News
Coalition Asks FEMA to Consider Wildfire Smoke, Extreme Heat Eligible for Disaster Funds
A group of 14 attorneys general has formed a coalition to persuade the Federal Emergency Management Agency (FEMA) to initiate rulemaking to update its regulations to recognize extreme heat and ...
Condo Insurance Premium Hike Hot Button Issue in Some Legislative Races
Jillian Anderson planned to make fighting crime in Waikiki the top issue in her campaign for a seat in the Hawaii House of Representatives. Then came the letter from her condo association announcing ...
Fleming Files Lawsuit Against James River, Alleging Fraud During JRG Re Acquisition
Fleming Intermediate Holdings filed a lawsuit against James River Group Holdings Ltd., alleging it had been defrauded during its $300 million acquisition of JRG Reinsurance Co. Once the deal ...
Tech Bytes: New Partnerships at Counterpart, Send, FRISS
Counterpart, an AI-driven management and professional liability InsurTech, has announced a new partnership with Westfield Specialty Insurance, to provide an admitted product for Counterpart's small ...
Texas Utility Sued by Restaurants Over Hurricane Beryl Response
Restaurants in Houston and nearby regions on Monday filed a class action lawsuit, collectively seeking over $100 million, against U.S. power producer CenterPoint Energy Inc. for lack of power ...
GenAI Investment to Grow 30%, High Adoption Firms Expect 3x Higher ROI Over Next 3 Years
With modest GDP growth and stagnant budgets, organizations globally will find it necessary to reallocate funds from mature areas to support IT investments, according to Boston Consulting Group's ...
Parametric Insurance Increasingly Aids Farmers, Others Dealing With Extreme Weather
Joemar Flores, a spindly 28-year-old, gestured across his family's farmland, nestled between a steep hill and a river, and expressed gratitude for the rice paddies in the distance. They're still ...
‘We’re All Going to See the Impact’ – Beryl Could Worsen Texas Insurance Crisis
Insurance agent Ian Hartgrove was one of many Houston residents caught off guard by the size of Hurricane Beryl, which made landfall on the Texas Gulf Coast early last week. Beryl had weakened to a ...