News
SEC Accuses Four Firms of Downplaying SolarWinds-Related Hacks
Four hacked companies will pay a total of almost $7 million to settle US Securities and Exchange Commission allegations that they downplayed the significance of the cyberattacks, the latest fallout ...
Record-Breaking Temperatures Mask a Subtler Threat: Chronic Heat
Phoenix has become a nerve-wracking bellwether for extreme heat. Arizona's capital recently endured a three-week stretch when every day broke a heat record, with thermometers peaking at 117F (47C) on ...
Global Commercial Insurance Rates See 1st Quarterly Decline in Seven Years: Marsh
Global commercial insurance rates fell 1 percent in the third quarter of 2024 from the previous quarter, which marked the first time the index has recorded a quarterly decline since the third quarter ...
Georgia Legal System Abuse Focus of New Triple-I Awareness Campaign
To raise awareness of the impacts of legal system abuse to Georgia consumers, businesses and insurers, the Insurance Information Institute (Triple-I) launched a multi-faceted campaign that includes ...
This Year’s Florida Citrus Crop to be Lowest on Record Due to Hurricanes
Early evaluations of the impact of hurricanes Helene and Milton in the citrus-growing area in Florida indicates production will fall further, likely to a record low, according to industry ...
Affordable Housing in Hawaii Threatened by Rising Insurance Prices
Lahilahi Heen has lived for decades in a three-bedroom house surrounded by a carefully groomed garden in the lush Hawaiian Shores subdivision in Lower Puna. It's also downslope from Hawaii's most ...
80% of New Yorkers Feel City Is Unprepared for Climate-Related Risks
A recent survey reveals that 80 percent of New York City residents feel their city is unprepared for climate-related risks. Of the 500 New Yorkers surveyed, only 6 percent believe the city is ...
State Residual Markets See Policy Count Double in 5 Years: AM Best
State-sponsored residual property markets have seen an influx of risks come in since 2018, with some states growing by more than 200 percent. According to insurance industry ratings firm AM Best, the ...