U.S.
El Nino Predicted Through Winter
The National Weather Service has indicated there is a greater than 90 percent chance that El Niño will continue through the Northern Hemisphere winter. Last month, a weak El Niño was associated ...
Another Insurer Limiting Florida Insurance Policies
AAA won't renew "a very small percentage" of homeowners and auto insurance policies in hurricane-wracked Florida, joining other insurers in limiting their exposure in the Sunshine State despite ...
District of Columbia Sues Manufacturers for ‘Forever Chemical’ Contamination
District of Columbia Attorney General Brian L. Schwalb has filed a lawsuit against more than 25 chemical companies for manufacturing, marketing, distributing and selling ...
New NOAA Hurricane Model Launched
A new hurricane model released last month by NOAA's National Hurricane Center, a division of the National Weather Service, has proved better at predicting rapid intensification. The Hurricane ...
Bain Capital Raises $1.15B for First Insurance Investment Fund
Bain Capital has raised $1.15 billion for its first fund dedicated to investing in the insurance industry, as the private equity firm aims to create and invest in companies in the sector, a senior ...
New Cybersecurity Labeling Announced for Smart Devices in the U.S.
The Biden administration and major consumer technology players on Tuesday launched an effort to put a nationwide cybersecurity certification and labeling program in place to help consumers choose ...
Utility Investors Wary of Exposures After Buffett’s PacifiCorp Held Liable for Wildfires
Destructive wildfires are now an almost routine part of summer in the American West, and electrical utilities have likewise become used to having their power lines and ...
Tailored Products, Personalized Services, Affordability Desired by Policyholders: Survey
Policyholders today are zeroing in on an insurer's reputation, premium affordability, and personalized services and products when shopping for insurance coverage, according to results of a new ...