News
Once Praised, Settlement to Help BP Oil Spill Workers Leaves Most With Nearly Nothing
When a deadly explosion destroyed BP's Deepwater Horizon drilling rig in the Gulf of Mexico, 134 million gallons of crude erupted into the sea over the next three months — and tens of thousands of ...
Munich Re Specialty Launches FAIR Plan Commercial Wrap Product in California
Munich Re Specialty Insurance is launching a FAIR Plan Commercial Wrap, available to commercial insureds in California who seek comprehensive coverage in tandem with their FAIR Plan coverage. MRSI's ...
I’ve been in this industry long enough to know that a great year can also be a warning sign more...
FTC Issues Worker Non-Compete Ban as Chamber Lawsuit Looms
The U.S. Federal Trade Commission voted Tuesday to adopt a near-total ban on non-compete provisions that prohibit workers from switching jobs within an industry, a rule the Chamber of Commerce vowed ...
E&S Property In Focus: Competition Up, Price Momentum Waning
During separate earnings conference calls this week, executives of two property/casualty specialty writers—W.R. Berkley Corp. and RLI Corp.—signaled a changing E&S property insurance market. ...
Audit Finds Passwords Under 7 Characters Can Be Cracked Within Hours
Passwords under seven characters can be cracked within a matter of hours, according to Hive Systems' annual audit of hackers' ability to crack passwords. The good news is that due to the widespread ...
IBHS: Virginia Edges Florida Out of First Place in Building Code Adoption
In a newly released ranking of hurricane-prone states, Virginia pushed Florida out of the lead to top the list in building code adoption and enforcement. The fifth edition of "Rating the States," ...
Large Number of Americans’ Data Stolen in UnitedHealth Hack
UnitedHealth Group said on Monday that hackers stole health and personal data of potentially a "substantial proportion" of Americans from its systems in February, as the largest U.S. health insurer ...
15 Injured in Tram Collision With Guardrail at L.A. Theme Park
More than a dozen people suffered mostly minor injuries when a tram used for tours crashed into a railing at Universal Studios Hollywood near Los Angeles, authorities and the company said. Los ...