News
Hedge Funds Face California Rebuke Over Role in Wildfire Claims
Hedge funds are facing pushback in California as their bets tied to insurance claims stemming from the Los Angeles wildfires are attacked as unethical. The transactions in focus are tied to so-called ...
InsurTech Slide Targets $2B-Plus Valuation in IPO
Insurance tech company Slide is aiming for a valuation of up to $2.12 billion in its U.S. initial public offering, joining a lineup of insurance companies that have made ...
Multi-Million Dollar Staged Crash Scheme Busted in Louisiana
A suspected staged crash led investigators from the Louisiana State Police Insurance Fraud and Auto Theft Unit (IFAT) Breaux Bridge Field Office to a $10 million dollar scheme to defraud insurance ...
U.S. Official Reports NOAA ‘Fully Staffed’ With Forecasters, Scientists
[no_auto_dropcap}U.S. Commerce Secretary Howard Lutnick told a Senate hearing that the National Oceanic and Atmospheric Administration (NOAA) is "fully staffed" with weather forecasters and ...
Several Reasons Why Americans Are Slow to Adopt EVs: Survey
U.S. car buyers' remain hesitant to buy an electric vehicle, despite the wide variety of EV models now on the market—over 75 options introduced in the past four years, according to a new survey by ...
Tropical Storms Barbara, Cosme Gather Strength in the Pacific
Two tropical storms gathered strength off Mexico's Pacific coast Monday, with one forecast to become a hurricane later in the day, forecasters warned. Tropical Storm Barbara was about 185 miles (295 ...
Homeowners Suing USAA and AAA Insurers Over LA Wildfires
Some homeowners who lost their homes in the Los Angeles wildfires have filed lawsuits against three large insurers over claims payouts they say didn't cover their losses. The lawsuits were filed in ...
OSHA’s Updated Inspection Program to Focus on Workplaces with Highest Injury, Illness Rates
The U.S. Department of Labor's Occupational Safety and Health Administration announced an update to its inspection program that directs agency resources to workplaces reporting the highest rates of ...