced that Joseph V. Taranto, current board chair, will retire from the role when his term expires in May. Taranto has served as chairman of Everest's board since 1994 and as ...
Premium Growth Is Good but Disciplined Growth Is Better: Lloyd’s Execs
Lloyd's executives said the market has continued to demonstrate its value to stakeholders by delivering 6.5 percent premium growth while maintaining underwriting discipline. Lloyd's saw a ...
Delaware Rushes to Reverse Firms’ Threats to Leave State
For more than a century, Delaware has been the top state for businesses to incorporate due to its business-friendly climate. In fact, the state incorporated 81 percent of U.S. IPOs last year, ...
NAIC, Legislators Push to Abolish the Federal Insurance Office
Last week, the National Association of Insurance Commissioners announced its agenda for 2025, including the call to eliminate the Federal Insurance Office. This comes on the heels of legislation, the ...
Lawsuit Claims Downed Municipal Power Lines May Have Sparked Palisades Fire
Several residents of Los Angeles who were affected by the deadly Palisades wildfire sued city authorities over claims that municipal utility power lines ignited the fire, according to a lawsuit filed ...
Fall Hazard Resulting in 20 Injuries So Far Prompts Segway Recall of 220,000 Scooters
Segway is recalling about 220,000 of its scooters sold across the U.S. due to a fall hazard that has resulted in user injuries ranging from bruises to broken bones. According to a notice published by ...